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The international market of textile industry

The international market of textile industry

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Basic necessities of life, the market will be folded but will never disappear, low-cost low-priced products will still have to win the opportunity to order, textile enterprises must appear the survival of the fittest fierce competition and reshuffle. Although facing difficulties, but the fundamentals of China's textile industry has not changed. International and domestic competitive advantage still exists. First of all, to create profits accounted for 98% of the industry profits of 1/3 of the textile and garment enterprises in the development of good momentum.
Export business sales difficulties, lower profitability, or even loss, operating rate decline, shutdown or collapse, the workers unemployed. At the same time, export enterprises are faced with the risk of money collection. As a result of the economic recession of the importing country, the ability of enterprises and individuals to pay down, credit down, there are difficulties in payment, the export of goods can not be recovered after the timely payment, or simply can not recover the purchase price.
Trade protectionism is rampant and trade frictions will intensify. Leading to uncertainties in the trade environment between the trading countries. The textile faces the same mistakes as temporary tariffs and rations. China's exports will also be affected by higher production costs, financing difficulties for export enterprises and rising financing costs, export policy adjustment uncertainty, the impact of RMB appreciation pressure
China and the United States, Japan, Europe three major trading partners textile trade trend is better, more stable. Affected by the financial crisis, the United States, Japan, Europe three major trading partners demand a sharp reduction in the international market shrinking. And perennial cooperation in foreign trade partners financial crisis led to a crisis of integrity
This part of the enterprise 1 - August sales growth of 24%, profit growth of 33%, the average profit margin of 8.3%, of which 3198 enterprises, sales growth of 27%, profit growth of 52%, average profit margin of 15.1%, this part of the business is Industry's main force, on behalf of the industry development hope. Second, the huge potential of domestic and foreign markets has not changed

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