Textile Exports Still Face Challenges

In the third quarter of 2012, Quanzhou exit inspection and Quarantine Bureau Shishi office inspected exports. Spin clothing The 6010 batch, $284 million, batch and value increased by 24.6% and 8.8% respectively. Among them, export apparel 5782 batches, 274 million US dollars, batches and goods value increased 25.2% and 8.9% compared to the same period last year; export textile fabrics 223 batches, 8 million 566 thousand US dollars, batches and goods value increased 9.8% and -4.0% compared with the same period last year.

Since 2012, external demand has been weakened, domestic demand has slowed down, and domestic and foreign cotton prices have been widening. textile industry The growth rate slowed down since last year, and the efficiency has declined. Some OEM SMEs are more difficult. According to statistics, in the first 8 months of this year, China's total exports of clothing were 99 billion 480 million US dollars, down 0.7%, and textile exports 62 billion 510 million US dollars, down 0.7%, showing a rare double drop. Industry analysts believe that the main reason for the decline in textile and garment export trends comes from two aspects: one is the rising cost of raw materials, land, labor and exchange rate; the other is the decline in external demand. "In the past 5 years, the total cost of textile and garment enterprises has increased by 100%, but the terminal price has not been raised." Mr. Guo, who has been engaged in foreign trade business for a long time, told reporters that this year is the most difficult year for him to work. Now that inventory has accounted for 1/3 of annual sales, profits decline is positive.

From the above data, we can see that the export batch and the value of goods are increasing. According to the analysis of relevant officials of Shishi Office of Quanzhou entry exit inspection and Quarantine Bureau, the growth of demand in emerging economies, the relative stability of the RMB exchange rate and the measures taken by the Chinese government to promote foreign trade are the main reasons for the rebound in foreign trade.

Since the second half of this year, demand for emerging economies has shown steady growth, such as those in South America, Australia, Russia and ASEAN. According to customs statistics, in September 2012, China exported about 25 billion 126 million US dollars in textile and clothing, an increase of 9.33% over the same period last year, an increase of 12.68 percentage points, an increase of 2.14% in the ring ratio and a 0.83 percentage point increase in the growth rate. Exports of textile yarns, fabrics and products were US $8 billion 541 million, an increase of 7.47% over the same period last year, an increase of 11.31 percentage points, an increase of 6.21% in the ring ratio and an increase of 5.71 percentage points in the growth rate. Export garments And clothing accessories $16 billion 584 million, an increase of 10.32% over the same period, an increase of 13.42 percentage points, an increase of 0.16% in the ring, an increase of 4.06 percentage points.

"Because of the continued appreciation of the renminbi in the past, exporters have paid a price for the exchange rate reform of the country. Now the depreciation of the renminbi will increase their profit margins and enhance their competitiveness in the global market." Insiders explained that if the renminbi depreciated, then the purchasing power of foreign currencies would be strong, so that a certain amount of foreign currency would be able to buy more domestic products, which means that the prices of domestic products in the international market were relatively cheap, thereby increasing exports; on the other hand, the depreciation of the renminbi and the high price of foreign goods would inevitably reduce imports. Therefore, the result of RMB devaluation is to expand exports, inhibit imports, increase trade surplus and promote economic development.

Moreover, in order to support the development of foreign trade, the State Council passed the "opinions on promoting the steady growth of foreign trade" last month, and identified eight policy measures to speed up the export tax rebate and improve trade facilitation. We should further reduce the statutory inspection and quarantine list and exempt the inspection and quarantine fees for all statutory inspection and quarantine Products in the four quarter of 2012. State related measures will give enterprises the most effective support on the capital side to help enterprises lighten their burden and tide over difficulties. At the same time, the Quanzhou Shishi Office of the entry exit inspection and Quarantine Bureau has accelerated the implementation of the new mode of "inspection and release", "quick trial of the machine trial" and "system release", vigorously implementing the electronic supervision and rapid nuclear release, improving the efficiency of customs clearance, and reducing the cost of customs clearance.

In addition, analysts believe that the signals released in September will help stabilize foreign trade. But a comprehensive analysis shows that in the coming months and early next year, China's foreign trade will still face a grim situation and show a low growth trend.