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