Domestic demand for textile and apparel industry grows by nearly 20%

The 20th annual meeting of the China Textile Industry Federation announced an unexpected data. Last year, domestic textile and clothing consumption increased by nearly 20%. The industry’s people are using it to encourage entrepreneurs of dry textiles.

To say that an industry’s profits are meager, it is often described as “thin as a blade”. China’s textile and clothing industry’s profits have been low, and last year’s external demand slackened. The vice president of the Federation of Textile Industry, Gao Yong, stated that it is expected that the entire industry will realize profits in 2012. 250 billion yuan, the annual export of about 260 billion US dollars, both the year-on-year growth does not exceed 3%. Yao Jingyuan, a special researcher at the State Department's counselor's office, laments that dry textile entrepreneurs are not easy.

Yao Jingyuan: I know that the textile industry is really very difficult, but we all stick to this industry under such difficult circumstances. I think it is respectable. China has had problems in recent years, that is, the whole society has ignored the real economy. The real economy is hard and I don't make money. I know some entrepreneurs and met every other year. Give me a business card, and I don't look at companies.

The textile and clothing industry earns hard-earned money. If the export situation is good, the days will be OK. But last year, the share of China's textile and apparel products in the US and European markets began to decline. Companies are tangled and the aftermath of the financial crisis continues year after year. Is there any hope of going down? In this regard, Gao Yong took out a number of data to cheer the textile industry, which has a volatile mind and a low morale.

Gao Yong: In terms of domestic demand, from January to November 2012, in the total retail sales of consumer goods, the consumption of textiles and clothing increased by 18.2%. This is an unexpected figure, far higher than the 14% of total consumer retail sales in the entire society. Point more growth. Therefore, we still take the lack of domestic demand as the main reason for the decline of the industry, which will become increasingly untenable.

In a grey data, the domestic market for textile and apparel industry has seen a strong red tide, which has given companies more hope. For the start of the domestic market, Jianping, chief economic teacher of the National Information Center, said that with the country's control over real estate prices and agricultural product prices, as well as the advancement of urbanization, from this year onwards, the long-term consumption of domestic clothing and apparel products will enter a long Up to 10 years of growth. However, he reminded that if we want to eat the big cake from the domestic market, we must start by treating our consumers domestically.

Fan Jianping: I candidly say that I never buy clothes in the country. I bought them all when I was on a business trip to Europe. It is very exasperating that the button I bought at home must be nailed back again. When we export, we can meet the most demanding standards, and we cannot sell it domestically. Food has already had a lesson in the past, thinking that the Chinese people can fool themselves and finally give themselves to play. Therefore, the textile and apparel industry must treat domestic consumers well.