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    China'S Textile Industry Will Continue To Show A Steady Upward Trend This Year.

    2010/8/10 19:53:00 54

    Textile Industry Economy

      China in the second half of this year Textile industry Will continue to show a steady upward trend, production, sales, exports and investment will achieve stable growth. However, due to the existence of a series of uncertain factors, the industry may show a trend of "high before and after low" throughout the year, but the growth rate of the industry will slow down in the second half of the year.


    5, reporters learned from China Textile Industry Association that in the first half of this year, most indicators of China's textile industry achieved a two digit growth. In the first 6 months, the total industrial output value of the whole industry increased by 25.45% compared to the same period last year, and the sales output value increased by 25.94%.


    According to analysis, in the second half of the year, from the international market, the trend of global economic recovery is already obvious. It is expected that the second half of the year will continue to pick up, but it will be affected by the restrictive factors such as sovereign debt crisis. Economic recovery The situation will slow down. Affected by this, the export of textile industry will continue to rise in the second half of the year, but the growth rate will fall from the first half of the year, showing a trend of "before and after the high."


    Just domestic market In view of the continued rapid economic growth, the decline in CPI growth and the support of fiscal policy, domestic demand is expected to continue to grow. However, there are some uncertainties in the domestic demand market in the second half of this year, due to the impact of credit, industrial restructuring, real estate regulation and other policies on investment.


    The China Textile Industry Association believes that the development of China's textile industry will face some pressure under the influence of currency and exchange rate policy and the rising prices of production factors such as raw materials, fuel power and labor wages.

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