Indonesia'S Textile, Leather, Footwear And Diversified Industries Grew By 6.3%.

The textile industry is one of the most important industries in the future. The growth rate of textiles, leather, footwear and diversified industries should reach 6.3%, and contribute 2.43% to GDP.

Mudori, director of the textile, leather, footwear and multi Industry Department of Indonesia's Ministry of industry, said at a press conference in April 14th that the textile industry is one of the most important industries in the future. So in 2016, the government set targets for textiles and Muhdori.

The growth rate of footwear and diversified industries should reach 6.3%, and contribute 2.43% to GDP.

Mudori said: "the textile industry will continue to be strong, because it belongs to the labor intensive industry, and has become the" social safety net "which supports the public's income. In addition, it has made the greatest contribution in absorbing labor force.

He revealed that the textile industry is in the whole country.

Ranked third, the absorption of labor reached 2 million 790 thousand, of which 70% of the products to meet the domestic market demand for clothing.

He said that during the 2015, the textile industry had contributed 1.22% to GDP and the export surplus amounted to about US $4 billion 310 million, and the total value of textile exports amounted to US $12 billion 280 million, or accounted for 8.17% of the total export value of the country.

He added that the textile industry contributed greatly to the country's foreign exchange, as well as last year's.

The total investment amounted to 573 trillion shield, an increase of 16.9% over 2014.

According to records, foreign investment in the textile industry contributed 5.05% and domestic investment contributed 3.07%.

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Reporters learned from the China Leather Industry Association that in 2015, the export of leather and its products decreased for the first time in 2010 compared with the first time since 2010.

Data show that in 2015, China's leather, fur and products and footwear industry exported 86 billion 130 million US dollars, down 3.1% compared to the same period last year.

Among them, the footwear industry, which accounted for 59.4% of exports, decreased by 5.1% compared with the same period last year, while the growth rate was 11.8% in the same period in 2014.

The five provinces in Guangdong, Zhejiang, Fujian, Jiangsu and Shandong accounted for 80% of the total export volume of the industry, and the average growth rate dropped from 4.9% in 2014 to 0.8%.

From the export target market, the top five export markets of China's leather, fur and products and footwear industry in 2015 were the United States, the European Union, ASEAN, Japan and China, which accounted for 64.3% of the total. Among them, exports to the United States and ASEAN increased by 5.6% and 8.7% respectively, and the pulling effect was obvious. Exports to the EU, Japan and Hongkong decreased by 4.1%, 6.3% and 9.7%, respectively.

In 2015, China's exports of leather, fur and products and footwear industry from the BRIC export point of view, only exports to India increased by 11.5%, to Russia, South Africa, Brazil and other markets have varying degrees of decline, down 33.2%, 5.2% and 16.1%, respectively.

In 2015, China's leather, fur and products and footwear industry imports amounted to US $9 billion 570 million, an increase of 2.1% over the same period last year, and the growth rate dropped 8.6 percentage points.

Affected by the drop in demand, the growth rate of semi-finished leather and finished leather, which accounted for 46% of the total imports, fell from 15.7% and 3.9% in 2014 to 5.4% and 9.6% respectively.

In 2015, the differentiation of trade import structure was more obvious. On the one hand, the import of raw materials dropped by 5.2%, on the other hand, the finished goods showed a 11.2% growth, accounting for 48.2%, and the import and consumption orientation of products was more obvious.

In 2015, the top three of China's leather, fur and products and footwear industry were imported from the European Union, ASEAN and Brazil. The growth of imports was mainly dependent on ASEAN, and imports from ASEAN accounted for 2 billion 320 million, accounting for 24.2%, up 43.9% from the same period last year. Imports from the EU and Brazil decreased by 6.6% and 13.3% respectively.

Judging from the economic operation of the industry in early 2016, the data are not optimistic and the prospects are uncertain.

China's leather industry exports 1~2 US $12 billion 290 million this year, down 21.1% from the same period last year, and imports of US $1 billion 210 million, down 10.2% compared to the same period last year.

Ye Xiangju, deputy secretary-general of the China Leather Association, said that apart from the lack of industry innovation ability, weak brand and weak channel control power, it is in the middle and low end of the global industrial chain itself. It is also faced with the development constraints such as the weak market demand growth, the weakening of the domestic low cost competitive advantage, the failure of the element driven mode, the pfer of industry to Southeast Asia and Africa, and the close load of resources and environment.

It is expected that there will be more uncertainties in the export of leather industry in China in 2016. On the one hand, we should look at the trend of global economy. On the other hand, we should also look at the support of China's fiscal policy.