According to the global business information company textile information of the 154th issue British international textile prospect reports, although China textile clothing industry suffered a series of challenges, but China textile clothing industry will continue to grow, and its competitors will be for retail buyers orders fell and frustration.
Although China's textile industry will face rising costs, an ageing population and labor shortage in some areas, but in 2011 China textile industry is still playing well.
In January 2011-11 months, China's textile industry business revenue and profit year-on-year growth of 27%, respectively, its gross industrial output value year-on-year growth of 11%. But, these figures are still some disappointing, because in this period, profit growth in the first half is reduced by 14.7%.
Western retailers worry about Christmas and the holidays demand after the downturn, reduce the 2012 spring/summer season orders, so the second half of 2011 Asian some other textile industry sales decline.
In July 2011-12 month period, the rupee more than 15% against the dollar, is considered as the "worst performance Asian currency", to India garment industry to provide a chance to improve competitiveness, but India clothing exporters failed to seize opportunities, failed to increase sales.
Even Bangladesh in recent years investment and exports surged in the 2011/12 fiscal year clothing industry head 4 months also report export landslide.
In the 2011/12 fiscal year year-round, Pakistan clothing exports fell 30%, some products report export decreased by 50%.
As western nervous, close to the world's two main market (the European Union and the United States) suppliers to be the beneficiaries. In addition, Nike and adidas has recently announced plans to increase production in South America. However, they did not want to replace the production in China, in general, Asia is to supply, expand production is South Africa as a kind of supplies.
If there have been more recent shift away from home, so the evidence is not enough. In by the year 2011 to 31 October 12 month period, the United States from the United States-Central America-the Dominican republic free trade agreement (CAFTA-DR) members of the imports increased by just 2.6%. Admittedly, during which imports from China to reduce 3.0%, but it is not a change in attitudes.
See investment figures, it is difficult to foresee production when massive shift in there. In fact, in 2010, China textile import weaving machine hit a record high, China's textile industry is still so far the largest investors.
In particular, in 2010 China's industrial accounting for 84% of the global shuttleless weaving shipments, Asia as a whole 97% of overwhelming. Circular knitting machinery delivery situation, China accounted for 77% of the global shipments, Asia accounted for 92%. Electronic flat knitting machinery delivery situation, China accounted for 74% of the global shipments, Asia accounted for 94%.
In addition, despite rising costs, demand is abate, money supply is restricted, technical updating the shortage of capital, but China's textile industry expected in 2012 with the same pace, or even more than the international trade growth.
Source "the Chinese textile nets"
Author: CaoHaiGong editor: Ashcol