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 Chinese Apparel Industry Report 2009

Apparel manufacture is intensive-laboring industry. Since the reform and open-up, the textile industry had developed fast and had been the important export department of the industrial products with the merits of abundant work force in China. In recent years, the export advantages of Chinese textile industry had cut down because of the cost enhancement in work force and the increased price in the raw material etc. The international financial crisis further weakened the export competitiveness of Chinese textile industry, facing huge development challenges.

In 2008, the accumulated export revenues of Chinese apparel industry were 119.790 billion USD, up by 4.10% compared with 2007, the export growth speed dropping sharply.

Since the 1990s, China’s exports to America and European Union had kept going up without great fluctuation. But the exports to some other countries fluctuated greatly, especially India and Pakistan etc. European, American and Japanese market, accounting for 60% import volumes of the textile clothing in the world, had formed certain dependency on Chinese textile clothing, which could not be easily changed because of the present financial crisis. The international financial crisis did not change the people’s demands for the daily necessities, but obliged to the change of consumption structures and habits. The expenditure in the entertainment cut down. The consumers were sensitive to the price. The change of the consumption habits made the medium and high quality clothing industry lose a lot. The consumption structure shifted to the medium and low quality products, making the suppliers of the low-priced clothing obtain more opportunities and accounting for more market share.
 

[来源:来自网络] [作者:不详] [日期:09-08-01] [热度:]

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