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Ministry Of Commerce And Industry: China'S Textile And Apparel Trade Is Still Facing Many Challenges.

2010/11/3 9:36:00 55

November 1st, in the 108th session of the Ministry of Commerce

Canton Fair

Huang Yuefeng, director of the textiles Department of the Ministry of foreign trade of the Ministry of Commerce, stressed the "2010 China International Textile and clothing trade development forum".

Trade

The development still faces many challenges.

Judging from the international market, the deep impact of the international financial crisis has not yet completely withdrawn, and the prospects for world economic recovery remain uncertain.

Under this influence, the consumption demand of developed countries has obviously contracted, and the consumption structure has tilted to the middle and low end.

From China's own situation, as China gradually entered the ranks of middle-income countries, labor costs and other factors continue to rise, the traditional comparative advantage is facing severe challenges, and accelerating the pformation of trade development mode is a very arduous task.

Huang Yuefeng said that the foreign trade division of the Ministry of Commerce will, in accordance with the requirements of the "12th Five-Year plan", take independent innovation as the core, and research and development.

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And focus on marketing channels, and encourage textile and garment export enterprises to upgrade to both ends of the industry smile curve.

On the one hand, we should accelerate the construction of the public service platform system for foreign trade and effectively enhance the quality and level of China's foreign trade development.

On the other hand, we should speed up the pformation of Chinese manufacturing from "processing and manufacturing" to "designing and manufacturing", and guide the powerful foreign trade enterprises to extend the industrial chain to the more high-end industrial design chain and the laying of sales channels at home and abroad at the later stage.

According to customs statistics, the total value of China's imports and exports reached 2 trillion and 148 billion 680 million US dollars from 1 to September this year, an increase of 37.9% over the same period last year.

Over the same period, the total foreign trade volume of textile and apparel reached US $164 billion 410 million, an increase of 22.75% over the same period last year.

Of which, exports amounted to 149 billion 810 million US dollars, up 23.1% over the same period last year.