China'S Textile Export Growth Is Expected To Be 10% In 2014.

< p > 2013, China's textile and apparel exports achieved stable and relatively fast growth as a whole.

Customs data show that China's textile and apparel exports last year, US $283 billion 990 million, an increase of 11.4% over 2012, of which 106 billion 940 million US dollars in textile exports, an increase of 11.7%, and clothing exports 177 billion 50 million US dollars, an increase of 11.3%.

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< p > China Textile > a href= "//www.sjfzxm.com/news/index_c.asp" > Import and Export Chamber of Commerce < /a > Hui Changhui said that the chamber of Commerce has reported to the Ministry of commerce the 8% annual growth target for textile exports in 2014, but its industry export growth is expected to reach about 10% year-on-year.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > textile industry < /a > senior analyst Wang Qian said that the growth of textile and clothing exports this year is expected to remain at around 10%.

He pointed out that textile and clothing exports were recovering during the past year. It is expected that this year the situation will be more stable. On the one hand, China will start the pilot project of cotton target price subsidies in Xinjiang this year. Xinjiang began to pilot cotton farmers' direct subsidy, thus replacing the previous cotton temporary purchasing and storage policy. The difference between domestic and foreign cotton is expected to be narrowed from the current 5000~6000 yuan / tonne, and the situation that domestic enterprises will directly lose on the starting line of raw materials will be changed. On the other hand, the European and American markets will continue to move towards the right direction, and orders will continue to warm up.

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< p > Hangzhou light industry technology < a href= "//www.sjfzxm.com/news/index_c.asp" > textile > /a > Import and Export Co., Ltd. Lin Yan, manager of cotton textile department, said that customers are very sensitive to price, and the price of orders is generally low. Some small factories in China have closed down due to insufficient orders and low prices. It is expected that after the Spring Festival, there will be a number of small and medium factories closed down, and low and medium end textile and garment enterprises are being phased out.

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"P >" at present, compared with Southeast Asian textile and apparel counterparts, the advantages of domestic textile and garment enterprises lie in good service and punctual delivery. In terms of product quality, many factories in Southeast Asia have been catching up.

Because of the loss of competitive advantage in terms of raw materials and labor costs, we are generally higher than our counterparts in Southeast Asia in terms of quotations. Therefore, we only need to constantly upgrade and upgrade, design and launch new models and new materials to catch orders.

Lin Yan said the industry generally expects cotton prices to drop after the Spring Festival, which will help ease the cost of textile and clothing materials.

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< p > in recent years, Southeast Asian textile enterprises have shunted part of international orders from China through production cost advantages.

Vietnam has gradually become a strong competitor in China's textile and garment industry, and its textile and garment export growth has surpassed that of China.

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In 2013, Vietnam's textile and clothing exports increased by 19% over the same period last year, the first time to exceed 20 billion US dollars. The industry is currently Vietnam's main foreign exchange earning industry, and some enterprises with strong development momentum have emerged in P.

Vietnam's National Textiles and clothing group (Vinatex) exported $2 billion 900 million last year, an increase of 12% over the same period last year.

Vinatex group has 120 subsidiaries and joint ventures.

The group plans to invest $104 million in the first quarter of 2014 to build new textile and garment factories.

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