Affected by the delayed impact of trade frictions in 2006, China's textile export growth slowdown in Europe and America, but the restrictions on non-regional exports have seen a robust growth in 2006, imposing restrictions on non-regional exports of 101 billion U.S. dollars, an increase of 27.7%, an increase of 20 percentage points increase, including Hong Kong, South Korea, Turkey, Canada, Mexico and other regions of the export growth rate reached 21.2%, respectively, 28.1%, 217.5%, 44.9 % and 125%.
     From the National Development and Reform Commission Economic Operations Bureau in a report released today learned that last year, the textile industry to achieve exports of 147.1 billion U.S. dollars, up 25.1%, of which textile products 52.3 billion U.S. dollars, an increase of 18.8%; Clothing 94.8 billion U.S. dollars, an increase of 28.9%.
     In 2006, subject to quantitative restrictions on textile exports to Europe and the United States the impact of the agreement, Europe and the United States have the order moved to cheaper labor, the textile industry developed rapidly in India, Bangladesh, Southeast Asia and other regions. Of China's exports to the emergence of Europe and the United States fell sharply, which exports to the EU 23 billion U.S. dollars, up 21.7%, but the growth rate dropped 33.6 percentage points; 23.1 billion U.S. dollars for U.S. exports, up 18.1%, an increase of drop of 48 percentage points.
     Although the Commerce Department revised last year introduced a series of policies to reduce the cost of quotas to encourage the textile enterprises make full and good use quotas, but the trend of weakening exports, Europe and the United States has not been fundamentally changed. According to Europe and the United States relating to customs statistics, in 2006 China's export quota to the European and American products, clearance rate is only around 70%, and there is no class products are all used up, the lowest clearance rate of the product or even less than 4%.
     Development and Reform Commission in this "weaving industry in 2006 to run analysis and trend forecasting 2007" report that a long time, China's textile export growth in the number of type features more distinctly. So, last year's yuan continued to appreciate, in September in turn textile export tax rebate rate down by 2 percentage points, these macro-policy changes imperceptibly increased the cost of some quantity to win the export of textile export enterprises to increase the pressure.
     In recent years, the textile industry to increase science and technology through continuous investment to enhance capability of independent innovation, industrial structure has been further optimized, enterprise to adapt to the fierce competitive international market, further enhanced, which will help the textile industry to face the changing external environment, maintain a competitive edge .
     However, the case of the textile industry in 2007 is still not optimistic. First, the continuing appreciation of the yuan will further weaken China's textile and garment export price advantage, thus putting pressure on the textile export enterprises. Second, the lower the impact of export tax rebate rate will be appear in 2007. In September 2006, the state will be part of the textile export tax rebate rate from 13% down to 11%, the export tax rebate rate cut at 3-month grace period would be followed in 2007 textile exports and the economy have some impact. Third, Europe and the United States imposed restrictions and trade frictions caused by an unstable business environment, objectively speaking, the main rival to China's textile and provided a rare opportunity for development, making China's textile export growth is facing a severe test. Fourth, resources and environmental constraints will continue to form a constraint on the development of the industry. In 2007, the textile industry will face a shortage of domestic cotton, chemical fiber long-term dependence on imported raw materials, printing and dyeing excessive water use, energy supply imbalances, and a shortage of resources such as labor and environmental constraints. Under the new situation, the industry long-term accumulation of deep-seated problems have become increasingly prominent.
     But the NDRC said in the report, in 2007 development environment for the textile industry in general is beneficial to the textile economic performance will continue to maintain a steady growth trend, forecast full-year industrial output value of the textile industry, main business revenue, profits, exports will increase by more than 15%.