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China's textile industry restructuring and rejuvenation program will help to stabilize the international market share

The plan proposes to increase the taxation of financial support. The textile and garment export tax rebate from 14% to 15% better on the fundamentals

By: echo
proposes to increase the taxation of financial support. The textile and garment export tax rebate from 14% to 15% better on the fundamentals, but temporary financial difficulties of the business operations and provide credit support.

    "2008 Chinese textile clothing export tax rebate rate increase of 3 points on the declining trend in exports effectively suppressed. Exporter low-profit business, loss of business re-export a point of export tax rebates, may not be lost." Xu Kun Yuan said, the Pratt & Whitney policies conducive to export promotion, will direct "rescue" a large number of SMEs.

    The plan called for strengthening the technical transformation and self-branding. The establishment of new central government investment in specific, focusing on spinning, weaving, dyeing and chemical fiber industry, technological progress, promoting the industrialization of high-tech fibers, textiles and equipment to improve the level of autonomy, foster the autonomy of international influence with well-known brand.

    Xu Kun Yuan said the global economic crisis will reduce the total demand for textiles and apparel, which is very unfavorable to China's exports. However, by increasing the value-added products, adjust product structure, the international share of Chinese textile products can continue to improve.

    According to the China General Administration of Customs released the latest statistics, China's textile and apparel the year 2008, total exports 185.16 billion U.S. dollars, up 8.1% year on year growth rate down 10.9 percentage points.

    Although in 2008 the Chinese textile and garment export growth is easing, but a long time, the international market for high quality, cheap, poor quality of Chinese textile and apparel products is highly recognized in China textile products in the international market share of services has not decreased. In the United States, 2008, China's textile exports to the U.S. growth rate services have fallen sharply, but the share has increased by 1%.

    Since the financial crisis, prices become very sensitive in the export factor. The international market, a considerable decrease in high-end branded products, and the popular consumer goods continued to rise.

    China Textile Industry Association, Sun Rui Zhe, vice president of the view that the consumption structure change to the low end, low-cost supplier in the sales growth will be the winner. "Chinese enterprises should promptly follow, respond to a change."

    Textile industry restructuring and rejuvenation program also proposed to optimize the regional distribution. Eastern coastal areas to focus on the development of high technology, high added value, low resource consumption of textile products. To promote and guide the textile and garment processing enterprises transferred to the central and western regions, Xinjiang Construction quality of cotton yarn, cotton and cotton textile production base.

    Upgrading and gradually shift comparative advantages comparative advantages of China's two major trends continue and increase. China currently has 1.32 billion people, urban and rural differences, regional differences, productivity differences will be a long process of urbanization is still very long, a large number of rural surplus labor force in the decision of the textile industry, textile industry will continue to play the role of comparative advantage.

    "China's national conditions, the comparative advantage gradually shift to other countries unparalleled huge space to the domestic labor-intensive processing is less developed regions, the formation of regional industrial chain, while maintaining the international competitiveness, but also stimulate the the development of underdeveloped areas. "China Textile Industry Association Du said.

    Last year the China textile export quota-free era. After 30 years development, the national textile industry cluster in more than 140 specialized division of labor achieved, the Chinese textile industry's technical equipment, product development, particularly for the industry standard package of any country can be replaced.

    Xu Kun Yuan said, in this plan, the next three years, the Chinese textile industry want to achieve three goals: to maintain the export growth rate of 8%, 13% of the textile industry to maintain production growth rate, the domestic market, consumption of clothing to maintain 20% growth. "If these three objectives can be achieved, China will add 2 million jobs."

I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as silicone injection , cable sleeving.









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