A New Step up,a Double-digit Reward

A detailed report on the performance of China garment exports and imports in 2005 Surfing on the waves of the RMB revaluation, the unstableness of raw material prices and the trade disagreements with the EU and US, the hardworking China garment and accessory industry got its repayment of $75.52 billion for foreign trade in 2005, hiked 19.6% against 2004. Garment and accessory exports made 73.88 billion US dollar and $1.62 billion in imports, it also achieved US 72.2 billion of trade surplus and took up more than half of the share in the entire China textile foreign trade value in 2005.     

An Overview of Textile Trade In 2005

The impact was seen in the thirdquarter of the year when its textile ex-port slowed down, but galloped wildlyinto the forth quarter to smash the fin-ish-line with an ever-recorded victoryfor $117.5 billion in textile & apparelexport, despite the internationally al-lied safeguards and anti-dumping ef-forts and the EU and the US textileagreements reached with China.In 2005, Chinese total import andexport trade value amounted to $1422.12 billion, 23.2% up against 2004.Thistotality broke down in…     

Textile Machinery Export Sings Happy Songs

According to figures from the China Customs, from January to June China textile machinery foreign trade gained a total value of $2.31 billion, brought an 11.43% jump. Further, the sum for exports reached 565 million US dol- lars and its growth rate soared by 40.84%, which was much higher than imports. Textile machin- ery imports had $1.75 billion in value and in- creased by only 4.38% compared to the same period of time in 2005.China's textile machinery imports are mainly from Japan, Germa…     

China Weights 24% in World Textile Trade

The recent World Trade Report from the WTO stated that China now takes 24% of the world textile and garment trade. The report also said that although the withdrawal of quotas has created a fairer trade environment, there's been a slow down in some developed countries economic growth and those countries currencies have been unstable. Those factors have contributed to a small jump of 5% in the world textile and garment trade in 2005, and China's textile and garment exports increased by 21% ag…     

China’s Textile Industry International Competitive Advantage and Policy Suggestion

Textile industry has long been a pillar to China’s economy thanks to its advantage in factor endowment and market scale. Trade volume of textile sector has increased by 27.11 times during the past 25 years (from the Reform and Opening). In 2005, textile export took up 15.4% of China’s total export and 24.4% of the world’s total export in textile, and the production and export of Chinese textile products are both the largest in the world. Nonetheless, China’s textile industry is facing va…     

Some Sectors See Upbeat Signs, Although No Near-term Turnaround Is Anticipated Analysis of chemical fibre products imp. & exp. in Jan.~Apr. 2009

It’s been another disappointing year fbr the hard-pressed chemicalfibre foreign trade sector.China's imports and exports Of chemical fibreproducts saw a continued decline in the first four month from a year earlier.Induded were 2.272 billion dollars from imports,down 15.41 per cent;and 17.838 billion dollars from exports.down 6.31 per cent.Graph 1.China’s chemical fibre textile and garment imp.&exp.in2008     

The 14th China International Trade Fair for Apparel Fabrics and Accessories

1,129 suppliers from around the world will bring the latest products to one of the most important apparel textile trade events in northern China.Intertextile Beijing Apparel Fabrics,to be held 27-29 March 2008,is an ideal destination for sourcing apparel textiles and accessories from mass market to     

Six Months,Sixty Billion Dollars

A total of 64.032 US billion dollars went to the pocket of China textile and garment exports for the first half of 2006. Except February, each month achieved an 11 digit in export value and Miss June got a staggering 13 billion votes alone, and Guangdong remains on its number onespot for having the most exported textile and garment goods which toted up to $14.98 billion. Table 1 shows a 68.31% of growth rate for non-state owned textile and garment ex- port firms and since the beginning of 20…     

Continued slowdown of export growth in Oct.

According to customs statistics,in October of 2011,China’s textile and apparel trade reached 21.53 billion U.S.dollars,up 11.1%,in which exports $ 19.65 billion,a year on year increase of 10.4%,yet a month on month decline of     

ITMA Asia and CITME Join Forces

As for 2008, ITMA Asia, one of the main textile machinery trade fairs will move from Singapore to Shanghai,China, a further confirmation of the importance of China in the global textile machinery sector.     

