Before July Zero Growth, China'S Textile Industry Encountered The Most Difficult Situation.

Xia Lingmin, vice president of China Textile Industry Federation, has been in China in 2011-2012.

According to the press conference on the top 500 list of enterprise competitiveness, the export of Chinese textile industry has faced the most difficult situation in the past three years due to the global economic weakness.

"The export of textile and garment industry from 1 to July this year is almost zero growth compared with the same period last year, which is rare in recent years."

Xia Lingmin said that the negative growth occurred in August this year. Only 2009, it was affected by the financial crisis, which had a year-on-year decline. In 2010 and 2011, it maintained a 10 to 20 percentage point increase.

China in the first half of this year

The industry has continued the slowdown in economic growth since last year, and the growth rate of major economic indicators such as production, exports and investment has continued to slow down and the efficiency has declined.

Regarding the evaluation data of the top 500 competitiveness of China's textile and garment enterprises, Xia Lingmin pointed out that, affected by the adverse factors such as the financial crisis, the competitive advantage enterprises also encountered some difficulties and challenges. For example, the average profit margin of the 500 strong enterprises is lower than that of the previous session. Meanwhile, the total assets contribution index of these enterprises in 2011 also declined.

Xia Ling min analysis pointed out that in recent years, China's textile industry is facing severe internal and external challenges. The weakening of the world economy and the European debt crisis have affected international demand. Meanwhile, the domestic economic downward pressure has increased, and the growth of domestic demand market has begun to slow down. Coupled with the obvious fluctuations in the prices of textile raw materials, the domestic and foreign cotton price inversion problems have been highlighted. The cost of labor and energy has continued to rise, the efficiency of enterprises has declined, the number of loss making enterprises has increased, and many entrepreneurs have not enough confidence and are confused about the future.

However, not all foreign market demand is not strong.

According to Xia Lingmin, China's export to Europe and the United States declines significantly by region, but to Africa and ASEAN.

This year, it has maintained more than 15% growth.