| Customs Department has released the first quarter | | | | decline in apparel export growth, which indicates that |
| of this year, China's foreign trade imports and | | | | foreign textile industry gradually began to slowly |
| exports. According to customs statistics, from | | | | turning the corner. |
| January to March, China's import and export value of | | | | After the financial crisis, due to the rapid decline in |
| 617.85 billion U.S. dollars, up 44.1% over the same | | | | the demand for high-end apparel, textiles have |
| period last year. 316,170,000,000 U.S. dollars of | | | | caused decline in growth rate declined greater than |
| exports, up 28.7%; imports 301,680,000,000 U.S. | | | | the extent clothing. At present, the textile apparel |
| dollars, up 64.6%; trade surplus for the | | | | exports grew faster than the growth rate, this |
| 14,490,000,000 U.S. dollars, 76.7% reduction. | | | | situation has been going on for 6 months, and |
| According to the Customs Department in March 2010 | | | | entered the 2010 textile exports reached 15.207 billion |
| provided by the national key export commodities for | | | | U.S. dollars, more than 2008 levels over the same |
| money were collected and analyzed and found that | | | | period in 2008 compared to 14.614 billion U.S. dollars, |
| the biggest increase year on year export amount of | | | | net of price and other factors, textile exports have |
| industry are machinery, textiles, garments, home | | | | recovered to 2008 levels. This shows that with the |
| appliances, steel and other four sectors. | | | | international demand, especially in Europe and the |
| Export data: the first quarter of 2010, China's total | | | | United States began to turn for the better, the global |
| textile and apparel exports 39.246 billion U.S. dollars, | | | | textile industry operating rates further pick-up boom |
| up 15.20%. Among them, total textile exports 15.207 | | | | of the global textile industry continued upward trend. |
| billion U.S. dollars, total apparel exports 24.039 billion | | | | Market participants believe that, with the second half |
| U.S. dollars, the growth rate was 26.54% and 9.03%, | | | | of 2009 to the raw material prices, business |
| continuing an upward trend in export value, and more | | | | inventories of raw materials essential depleted, higher |
| than 2008 years ago. Textile, apparel exports in | | | | raw material costs will encourage manufacturers to |
| March year on year growth rate was 6.68% and | | | | further price hikes, transfer of raw material cost |
| -19.86%, while in March the previous month, exports | | | | pressures. Future orders for the domestic textile and |
| growth rate of aggregate growth in February | | | | garment export prices will further increase. In the |
| compared to a larger degree of decline. | | | | case of volume and price go up, the domestic textile |
| Industry Status: The second half of 2008, by the | | | | and garment export value will continue to grow the |
| financial crisis since the 9 months, textile, garment | | | | state would not rule out economic recovery if |
| export growth to a "crossover" phenomenon, that is, | | | | Europe and the United States exceeded expectations |
| textile export growth decline was started from | | | | throughout the year textile and garment export |
| October 2008 more than clothing decline in export | | | | growth is likely more than 10% of market |
| growth. From the September 2009 start, textile | | | | expectations. |
| export growth rate began to decline less than the | | | | |