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2017, the textile and garment industry is gradually improving internal and external demand

Update:02-11-2016
Summary:

From January 2016 to October, China textile and clothin […]

From January 2016 to October, China textile and clothing exports $218 billion 336 million, down 7.12%, the textile and clothing export growth of 2015 since May the cumulative negative growth, showing the export situation is not optimistic.
However, we believe that in 2016 China's textile and garment exports, the main reason for the negative growth from the two aspects. First of all, in the second half of 2015 countries to increase the level of attention to the Bureau of statistics data fraud, 2016 new Bureau statistics started to export data, this year is squeezing water caused by artificially low, this year, on the other hand, a unilateral trend of RMB, dollar denominated exports will also exchange rate distortion phenomenon due to exchange rate factors if, denominated in Renminbi, or the number of textile and clothing exports, this year's textile and clothing export situation and no data reflects the poor.
Look forward to 2017 textile and garment export market, we believe that the growth of China's textile and garment exports in 2017 is expected to be gradually active, the main reasons are as follows:
Based on the 16 National Bureau of statistics data, 2016 of export data will be in the export data of 2017,
Europe and the United States economy in the end of 2016 does appear to stabilize the situation, which may lead to a substantial increase in demand for terminal;
2016 of the depreciation of RMB 2017 after unilateral trend, the devaluation of the Renminbi or relatively limited space, dollar denominated export data due to exchange rate distortion room down caused by the devaluation of the yuan and the export of textiles and clothing vibration effect may also appear lag.

The domestic market demand, from January to October 2016, the Chinese Enterprises above the scale of clothing and footwear retail sales 1 trillion 131 billion yuan, than last year fell more than 10%, the growth rate increased by 7.2%, including textile and garment retail sales 7.5% year-on-year growth rate in October, a slight rebound.
The domestic market demand, from January to October 2016, the Chinese Enterprises above the scale of clothing and footwear retail sales 1 trillion 131 billion yuan, than last year fell more than 10%, the growth rate increased by 7.2%, including textile and garment retail sales 7.5% year-on-year growth rate in October, a slight rebound.
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Textile and garment industry is a traditional light industry in china. The textile industry refers to the fiber raw materials to finished products such as clothing and textile products, general production department; garment industry refers to the textile products processed into clothing production departments and products from the relationship between the upstream and downstream of the textile industry, garment manufacturing industry upstream industry.
Textile and garment industry 2016, the absolute rate of return of 8.69%, compared with the overall A shares, of which the absolute yield of textile manufacturing sector was more than 6.89%, better than the clothing retail sector - - 9.94%. 2017 clothing retail: focus on the following five directions:
The first is the supply chain integration, reduce intermediate links, improve efficiency;
Two consumer upgrades, consumers are more pursuit of quality, personalized structural opportunities. Among them, the supply chain integration, internal management to improve efficiency and external third party management services have great room for development. Secondly, the domestic consumption of luxury goods to complete the cyclical adjustment, from luxury light benefit first; second children will be the first to benefit from the industry, the two-child policy will be fully liberalized, promote a substantial increase in the number of newborns, the industry is expected to continue economic;
Third personalized needs boost designer brand development, build a platform for designers and consumers to solve marketing, industry pain points, huge market space;
Fourth overseas brands to expand the Chinese market for operators of power operators to provide a broad space for development;
Fifth rapid growth of cross-border electricity supplier, fiscal reform is expected to reshape the industry competition pattern of the new deal.
2017 of textile manufacturing industry: continue to focus on the devaluation of the yuan and the price of cotton, 15 years since the exchange rate reform, the RMB devaluation of more than 11%, the devaluation is expected to increase export income and improve the competitiveness of export products, export-oriented manufacturing enterprises good. By the reversal of supply and demand, the state reserve cotton reserves lower than expected impact, 16 years of domestic cotton prices rose sharply.
And storage in advance, impact on the market of national cotton reserves will be more and more small, the planting area and yield trend of supply contraction and cotton market demand in the long-term stable, long-term price of cotton is expected to steadily grow, good traditional textile enterprises.