Science & Technology,a Double-edged Sword for a Gallant Gladiator?

China's success in the global textile trade has long been amystery that was repeatedly unveiled by many critics or com-petitors who were all in choirs to reproach China for being un-fair in trade practices with reference to governmental subsidies,manipulation of its currency exchange rate, lack of sincerity inenforcing labor laws and what not, but few really realized theactual development in science and technological innovationsand applications in the industry that are really the core value int…     

Mr.Du,the Steersman''''s Brainstorming to Helm the Industry''''s Sailing

The nation-wide conference of devel-opment and reform for textile industrywas held here on January 12th, 2006 af-ter China weathered through the storms& torrents of various trade disputes in thetroubled water of 2005 and arrived at portof the new year, the start of the next Five-Year Plan period from 2006 all the wayto 2010. A roadmap for the country's eco-nomic & social growth with each fiveyear group as a routine time-table, thisplans making tradition has remained un-changed since its first…     

Editor’s Letter

Dear readers: We are already in the second half of 2006. China, shine or rain, still troubled with many factors devilling its normal course of development. Its textile indus- try seems to have done pretty well in production, domestic market and export in its textile industry. During the first half of 2006, Chinese shipments of textiles and apparel to the EU arrived at $9,822 million, 10.52% higher than its previous correspon- dent time. The ten quota-capped categories out of this total expor…     

Rocketing Trade Deficit Spells China''''s Yuan Rise in 2006?

The US Department of Commerce re-leased trade data on December 14, 2005,confirming that the miniscule revaluationof Chinese currency had the slightest im-pact on the bilateral trade deficit that willmost likely rocket to more than $200billion, an unbelievable new high in themodern history of America. China Cur-rency Coalition (CCC) contends that Chinakeeps the value of its currency artificiallylow, allowing for an unfair advantage bymaking made-in-China goods cheaperwherever it goes.Even …     

News

China Sees First Quarterly Trade Deficit in 6 Years, Textile & Clothes Trade Remains Surplus China saw a trade deficit of 1.02 billion U.S. dollars from January to March this year, the fir st quarterly trade     

A Good Start

For the first quarter of 2006, China textile and apparel exports have wowed the industry with a score of 27.99 billion US dollars. Its enthusiasm for speeding is firing and its growth margin reached 22.16%.     

CITME,A Global Star

More than 1,100 firms from 24 countries on a 650,000 square meters space certainly showed how attractive China’s eight billion US dollars textile machinery market is. CITME 2006 was fully booked with 417 exhibitors from overseas and 617 domestic firms, and left over 180 enterprises from home wishing there was more room in the exhibition. Exhibitors from Germany, Japan, Italy, Switzerland, Britain, France, the Re- public of Korea, the United States and China showed up as national pavili…     

Exports of clothing to ASEAN rose sharply

Along with the construction of China-ASEAN Free Trade Area (CAFTA), textile trade developed rapidly between China and ASEAN. Both sides began to reduce tax on the normal goods from 2005. From 2005 to 2011, trade volume increased by two times, the average annual growth of 23.1%,of which China exports average annual growth of 23.4%,     

The trade with the EU was facing a grim situation

According to customs statistics, January-May2012, China’s textile and apparel exports valued at USD 93.523 billion. Compared with the same period in 2011 increased 2. 63%. Among them, The exports to European Union( the EU) valued at USD 16.756 billion, accounted for 17.92 % of total exports to the global in textile and apparel, down 11. 17% y/y. e EU is one of the main markets for China’s textile and apparel exports. e negative growth highlights the grim situation of the European Union market . Market share declined in the EU The EU, the United States, and Japan had     

Knitting： Fundamentals Changed for the Better

In the second quarter of 2014, the world＇s economy continued a moderate recovery： re-acceleration of economic activity happened in the U.S., weak recovery continued in euro area, Japan＇s economic growth was diminishing, with recovery monlentunl weakening, and capital inflows has increased in emerging market economies, among which some economies were still facing economic downward pressure. Against the stabilized environment of international market de- mand, China＇s apparel export reached $ 79.85 billion, with year-onyear increase of 4.3%： textiles export totalized $ 56.54 billion, rising by 4.0%. Knitting industry achieved accumulative total export of $ 40.61 billion.