Enjoy growth gluttonous warning road before font

1025 "-" starting year of China's textile economic operation environment americanized

February 18, the central bank announced his decision, from February 24 up raised RMB deposit reserve rate 0.5 percentage point. This is the first 2 times to raise deposit reserve rate, also be the first eight times since last year the increase. This adjustment, large financial institutions after the deposit reserve rate reached new highs 19.5%, small and medium sized financial institutions for 16%. Experts think, inflation and liquidity is still the upward reason, moreover also includes real estate market control.

From just released on January 2011 macroeconomic data, it is easy to see the weight adjusted CPI 4.9 percent year-on-year increase by market widely interpreted as "below expectations", but still showed inflation pressure and not ease; During the same period to PPI data year-on-year increase 6.6%, more boded if consider conduction delay factors, future CPI continued upward pressure or greater. Whether in China's macroeconomic environment, or textile industry operation environment is concerned, "1025" start situation are equally one agonizing.

Justafter the eleventh five-year plan period, America's "great depression" comes the worst financial crisis since the rapid evolution, the financial crisis for entity economic crisis, and through a variety of channels affect infiltration to all global economies, any areas, any trade failed to possess. China's textile industry relies on the industrial accessory capacity, cluster of effect significantly, product export competitiveness is prominent, the industrial structure adjustment results obviously comprehensive advantage, perfectly overcome the crisis brought negative effects such as the international market atrophy, in the "11th five-year plan" period end (namely the 2010) gain a "fifteen end" (i.e., 2005) investment growth effect times, export growth 75.72%, production grew 1.31 times, industry profit rate increase 1.91 percentage points etc multi-layered growth and upgrade results.

However in order to enjoy the "11th five-year plan" growth, while the achievements of 1025 "start" in the complex situation has basic:

By global economic crisis the following influence, the development of the world economy is still many uncertainties, recovery process will still twists and turns. The world economy geographic patterns and industrial structure adjustment strength increases, the global economy faces "rebalancing", these must release complex and fixed-price export signal.

Long-term rapidly growing domestic market is facing the challenge of urban development ills, even by 2010 China's gini coefficient has exceeded warning, for rapid growth of critical strikes a record alarm. Our domestic market in financial crisis in the glow of freshman, can continue to be supported industry of economic growth, strong power deserves further investigation.

2010 plagued industry raw material rising problem will still be 2011 need attention and cope with focus, price highs difficult back has become a consensus, enterprises must inform the record warning.

Meanwhile, the risk of policy adjustment should be more response ahead. 2011 at the central bank monetary continue to increase control, the continuation of the 2010 in the fourth quarter of tightening policies, jan. 20 date to raise deposit reserve rate 0.5 percentage point, feb. 9 up once again raised financial organ renminbi benchmark interest rates by a quarter of a percentage point until feb. 24 upcoming once again raised, frequency fast are.how government to promote economic growth mode transformation, control liquidity and inflation pressures determination, this also gives textile enterprises brought a financial cost pressure increases, capital of negative environmental tightening signal. Rates also will further strengthen the yuan appreciation pressure, make China's textile and apparel exports price competitiveness so weakened.

Source "of Chinese textile net"

Editor: lara