The textile industry, the worst days are past. A number of indicators show that the textile industry has bottomed out and recovery phase in gradually.
Ningbo Shanshan Co., Ltd. Executive Assistant Zhu Sujun accepted an interview with CBN about the first half of exports has been in decline, especially in Europe and the United States orders decline was 30% to 40%, and the recent change, orders began to increase, but European and American buyers because the price kept at a very low and has been in raw materials prices, many orders Wufadadao Gai range of business costs, so take the initiative by giving up Shanshan orders, business strategy is to expand the Gaoduan market and domestic market.

Guangdong Textile Import & Export Co., Ltd. General Manager\'s Assistant Zhonghao Sen also reflect the CBN, after various adjustments, the company exported 435 million U.S. dollars in the first half, up 5.8% this year be hard-won achievements. Estimated in the second half the situation will be more optimistic than the first half, orders are on the rise recently, but the price 10% less than last year, thanks to state 4 times since last year up textile and garment export tax rebate rate from 11% to 16%, for business to release certain profit margins on corporate orders help.

In an interview with CBN industry news interview that the first quarter of this year, China\'s textile industry is the lowest point in the second quarter of the indicators have gradually improved, according to current trends, the situation will be better than the first half of the second half.
From the National Bureau of Statistics show that 1 in May this year, the textile industry-wide profit of 43.248 billion yuan, down just 0.14% year on year, down more than 1 to 2 months significantly reduced 11.01%, of which 3 to 5 months to achieve profits 30,768,000,000 yuan, up 5.1%.

On the export side, decreases gradually narrowed. In the first two months, textile and garment export up 15.31% year on year decline, 1 May as a negative growth of 11.59%, 1 to 6 months and further narrowed to a negative growth of 10.88%.

Wang forward analysis pointed out the profits, investment and exports and many other important data, can determine China\'s textile industry have hit the bottom bounce. However, no significant recovery in view of the international market, the textile industry now faces the biggest pressure is still exports, volatile international market orders, can not stabilize a good judge, the most optimistic estimate is possible until the fourth quarter, real rebound , but still can not reverse the negative export growth, the situation throughout the year, the annual exports estimated at a negative growth of 5% to 10% negative growth rate.

The textile export enterprises, the current pressure is not just international order is also uncertain, will likely encounter in the second half of this year, more trade stick.

Import and Export Fair Trade Bureau of the Ministry of Commerce Deputy Secretary LIU Dan-yang on July 14 in the \"Guangdong to deal with international trade risks Conference\", also warned that Europe and the United States on my textile trade remedy investigations initiated early warning information constantly, and the United States has begun to take action on the 10th of this month with a trim knit section China launched an anti-dumping, countervailing duty investigation, although the amount is small, but a dangerous signal, which may lead to other countries to follow, China\'s textile industry is facing very serious situation of trade friction.