NEWS

Specializing in the design, production, and sales of technical woven fabrics

Overall stable operation of the knitting industry in the first three quarters of 2018


As for the current issue of trade friction between China and the United States, the most influential one is knitted fabrics, which accounts for about 57% of China's exports of knitted fabrics to the United States. This will have a significant impact on domestic export production and trading enterprises to the United States. However, at present, Sino-U.S. friction has not yet fully manifested itself in the marketing of knitted export enterprises. Currently, trade friction has eased. It is recommended that export enterprises to the United States should respond in many ways, adjust their international production capacity layout, and address the risks posed by trade friction.
Regarding the domestic and foreign economic situation next year, he analyzed that the world economy will still be on the track of recovery in 2019, but the negative impact of risk factors such as the liquidity contraction caused by the US dollar interest rate hike and the intensification of US trade protectionism on global economic growth will gradually emerge. Affected by external environmental changes, China's macroeconomic operating pressure will increase, but the general trend of stable development will not fundamentally change. The country will strengthen and stabilize employment, Moving towards a comprehensive well-off level in terms of household income and consumption will support the sustained growth of the domestic demand market for textiles and clothing, and become the main force driving the development of the textile industry.

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