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    China Textile City Quarter Turnover Increased By 3.56%

    2009/4/13 0:00:00 19

    Under the current economic pressure, the turnover of China Light Textile City in the first quarter is still higher than that of the same period last year.

    Reporters learned from the industry and Commerce Department, China Textile City in the first quarter of 8 billion 131 million yuan, an increase of 3.56%; Qian Qing China light textile raw material city traded 7 billion 194 million yuan, an increase of 6.72% over the same period.

    According to the analysis of the relevant people, there are many reasons for the rise in the turnover of the market.

    Since the outbreak of the financial crisis, the government has promulgated a series of policies and measures to support the development of the textile industry, and gradually reduced the operating costs of the market operators, especially the textile and foreign trade companies.

    In addition, the light textile city from the export to the main domestic market reaction is also very sensitive.

    In the China Textile City, Delong shemet Textile Co., through pforming itself to domestic sales, concentrating on new product development, increased R & D investment to 3% of sales revenue, ensured higher profits of products, and even robbed some "cakes" from foreign fabric manufacturers.

    It is understood that some domestic market orders have been placed in the second half of the year.

    At the same time, the development of downstream industry chain and new product development have become new engines of market turnover growth.

    Since the end of last year, the specialized market of clothing, home textiles, nonwoven products and other products in the newly established textile city has expanded and expanded the industrial chain of the market.

    In particular, the industry and commerce departments actively carry out the registration and protection of textile patterns in the market. The market operators generally invest funds to actively develop new fabrics that are marketable, so that new fabrics in the market continue to emerge, such as "protein fiber, soybean fiber, bamboo fiber" and so on, and have gradually become the main products of business households. This year, such orders have gradually increased trend than in the second half of last year.

    In the market "baptism", market operators have also changed their business philosophy, paying great attention to their own design products, proofing production, focusing on product development with independent property rights, and taking independent innovation as the main way to cultivate brands and expand the market, and have changed from original material hanging marketing to brand marketing.

    Brand marketing has become the business direction of improving product competitiveness and added value.

    However, reporters also learned that although the market turnover in the first quarter increased year by year, but the decline in market foreign trade pactions is still more obvious.

    In the textile market of China Textile City, the number of orders originally exported to Europe and the United States decreased, and the turnover of single business was also smaller. The export price and quantity of textile products still tended to decline, and exports to China's Hongkong region and the United Arab Emirates, Singapore and Panama also declined.

    Due to the large shrinkage of international demand and frequent exchange rate changes, a considerable proportion of foreign trade operators turn to domestic trade. Because of the market credit risk concerns, the two sides of the paction are more cautious in doing business.

    Editor in chief: Xu Qiyun

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