There Are No Signs Of Improvement In Jiangsu'S Textile Sales Situation.

At the local level, the first Textile Expo held in Jiangsu (Shengze) was successfully held.

The three day exhibition attracted more than 3 textile and apparel buyers from all over the world to search for business opportunities. For the two sides, more than 1000 orders of intent have been reached, and the number of fabrics to be traded is over 30 million meters, and the turnover volume is over 150 million yuan.

In the China International fabric design competition sponsored by the China Federation of textile industry, Wujiang has a total of 168 fabrics finalists for China's popular fabrics.

Of the 168 award-winning fabrics, 166 were selected from Shengze textile enterprises, reflecting the strong R & D strength of Shengze textile enterprises.

But the president of Wujiang Silk Association

It seems that since the second half of 2012, the textile industry in Shengze has been in the process of deep adjustment. "This year's market is not good, it is not prosperous and has many difficulties."

Cai Xuexiong's statement was supported by data from the China Eastern Silk Market Management Committee: in the first three quarters of this year, sales of fabrics in Shengze's textile industry dropped by 12% over the same period last year.

Since the beginning of this year, sales of textile fabrics have shown no signs of improvement.

In the evening of October 22nd, Zhao Juguan, the deputy director of the Wujiang high tech Zone Management Committee and the director of the China Eastern Silk Market Management Committee, was interviewed by our reporter.

In Zhao Ju's view, the present Shengze.

One of the reasons for the plight is "overcapacity."

According to incomplete statistics from the District Commission, there are 280 thousand looms in Wujiang now, and the capacity is 28 billion meters per year, accounting for 1/3 of the total output of the country.

Among them, Shengze has occupied more than 60% of the total capacity of Wujiang's textile industry.

No matter from which point of view, "too much volume" is almost a consensus among the parties.

It is considered that Shengze textile industry must be viewed from the perspective of "world market". "From the world perspective, the textile industry is gradually shifting to some Southeast Asian countries, and the amount of ASEAN is also going up."

Because ASEAN countries sell textiles to Europe and the United States and have nothing to do with tax barriers, coupled with low labor costs and low energy costs, their products are highly competitive.

Due to the diversification of trade means, Wujiang's fabric exports increased by 9% from 1 to September this year, but the domestic market was in a doldrums.

However, the 9% increase in exports does not mean that the international market has fully recovered. The recovery of the US economy is tortuous. The European Union, on the whole, has not gone out of the recession except a few countries such as Germany.

The two or three year downturn in Shengze's textile industry can be traced back to the international financial crisis that broke out in 2008.

When the international market replenishing supplies in 2009, Shengze's textile industry had an illusion that it was the massive recovery of the market and the "golden age" of the textile industry. Shengze's textile production capacity increased sharply.

However, since the second half of 2012, the continuous downturn of the market has hurt a lot of small and medium-sized enterprises.

With the pressure of loan repayment and the continuous rise of labor costs, many enterprises are in a state of inadequate operation.

Wang Jianyun, President of Wujiang Private Economy Research Association, believes that the textile industry can not be static. The most active factors of industrial change are cost and technology.

"From these two points of view, the current situation of Shengze's textile industry is due to industrial pfer, and the other is the oversupply of medium and low-grade textile products and overcapacity."

There is no consistent conclusion as to how long the textile industry is at a low ebb tide.