Textile And Garment Exports Shrink

　　 Customs The latest figures released by the General Administration show that in 1-5 months of this year, China's textile and apparel exports totaled 88 billion 835 million US dollars, up 26.55% over the same period last year. From the sales amount, the export of textile and clothing has seen some signs of atrophy. From the single month of May, exports of textiles and clothing were US $20 billion 338 million, an increase of 23.77% over the same period last year, down 9.76 percentage points from the 33.53% growth of the same period last year, which has slowed down considerably compared with the first 4 months of this year. From the link ratio data See, textile and clothing exports in May amounted to 20 billion 338 million US dollars, up 2.33% from April.

In addition to the export situation is not optimistic, domestic consumption is not warm, so that the textile and garment industry is facing enormous pressure, small and Medium Enterprises Limited production and shut-down phenomenon is also very common.