Domestic Demand Market Will Become An Important Support For The Development Of China'S Textile Industry

China Textile Industry Association The statistics center predicted on the 26th that the overall growth rate of China's textile industry in the second half of this year may continue to slow down. The slow downward trend of China's textile exports will continue, and the domestic demand market will become an important support for the development of the textile industry. The prominent cost pressure and tight capital environment are the prominent problems that China's textile industry needs to face.

According to the analysis of the statistics center of the China Textile Industry Association, since this year, political turmoil in some parts of the world and natural disasters in some regions have led to an increase in global trade risks. In addition, the European debt crisis is approaching the threshold again, and the problem of the high fiscal deficit in the United States has become a negative factor hindering the progress of the world economic recovery. It is expected that although the global economy will continue to recover, the pace will slow down, international market Demand may slow down. Under the tightening international competitive environment, the slow downward trend of China's textile exports will continue.

In China's domestic market, the domestic demand market will generally maintain a steady growth trend and become an important support for the development of the textile industry. However, due to inflation and other factors, China's domestic residents' consumption capacity of textiles and clothing may be affected to some extent.

Industry experts remind that, from the perspective of the internal environment, the prominent cost pressure and tight capital environment are the prominent problems that China's textile industry needs to face at present. Despite the rapid downward adjustment of cotton prices in the near future, it has caused a strong wait-and-see mood in the market, the front and back of the industrial chain to be blocked, and other problems. There is still pressure to continue to improve the profitability of the entire industry. The pressure of tight financial environment will continue to increase in the second half of this year, and will also continue to increase Textile industry The cost of financing, inhibit investment demand.