Yin Guoxin: The Downward Pressure On Textile Exports Increased
In view of the 11 import and export data released by the customs, Yin Guoxin, vice chairman of the National People's Congress and the China Textile Import and Export Chamber of Commerce, pointed out that the export situation of the textile industry may be even more severe now. The warmer consumer market is the premise for production to pick up, and now it will take a long time to warm up.
Yin Guoxin analysis, from the textile and garment industry, the export situation will become increasingly severe. At present, China's main export markets are not optimistic in Europe, the United States and Japan.
欧洲和美国的消费市场去年就开始了明显下降。而日本从今年1月份开始，也出现了较快的下滑。这三大市场的消费能力下降，肯定会影响到中国的纺织行业出口。
Yin Guoxin believes that the total export volume of textile industry will decline this year, and the difficulty of business will also increase.
He predicted that textile and garment enterprises might be more stressed in April.
Editor in chief: Xu Qiyun
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