Three possible trends for the future development of China's textile industry

2017-08-01 00:00

According to the development situation of domestic and foreign import and export situation in 2016 China textile industry, the development of the textile industry China may exist three major trends in the future, the domestic textile industry enterprises need to recognize China current and future years the domestic situation and the international situation, in my opinion, the situation may not be too optimistic, and analysis. Cotton (13900, 5, 0.04%) supplies heavy "cotton" light "cotton" trend from cotton resources supply situation in 2016, vigorously promote national cotton reserves, cotton estate to enter the market, such as the United States and foreign cotton cotton, cotton, Australian cotton India imports were limited. On the one hand, because these cotton can meet the domestic textile enterprises to produce cotton varieties, limited quality, Chinese enterprises mainly import C/A, EMOT, SJV and other varieties of high-quality, high-grade cotton. In addition, the US led several major league trade restrictions on U.S. Chinese, give priority to the import of American cotton signatories, respectively, Pakistan, Turkey, Vietnam, Indonesia, Mexico and other countries signatory. (for the rest of their cotton, even small series are not worth mentioning) as one of the main resources of India cotton import China, but because Pakistan needs to crazy India cotton, making India cotton prices soaring, is not cost-effective for Chinese textile enterprises cost.

From the 2016 national cotton market, cotton resources is still relatively tight, all produced cotton for sale, some exports will be weak. Fortunately, from the perspective of cotton spinning, high-quality cotton + Cotton + Cotton Storage estate can completely meet with demand mills, cotton planting area increased greatly, the domestic textile factory for Australian cotton, American cotton on a further decline. If the Chinese of foreign trade barriers still exist or expand, Chinese likely homegrown in cotton. At present, there are industry experts aware of the problem of cotton production, cotton fine seed research and development production has been put on the agenda, for domestic textile enterprises with cotton demand, the government will give strong support, to do a good job backing.

Cotton textile exports may be more severe in 2016 /2017 year, Chinese textile and garment enterprises encounter in Europe and America, Southeast Asia, Central Asia and other countries "encircle and suppress" the situation is more severe, the customs statistics, in July China's export products grew by only 2.16%, an increase of 0.17%, plus the exchange rate volatility, the Fed rate hike, deflation. The uncertain factors, high count yarn, high-density fabric and garment exports is not optimistic. According to the international political situation, the relationship between China and the United States and other developed countries is not stable enough. The United States tries to draw on other countries and set up obstacles to economic development in china. The United States, Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, 12 countries signed the TPP agreement in the New Zealand city of Oakland in the first half of this year. The 12 countries added up to 40% of the global economy, exceeding the European Union, and seriously affected the development of China's textile industry's foreign trade. The textile industry may make structural adjustments according to customs statistics, from September 2015 to July 2016, China's total imports of cotton 890 thousand tons, down 700 thousand tons, a decrease of 44%; from January 2016 to July 2016 total imports of cotton 525 thousand tons, down 527 thousand tons, a decrease of 51%. China imports substantially "diving", many large and medium-sized enterprises and foreign imports of Qingdao, Zhangjiagang and Guangzhou by surprise, and many other small trading companies and middlemen have to switch to do the import yarn, chemical fiber or closed shop transfer, the hope or are engaged in the textile industry enterprises posed a severe test, enterprises increased instability the risk of cooperation, not conducive to the healthy development of the textile industry. The relationship between international China and the world seriously affects the domestic textile industry's nerves, if Chinese can gain a greater voice in international trade, the stability and development of the domestic textile industry will have great benefits, whether the G20 summit in Hangzhou can progress on trade issues, the results of great concern.

In conclusion, the future development of China textile industry is faced with many difficulties, the situation is not too optimistic, but also need not be too pessimistic, believe the ability of the state and the government, will help the development of the textile industry and textile industry, make good business enterprises, enterprises should always concern the national policy market timely adjustment. (source: cotton net)