Issued by the national development and reform commission yesterday, the report said the current textile industrial production, investment, exports and other major indexes in early and compared the situation has been slowing growth. Looking to the future, although domestic market are still expected to continue to realize the stable growth in the second half, but is expected to textile industrial main economic index growth will slow further.

The data shows, 1 ~ 5 months, textile industrial enterprises above designated size realize gross industrial output value 1.99 trillion yuan, a year-on-year increase of 30.15%. Output growth down a month after month trend, the 1 ~ 5 month is 1 ~ 2 months, 1 ~ 3 months, and 1 ~ 4 months were down 1.8, 1.45 and 0.4%.

The report points out that, in general, the current textile enterprises face the "labor shortage", "waste", "the financing shortage" and the high cost of "high" SanHuang a dilemma. Due to material price fluctuations, labor costs promotion and the continued appreciation in the yuan, market demand growth slow, plus credit-tightening, electric power nervous and other factors, small miniature textile clothing enterprise impact is large, continued to pressure increase, good the situation facing the industry is serious.

Source "the Chinese textile nets"

Edit: Emma