2010 1 - October, China's textile and apparel accumulative total exports to 1618.33 billion dollars, year-on-year growth rate 22.9%, relatively before September decline s percentage points.

10 years, 1-10 months, domestic textile clothing accumulative total sales 4581 billion yuan, an increase of 26.97%, fast at same social total retail sales of consumer goods growth 3.38 percentage points.

In the previous three brand pipeline class performance of listed companies is outstanding, income rose by 43.5%, net profit 29.99% respectively year-on-year growth faster than plate 16.98 and 31.2 percentage points, Comprehensive c.m reach 43.99%, higher than gross margin plates 23.01 percentage points.

We think 11 years in textile and apparel export growth will be more 10 years have apparent, expected annual export growth in 10%.

Along with the residents' income, as well as increasing cost of ascension to promote product prices, clothing sale in domestic market is expected to remain above 20% growth.

We think 11 years of cotton prices in the current price level will continue to fall, yarn, cloth, etc. Product prices will also be a decline. Manufacturing enterprise will appear use high material to produce low-price products, a decline in margins, hard to avoid brand clothing enterprise easily by increasing prices will cost increases out, and can maintain product sales and profitability is changeless, inflation will often bring about sales revenue and profit faster growth.

Source "of Chinese textile net"

Editor: lara