Since the beginning of this year, Shishi’s garment industry exports have still maintained double-digit growth. The recent apparel foreign trade market situation is more favorable to exports, and Shishi garment companies have accelerated the pace of exports.
At the turn of spring and summer, the domestic clothing market is in the off-season, while the export market is on the contrary, in the peak season. In addition, in the international exchange rate market, the US dollar has appreciated rapidly against the RMB. From the level of 1 US dollar against the RMB at the beginning of the year, which was almost “breaking 6”, it appreciated to 6.2280 (the central parity rate) at the end of last week. Objectively, it has a negative impact on the export of Shishi garment industry. Favorable situation, exports of Shishi garment industry have accelerated.
