The Export Amplitude of China Textile Products will Exceed 15% In 2007
Source: CNTEX Date: 2007-04-12
According to the National Development and Reform Commission （NDRC）, the export amplitude of China textile products will exceed 15% in 2007. Relative to 25.1% of the amplitude in 2006, the anticipation given by the National Development and Reform Commission yesterday is relatively conservative, because the export of national weave industry will be confronted with four aspects of deterring factors as follows:
First of all, it will further weaken the price advantage of export of our nation textile products costume because the RMB is continue to increase in value, which brings pressure for the export corporation of textile products;
Next, the influence brought by lowering the rate of tax reimbursement for export will be appear in 2007;
Third, the nonsteady trade environment brought by Occident limitation and trade friction impersonally provide uncommonly developing opportunity for the main competing adversary of our nation weave industry;
Fourth, resource environment constraint will restrict the industry development. In 2007, the weave industry is still faced with such resource and environment constraint as internal cotton scarcity, chemical fiber depending on import for long term.
