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The Development of Textile Industry

The Development of Textile Industry

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China's textile enterprises should overcome the difficulties of rising raw materials, appreciation of the renminbi and export tax rebates, seize the opportunities for the development of the textile industry, increase the concentration of the industry, curb the blind expansion of inefficient production capacity, increase the construction of special industrial parks, strengthen independent innovation The pace of China's textile industry to enhance the brand building, industrial restructuring and upgrading. So that China by the textile power to the textile power forward.
From the domestic economic environment, domestic demand will become an important driving force for industry growth. About 80% of Chinese textiles in the domestic consumption. With the sustained and rapid growth of the domestic economy, the stability of residents' income will boost the further development of the domestic market.
From the international environment, the international market is still a large expansion of space and opportunities. With the end of 2007, China and the EU textile limit expires, the end of 2008 the end of the Sino-US textile quota limit, the Chinese textile quota era is approaching, accounting for more than 60% of the global textile market share of the region fully open, will bring to China's textile trade Great opportunity.
China is the textile production and export of the country, China's textile industry itself after years of development, competitive advantage is very obvious, with the world's most complete industrial chain, the highest level of processing support, many developed industrial clusters to deal with market risk self-regulation The ability to continuously enhance the industry to maintain a steady pace of development to provide a solid guarantee.
The global textile industry market uncertainty is increasing, which with the global credit crisis and the United States, the EU economic growth slowdown in the trend will bring impact on the clothing retail industry.

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