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Foreign Trade Has Boosted The Textile And Garment Industry Steadily In The First Half Of The Year.

2010/8/27 21:45:00 58

In recent years, China's foreign trade and import and export has improved steadily, and the textile and garment industry has steadily recovered in the first half of 2010.

Since 2010, although there are

European debt

Crisis and other disadvantages

Factor

However, the import and export situation of China's garment and textile industry has been improving continuously. The total export volume of textiles and clothing reached 88 billion 878 million US dollars from 1 to June, representing an increase of 22.04% over the same period last year, and the growth rate increased by 33.10 percentage points over the same period last year.

This phenomenon, insiders told financial news.COM, this is mainly 09 years financial crisis is very serious, foreign customers basically stopped buying, but rigid demand is still, clothes have to buy, so after last year, inventory digestion finished, the first half of 2010 is mainly replenishing inventory behavior.

China's textile and garment industry has a high degree of dependence on exports, and the improvement of export situation has prompted the industry in the first half of 2010.

Management

The situation has steadily recovered.

The personage introduces, when the financial crisis, many factories closed, migrant workers returned home, 09 years, factories started little, but this year, all of a sudden rise up.

At the same time, data show that from 1 to June, the textile industry achieved an industrial output value of 2 trillion and 117 billion 114 million yuan, an increase of 25.45% over the same period last year, an increase of 19.01 percentage points over the same period last year, and a sales value of 2 trillion and 66 billion 179 million yuan, an increase of 25.94% over the same period last year, a 19.55 percentage point increase over the same period last year.

Such as listed companies, Lu Tai A (000726:9.24, +0.08, 0.87) in the first half of 2010, operating income increased by 21.95% over the same period last year, and net profit increased by 39.20% over the same period last year. That is, as the financial crisis has stabilized, the company's products export has also been restored, the product price has rebounded, the company's business performance has increased year by year, 002083:10.82, -0.21, -1.9 -1.9 in 2010, total operating income in 2010 has increased 39.06%, the net profit has increased 42.77% over the same period last year; the operating income of Phoenix Bamboo Textile (600493:8.68, -0.04, -0.46) has increased 28.98%, and net profit has increased by 288.86%.

The main reason for this is that the export situation is improving, orders are increasing and prices are rising.

But it is worth noting that the export growth of the textile and garment industry will slow down in the second half of this year, and the appreciation of the renminbi and the rise in labor costs will also engulf the profits of the industry.

According to the industry, workers are unable to get paid now, and their wages are very expensive. According to their factories, the wages in 2010 have increased by 60-80% compared with 08 years, and the wages of individual jobs have doubled, which is difficult to recruit.

Now an ordinary worker, the monthly salary is about 2000 yuan, and the technology is more than 4000.

And before the 08 years of the financial crisis, the wages of workers were on the minimum wage line, about 800 yuan.

In addition, the industry's booming domestic market in the first half of 2010 may become a bright spot for growth in the future.

Data show that from 1 to June, the domestic sales value of textile industry increased by 28.26% compared to the same period last year, an increase of 17.55 percentage points compared with the same period last year, and the domestic sales accounted for 81.58%, an increase of 1.35 percentage points over the same period last year.