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China Textile Association Held The First Three Quarters Of The Textile Economic Operation Analysis Meeting

2010/10/28 9:25:00 39

China Textile Association Textile Economy

In October 27, 2010,

China Textile Industry Association

The textile economic operation analysis meeting was held in the first three quarters of 2010.

Leaders of the association, heads of various trade associations, heads of relevant functional departments and relevant personnel attended the meeting.

At the meeting, the analysts from the Ministry of industry and statistics of the China Textile Industry Association introduced the basic situation of the textile industry in the first three quarters of 2010, analyzed the factors affecting the operation of the textile industry, and predicted and predicted the economic trend of China's textile industry.

It is reported that in the first three quarters of 2010, China

Textile industry

Steady recovery, development gradually better.

Enterprise profit rate

Step up.

Industry production and marketing convergence is good, but the industry chain to the terminal pmission performance is weak.

Output value, output and domestic sales growth showed a "V" recovery trend; investment rebounded steadily; domestic sales continued to grow; market consumer confidence gradually increased; industry profit growth gradually increased.

The export environment is better, the total export volume is rising gradually, exports to the US and Europe are gratifying, and the export growth of the developing economies is obviously faster than that of the developed economies.

Sun Huaibin, director of the Ministry of industry of the China Textile Industry Association, said that the situation is quite complicated this year when he talked about the economic trend of the textile industry in the first three quarters.

On the international side, although the international economic environment has improved since 2009, the impact of the financial crisis on the industry has not been eliminated. The unemployment rate in the main developed countries is still high, the consumer market has not fundamentally improved, the support power of consumer credit is still very weak, and the recent "currency war" heated up by various factors has made China's textile industry still face greater risks. In China, the macroeconomic situation in China slowed down in 2010.

The soaring prices of raw materials, the accelerated pace of RMB appreciation, and the announcement of interest rate increase by the central bank will have a constraint on the development of the textile industry.