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Ten Years After WTO Entry: Clothing Industry Through Customs

2012/3/6 11:07:00 20

Customs Clothing Industry

At the end of 2011, China entered the WTO 10th anniversary, and these 10 years are the golden 10 years of economic growth since China's reform and opening up.

In the past 10 years, the total value of China's import and export trade has increased from US $509 billion 651 million in 2001 to US $2 trillion and 970 billion in 2010, with an average annual growth of 21.6%. In 2011, it also created a new high of 3 trillion and 600 billion US dollars. The volume of China's cargo trade rose from second in 2001 to second in the world.


With the development of China's export-oriented economy, the import and export enterprises are becoming more and more powerful. Information has attracted increasing attention, especially the value of customs information for macroeconomic research and enterprise management.

Recently, from

Customs head office

Under the guidance of the Comprehensive Statistics Division and the national customs information center (CTR), the "WTO accession 10th anniversary Information Conference on customs information" was held in Beijing. The customs statistical data management department introduced the Customs Statistics in 2011 and the customs information service in the past 10 years.

Experts in the conference believe that under the increasingly complex global trade environment, customs information services are increasingly valued and relied on by international trade participants and policy makers.

Taking the industry as an example, the customs information data has an analysis and guidance value for the development of the textile and garment industry.


The growth rate of import and export in China shows a rational decline.


As the European debt crisis continues to spread and international market demand shrinks, the global economic situation presents a downturn. Global trade is facing severe challenges.

Affected by this, China's import and export growth slowed down in 2011.

According to the customs information network, China's import and export volume was 3 trillion and 600 billion US dollars in 2011, an increase of 22.5% over the same period last year, an increase of 12.3 percentage points over the previous year.

Among them, exports of 18986 billion US dollars and imports of US $1 trillion and 743 billion 470 million, respectively, increased by 20.3% and 24.9%, down 11% and 13.9% respectively from the previous year, reflecting the impact of slowing global economic recovery on China's foreign trade.


 

Textile industry

Export growth is better, domestic demand growth is steady.


In 2011, the structural adjustment and industrial upgrading of the textile industry continued to advance and the situation of operation was generally stable.

According to the data from the customs information network, in 2011, the export of China's main commodities maintained a steady growth, of which the export of labour intensive products increased rapidly. Taking the textile and garment industry as an example, the total export volume of clothing and accessories in 2011 was 153 billion 220 million US dollars, an increase of 18.3% over the same period last year, and the total export volume of textile yarn fabrics and products was 94 billion 670 million US dollars, up 22.9% over the same period last year, higher than the overall growth rate.


However, due to the impact of the European debt crisis on the growth of external demand, the rise and fall of raw material prices, the tightening of financing environment, and the increase of domestic factors and labor costs, a series of factors have increased the pressure of the industry.

The growth rate of external production and marketing and investment efficiency has been slowing down, and the growth of internal efficiency has become more prominent.

According to other relevant data, in January last year, -11 retail sales increased by 23.9% over the same period last year, and the domestic sales value of textile enterprises above Designated Size reached 40101 billion yuan, an increase of 30.3% over the same period last year, 14.5 percentage points higher than that of the same period.

The share of domestic sales accounted for 82.9% of sales value, 1.8 percentage points higher than that of the same period last year.


The future domestic market of textile and clothing is relatively optimistic.


According to the latest announcement by the General Administration of customs, according to customs statistics, in January this year, China's foreign trade exports amounted to 149 billion 940 million US dollars, a decrease of 0.5%, of which clothing exports were US $13 billion 840 million, an increase of 3.5%; textile exports were US $7 billion 680 million, a decrease of 6.8%; and footwear exports 4 billion 60 million US dollars, down by 1.3%.

This shows that the basic attributes of textile and clothing as necessities of life also determine that foreign market demand will not shrink significantly.


There is no fundamental change in the fundamentals of our domestic demand market. With the gradual easing of inflation pressure, the domestic demand for textile and clothing is steadily expanding and will continue to be the primary support for the development of the textile industry.

Combined with the relatively strong demand for domestic sales market in 2011, we can say that the domestic market has a great pull on the textile and garment industry. 82% of the textile industry in China is targeted at the domestic market, so domestic sales in 2012 will still be the main driving force for the development of the textile industry.


Diversified growth of customs information services


The national customs information center (electronic customs Center) is the hub of the national customs information processing, data pmission and communication service. It has strong data resources and complete information application system.

At the meeting, Zhang Bingzheng, director general of the General Statistics Department of the General Administration of customs, introduced three major duties of Customs Statistics: serving the state's macroeconomic decision-making, serving customs management and serving the public.


Zhang Bingzheng said: "now, import and export data is very important in macroeconomic data, and it provides data support for national macroeconomic development."

He further revealed that at present, customs statistics also opened up a new field, that is, using foreign trade data of other countries and our country's data for comparative analysis, and achieved some very important results.

In serving the public, Zhang Bingzheng interpreted the actual cases of customs information service: first, the service to the news media, the customs will issue and interpret the import and export data regularly.

Second, we are working with research institutes to conduct research on professional subjects.

Third, the customs information network provides diversified services to enterprises and individuals.

Future,

Professional consultation

Multi service will become a new highlight of customs information service.

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