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In September 2019, the foreign trade climate index closed at 754.29 points, up 3.26 percent from the previous month, up 8.58 percent from the beginning of the year, and down 1.23 percent from the same period last year; the foreign trade price index closed at 167.65 points, up 2.08 percent from the beginning of the year, up 6.80 percent from the beginning of the year, and up 2.11 percent from the same period last year; the foreign trade confidence index closed at 1214.80 points, up 6.07 percent from the previous month.

In September, the export volume of textile and clothing in Keqiao District of Shaoxing City increased month on month, and the textile export showed a trend of month on month growth. With the active innovation and upgrading of Chinese enterprises and overseas layout, China's textile and garment industry will remain competitive in the international market for a long time in the future. Export textile enterprises to further accelerate the transformation and upgrading, "Belt and Road" construction dividend for the development of textile foreign trade in Keqiao District, textile and clothing exports pushed up month-on-month. As a result, the 20180925 foreign trade climate index rose month-on-month and the foreign trade price index rose month-on-month.

Overseas markets continue to expand

In September, the prosperity index of foreign trade textile enterprises in Keqiao District of Shaoxing City rose month-on-month, the international market was actively explored, overseas buyers stocking and purchasing were partially pushed up, and the new orders and export goods of foreign trade enterprises rose month-on-month. Among them: cotton and its blended fabrics category of foreign trade climate index rose 8.63 percent month-on-month; chemical fiber filament fabric category of foreign trade climate index rose 5.33 percent month-on-month; embroidery category of foreign trade climate index rose 19.58 percent month-on-month; curtain mantle category of foreign trade climate index rose 14.66 percent month-on-month; pull the foreign trade climate index rose month-on-month.

The central bank downgraded across the board and the trade dispute eased. The People's Bank of China decided to reduce the reserve requirement ratio of financial institutions by 0.5 percentage points on September 16, 2019. Then, on September 17, the Office of the United States Trade Representative (USTR) announced a notice on the exclusion list of goods subject to tariffs on China (including textiles). In this tariff exemption notice, 100 percent of polyester woven microfiber fabrics and polyester products in textiles are included in this exclusion list, which is good news for both China and the United States. People in many fields said that the announcement of this list is good news for relevant Chinese export companies, especially those that are striving for Christmas orders.

The U. S.-China deficit rose and the orders that should be placed continued. Entering September, foreign trade orders of some enterprises are still increasing. According to feedback from a foreign trade enterprise, the number of orders received by the company is indeed increasing, and it seems that the continuity is relatively strong. On an unadjusted basis, the trade deficit in goods, which is heavily affected by the trade situation, rose to its highest level since January.

Textile City exhibition group appeared in Shanghai exhibition, exhibition hall popularity. On September 25, the global textile network high-quality fabric exhibition hall with 20 member enterprises participated in the Shanghai autumn and winter noodle accessories exhibition, displaying more than 10,000 items of rayon, flax, Korean velvet, embroidery, chiffon, tencel and various knitted and woven fabrics. on the first day of the exhibition, the exhibition hall received more than 3000 passengers. In addition, the global textile network has also brought characteristic products such as pattern drawing platform, weave cloud intelligent pattern design platform, easy spinning smart clothing 3D intelligent personalized design system, enterprise ERP e-commerce management system, etc. Among them, the global textile network international website has literal translation in 16 languages, which can realize one-time upload of products, enable overseas customers to quickly understand the enterprise fabric product information in their mother tongue, and improve the communication efficiency of enterprises in overseas markets.

The characteristic fabric has opened the door of the international high-end market. In the textile city market, new fabrics will be put on shelves every 3 to 5 days, while textile enterprises have opened the door of the international high-end market with characteristic fabrics. For example, Zhejiang Fantes Textile Co., Ltd., with research and development personnel accounting for 2/3 of the total number of employees, invests tens of millions of yuan to develop new products every year, and invests 5 million yuan to build its own textile testing center, finally winning the trust of POLO, CK, ZARA and other international brand customers.

Innovative product prices pushed up month-on-month

In September, the foreign trade price index showed a rising trend. Among them: chemical fiber filament fabric category foreign trade price index rose 2.00 percent month-on-month; embroidery category foreign trade price index rose 3.16 percent month-on-month; daily home textile fabric category foreign trade price index rose 9.09 percent month-on-month; curtain mantle category foreign trade price index rose 1.89 percent month-on-month; pull the total foreign trade price index rose month-on-month.

From the "world factory" to "Oriental Milan" gorgeous turn. In the creative design base of Keqiao textile industry, there are 399 textile design enterprises like "Baisi", including 1246 design talents. They serve 2/3 textile industry and trade enterprises in the whole region. At present, the fashion creative industry has been included in the 100 billion-level industry training plan of Keqiao District, and a 20 million of financial funds are invested every year, with remarkable results. With the iterative upgrading of textile fabrics and the optimization and extension of the textile industry chain, Keqiao is building a high-growth and sustainable fashion industry system, turning from "world factory" to "Oriental Milan.

Keqiao textile enterprises actively research and develop innovative products. Some Shaoxing scale textile companies invest a lot of energy and funds to develop new products every year, and send designers to Italy, Hong Kong, China and other countries and regions to inspect, so that new fabrics are put on the market every month, becoming the first choice for advanced professional clothing in many industries. Not only is the domestic sales situation ideal, but it is also very popular in the "Belt and Road" market. The added value of innovative products has been boosted, driving the foreign trade price index to rise month-on-month.

Promote the transformation and upgrading of the printing and dyeing industry. Keqiao is a large and strong textile area, and the textile printing and dyeing industry is the mother industry and pillar industry of Keqiao District. The problems of high pollution, high energy consumption and high emission in traditional printing and dyeing industry have become increasingly prominent. In the face of difficulties, the government of Keqiao District actively promotes the development of printing and dyeing enterprises to high-tech, intelligent and green, makes every effort to promote the transformation and upgrading of printing and dyeing industry at the provincial level, and strives to create a "green high-end, world-leading" modern industrial cluster. Active environmental protection printing and dyeing products export orders increased, prices increased month-on-month, driving the foreign trade price index rose month-on-month.

Foreign Trade Index Forecast for the Next Period

For the export situation in October 2019, it is expected that textile and clothing exports will show a slight growth trend. October is the traditional peak season of the textile industry. Textile enterprises are preparing for the "Silver Ten", and export orders will increase compared with the previous period.

(Source: China Textile News)