[Expand diversified international market and strive to create more trade increment]
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According to the General Administration of Customs statistics today, from January to October this year, the national textile and apparel exports were 245.72 billion US dollars, down 9.2% (in renminbi terms, down 3.4%), and the decline continued to narrow by 0.3 percentage points compared with the first three quarters. Among them, textile exports were 112.55 billion US dollars, down 9.8% year-on-year (down 3.9% year-on-year in RMB); Garment exports were US $133.16 billion, down 8.7% year-on-year (down 3.1% year-on-year in RMB terms).


In October, China's textile and apparel exports to the world were 22.97 billion US dollars, down 4.8% year-on-year (down 1.5% in RMB terms). Among them, textile exports were US $10.71 billion, down 3.3% year-on-year (a slight increase of 0.1% in RMB terms); Garment exports were US $12.26 billion, down 6.0% year-on-year (2.9% year-on-year in RMB terms), down 0.6 percentage points from the previous month.


At present, the world economic growth is slowing down, the global textile supply chain is deeply adjusted, and the development of foreign trade in the industry is under pressure. In the first three quarters of this year, China's textile and apparel exports to the three traditional markets of the United States, the European Union and Japan fell by 15.6%, 20.5% and 12.3%, respectively. However, at the same time, in the process of actively promoting the development of the "Belt and Road" in China and various partner countries, benefiting from the continuous optimization of the environment and the smooth and convenient channels, the export scale of China's textile and apparel to some countries along the "Belt and Road" continues to expand. From January to September this year, China's textile and apparel exports to Russia, Kazakhstan, Singapore and other countries increased by 20.4%, 52.4% and 24.9%, respectively. It is suggested that foreign trade enterprises in the industry actively grasp the historic opportunity of high-quality co-construction of the "Belt and Road" into a new stage, explore diversified international markets, and strive to create more trade increment.

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