In 2010, China's Textile And Apparel Exports Amounted To 206 Billion 500 Million US Dollars &Nbsp, A Record High.

according to

In December, exports of textiles and clothing were US $19 billion 915 million, an increase of 4.72%, of which 7 billion 372 million US dollars in textile exports, 4.22% in the chain, and 12 billion 543 million US dollars in clothing and accessories.

According to the preliminary estimate of China Textile Industry Association, 2010

Wang Qian, chief analyst of the first textile network, said that the growth of China's textile and clothing exports has been in steady growth since the beginning of 2010.

If we exclude exchange rate factors in Renminbi, China's textile exports have reached the highest level since the reform.

The main reason for the rapid growth of textile and garment exports is the gradual recovery of the international market and the increase in demand for replenishment by purchasers. Meanwhile, structural adjustment and industrial upgrading are also being gradually promoted.

However, the industry faced some adverse effects in 2010.

According to Wang Qianjin, the average domestic labor cost increased by 20%-40% in 2010, and the prices of production factors such as raw materials and auxiliary materials increased by 30%-100%. After the two exchange rate reform, the RMB appreciated by nearly 3%.

The sharp increase in the cost of business, but the difficulty in raising export prices, has been beginning to be reduced by some European and American customers because of more than 20% of the increase in foreign prices. Some of the low-end goods tend to buy from Southeast Asia.

Wang also predicted that the average annual growth rate of China's textile exports will remain at 5%-8% during the "12th Five-Year" period, and the export volume of textile and clothing will reach 2500-2800 billion by 2015.

Among them, value growth will become one of the important engines to stimulate the growth of China's textile exports.