This Year Textile Enterprises Above Designated Size Run Two Digit Growth Indicators.

China

Wang Tiankai, 10, analyzed at the China Textile Roundtable forum that the development of China's textile industry will be tighter in the light of the environment, especially in the first half of the year.

On the one hand, the European debt crisis continues and the world economic recovery is weak, which will have a significant negative impact on consumption.

International market demand is expected to remain weak, textile export enterprises are facing insufficient demand, competitive pressures and trade frictions will become more prominent.

On the other hand, in the case of price fluctuation of raw materials, labor force and other factors, and the financing environment of SMEs has not yet been substantially improved, textile industry will face greater difficulties as a competitive industry.

Nevertheless, Wang Tiankai still stressed that textile and clothing as a basic necessities of life, also determines that domestic and foreign market demand will not shrink significantly, especially in China's domestic demand market fundamentals have not fundamentally changed, urban and rural residents' income growth will remain no less than the speed of economic growth, all kinds of policies to improve people's livelihood and expand domestic demand will also continue to implement.

With the gradual easing of inflation pressure, the domestic demand for textile and clothing is steadily expanding, and continues to be the primary support for the development of textile industry.

At the same time, we should see that although the international market competition is more intense, the mature and complete industrial system of China's textile industry has formed a competitive advantage, and the quality and market share still have obvious international.