China'S Textile And Apparel Exports To The United States Face Three Difficulties.
According to data released recently by the China Textile Import and Export Association, China's textile and apparel exports to the United States increased by nearly 7% in 2015 compared to the weak external demand and extraordinarily difficult export.
"We certainly hope that textile and garment exports to the US will continue to maintain a good growth momentum in 2016, but the difficulties are obvious."
On the 17 day, referring to the export trend of Chinese textile and clothing to the US, Shen Danyang, spokesman of the Ministry of Commerce of China, said.
Shen Danyang said at a regular press conference held at the same day, "in 2015,
China's textile and clothing export
$283 billion 780 million, down 4.9% from a year ago, but exports to the US $47 billion 730 million, an increase of 6.7% over the same period last year.
This is very rare and gratifying. "
But he also pointed out that at present, China's textile and clothing exports to the United States face three difficulties:
First, the recovery of the world economy is slow.
international market
The impact of weak demand and rising domestic factor costs has led to an overall decline in China's textile and garment exports and a slowdown in US export growth.
For example, from the 2015 European and American textile and clothing import situation, EU import growth declined by 8.8 percentage points, and the US import growth rate was only 4%.
Two, some industries and orders have been pferred to low cost countries such as Southeast Asia and South Asia, making the textile and garment industry of the surrounding countries rapidly rising and occupying the space of some Chinese products to the US export market.
Three, the depreciation of currencies in some countries caused the passive appreciation of RMB and weakened the competitiveness of Chinese products.
"Therefore, we must keep this year on the right track.
Textile and apparel exports in the US
We must make greater efforts to grow. "
Shen Danyang said.
Textile and clothing are the traditional dominant industries in China. Generally speaking, under the background of economic globalization, the first ten years of this century are the "golden ten years" of China's textile and clothing export.
Data show that in 2011, China's textile and clothing exports amounted to US $254 billion 123 million.
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