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Himfr Reports Textile machinery imports hidden risks of trade frictions
by Hule Sun
Since 2007, China's rapid growth in textile machinery imports is obvious. With the China-EU textile agreement by the end of 2007 about to expire, many domestic textile enterprises have increased their imports of textile machinery intensity, giving rise to textile machinery imports goes up. Hangzhou Customs statistics, in 2007 1 July, total imports of textile machinery, Zhejiang, 592 million U.S. dollars, up 57.2%, higher than the 2006 growth rate 36.2 percentage points.
Dominated by private enterprises
Rise of the stock market in this unit, the private enterprise is undoubtedly a very dominant. Customs data show that 1 in July, Zhejiang Province private enterprises this year imports also increased by over 107%, to 1.86 billion U.S. dollars.
The first county in China's textile industry - Shaoxing County, Zhejiang Province from time to time may be noted that the two share the street traffic - Yi Gu traffic out of textile machinery shipment overseas, a surge of textile machinery is transported to new.
Prepare for "post-deal era" is the first result of
Qianping from Hangzhou Customs statistics analysis ,said China and the EU, Sino-US textile agreement is about to expire are the domestic textile industry as a positive, resulting in industry investment warming. At the same time, in the export market in 2005 experienced a chaotic situation, the majority of textile enterprises began to realize that only by constantly improving technology and value-added products can we remain invincible in the fierce competition. Therefore, enterprises have increased investment in production equipment to upgrade and expand the capacity of the inputs, and thus boost imports of textile machinery equipment increased significantly.
China and the EU, after the expiry of Sino-US textile agreement, due to China's WTO accession protocol, some other restrictions on the terms of Europe and the United States can still lift "special protection" stick impede the entry of Chinese textiles,according to Qianping . In addition, the people of appreciation, export tax rebate rate cut and so are the development prospects of China's textile industry will face the test.
Textile imports surge exposed in the issue is not only a year after the trade friction that may arise; more to show the top of the industry chain, China's textile machinery equipment, a serious shortage of manufacturing capacity, which constrains the more serious long-term development of China's textile industry.
About the Author
I am a professional editor from himfr.com/, and my work is to promote a free online trade platform. http://www.himfr.com/ contain a great deal of information about Scene Banners,3 piece crank, welcome to visit!
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