China’s trend became more prominent in 2015, with deflationary pressure coming
Qu Hongbin, Managing Director and Co-Head of Economic Research Asia Pacific and Chief Economist of Greater China at HSBC Bank, said at the 2015 HSBC Global Economic Outlook Annual Conference that the trend of deflation in China’s economy has further emerged, and it is expected that there will be two episodes within the year with a magnitude of A symmetrical interest rate cut of 25 basis points, and at least three 50 basis point reserve requirement cuts.
The latest statistics released by the National Bureau of Statistics on January 12 also show that in December 2014, the national consumer price index increased by 1.5% year-on-year, hovering in the “1 era” for 4 consecutive months; during the same period, it fell by 3.3% year-on-year, with a further decline. expand.
With insufficient domestic demand, it is urgent for China’s textile industry to achieve export breakthroughs
As we all know, China’s textile industry is still in the export-driven production mode. For a long time, textile exports have dominated the textile industry, and domestic demand is seriously insufficient; under normal economic conditions, enterprises in the textile industry Achieve substantial growth in exports with price advantage.
In 2015, China’s deflation trend became more prominent and the RMB depreciated relative to foreign currencies. As a result, textile-related enterprises, especially Chinese garment enterprises, lost all their advantages. Export pressure on enterprises increased greatly. How to achieve exports became an urgent matter.
Achieve breakthroughs in corporate exports from three aspects: export policy, business operations, and business operations
In order to help garment factories, garment factories, home textile factories, foundries and other textile-related enterprises with problems in building clothing brands, home textile brands, shoe and hat brands, and luggage brands, and to achieve a major breakthrough in textile exports in 15 years, Dalian The Municipal Garment Industry Association organized industry experts to conduct a special seminar on “How can enterprises in textile-related industries achieve export breakthroughs under the highlighted deflation trend in 2015” at the Dalian World Expo Plaza from April 23 to 25. From the aspects of export policy, business operations, Three aspects of brand building are discussed.
According to the Dalian Garment Industry Association, this special conference will be held at the Dalian World Expo Plaza from April 23 to 25, and will be held at the same time as the “2015 Dalian International Textile Accessories Yarn, Sewing Equipment and Printing Industry Exhibition”. Dalian Garment Industry Association authorized one of the exhibition organizing committees to organize the special session.
It is imminent for my country’s textile industry to achieve a breakthrough in exports
China’s trend became more prominent in 2015, with deflationary pressure coming Qu Hongbin, Managing Director and Co-Head of Economic Research Asia Pacific and Chief Economist of Greater China at HSBC Bank, said…
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