China news agency, Beijing, November 14 (Reporter Yan Xiaohong) China's textile and apparel exports in the first three quarters of this year have basically stabilized. Since the beginning of this year, China's textile and apparel exports have gradually enlarged, and by the end of the third quarter, the cumulative exports have stopped the downward trend since 2015, basically flat.
The reporter learned from the China Chamber of Commerce for Import and Export of Textiles on the 14th that China's textile exports in the first nine months totaled US$81.15 billion, up 2.4% year-on-year; apparel exports were US$118.63 billion, down 1.8% year-on-year. Among them, the export volume of yarns and fabrics of key export commodities increased by 4.8% and 8% respectively year-on-year; the total export volume of needle-woven garments increased by 2.9%. In particular, China’s textile exports increased by 37.8% year-on-year in September, showing a recovery growth.
In the first three quarters, the total exports of textiles and clothing in the 10 provinces and autonomous regions in eastern China accounted for 86.5% of the country's total exports, and the export volume increased by 0.7% year-on-year, which was positive for the overall export, with Jiangsu, Hebei and Beijing growing rapidly.
Among them, China's textile and apparel exports are relatively stable to the US market and achieve a slight increase.
It is worth mentioning that China's textile and apparel exports are growing at a faster rate in the ASEAN market. In the third quarter, China's exports to ASEAN increased by 10.7% year-on-year, and double-digit growth has been achieved since the first quarter of 2015.
In October, China’s textile and apparel exports continued to rise. It is expected that China's textile and apparel exports will show a warmer trend in 2017. (Finish)
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