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The first half of Chinese textiles exports fell by about 2%

  • Author:Dreamy F
  • Source:www.china-disposable.com
  • Release on :2016-08-08
China Textiles Industry Association August 3 revealed that the first half of 2016, Chinese textile industry trade continue to increase product development and market expansion, industry remained stable overall high growth rate, economic efficiency continues to improve. In the first half, China's industrial textiles industry industrial added value growth of about 11%, the main business revenue and profit enterprises above designated size were up year on year.

It is worth noting that the international situation in recent years, Chinese industrial textiles industry is facing more complex export growth vary widely, in 2011 export growth rate reached 26.3%, while its export growth in 2012 fell sharply to a negative value, 2013 years later rebounded to about 8%, stable in 2014 export development, and in 2015 there was a substantial decline. The first half of 2016 Chinese textiles exports fell by about 2%, a decline compared with the first quarter narrowed. According to analysis, the reason Chinese textiles export fluctuations, partly due to the slow recovery of the world's major economies, on the other hand its export price declines are related.

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