The Brief of Economic Operation of China's Garment Industry from January to December 2022 released by China National Garment Association (hereinafter referred to as the Brief) predicts that in 2023, China's garment industry will enter a recovery and normal development cycle after experiencing a gradual decline. Based on the low base effect of the industry operation in 2022 and the strong support of the domestic big cycle, The overall economic performance of the industry is expected to improve in 2023," Resilient growth, steady recovery ". The trend of development is obvious.
Before 2022, the external development environment of our textile industry was extremely severe. Risk factors such as weak market demand, high raw material cost and more complex trade environment have exerted a great impact on the textile industry, and the pressure of economic operation has increased significantly. Textile enterprises have been trying to overcome a variety of risk shocks, although some operating indicators fell year-on-year, but the decline is small.
From the perspective of the international market, under the influence of insufficient international market demand, overseas order transfer, Sino-US trade friction, RMB appreciation and other factors, China's garment export will face great downward pressure in 2023, with the overall growth rate slowing down before leveling off and the scale obviously shrinking. However, it should also be noted that with the end of destocking by overseas retailers and brand groups and the curtailment of global inflation, market consumption demand and replenishment demand gradually recovered, overseas orders may pick up in the second half of the year, and the situation of garment export will improve accordingly. At the same time," The "Belt and Road"; And the RCEP and other trade cooperation agreements continue to advance," Platform drainage + content grass + live streaming with goods "; New marketing methods promote the accelerated development of cross-border e-commerce, and will further promote the garment export to achieve high-quality development.
The Bulletin suggests that improving industry resilience and resilience remains the core of industry development. Under the general trend of global industrial transformation, our garment industry will continue to strengthen the integration and innovation of digital economy and real economy, vigorously promote the construction of industrial intelligent manufacturing and industrial Internet platform, deeply practice cultural confidence and green development, and integrate the development potential of new technology, new mode and new business form, so as to drive the industry to accelerate the transition to intelligent, high-end and green. (Reporter Wang Yu)
From: China Trade News
