July 2010 Textiles and Garments Exports Maintain Stable Growth

In July 2010, China exported 7.159 billion U.S. dollars in textile yarns and fabrics, and exported 13.63 billion U.S. dollars in apparel and clothing accessories, which represented an increase of 1.39% and 17.5% year-on-year respectively. The growth rate of textile yarns and fabrics was basically the same as that in June, while apparel and clothing The increase in attachments has increased.

From January to July 2010, the export of textile yarns and fabrics was US$42.839 billion, an increase of 32.8%. China's export of clothing and accessories was US$66.827 billion, an increase of 17.4%;

In July, industry exports increased significantly, but in July, the growth rate of industry exports decreased by 6.8 percentage points from June, in which textile and apparel growth rates decreased by 9.34 and 4.96 percentage points, respectively. This shows that the impact of strong growth factors driving exports is 7 The month has weakened. The textile industry is still facing a variety of unfavorable factors: the low base effect caused by the previous financial crisis still exists; *** The second half of the exchange rate reform is expected to strengthen again after the revaluation; raw material prices and labor costs continue to rise and continue to squeeze export enterprises The profitability. The demand in Europe and the United States has not yet recovered, and the export of textile industry may still decline.