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Industry Growth Rate to Slow Down in Late Half

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Considering the market situation, the recovery of international market turned to clear. It might kept this tendency, but the sovereign debt crisis factor couldnot be ignored. Therefore, the export might grow in a slower speed comparing to first half.

For the domestic market, with the drop fo CPI figures and the favorable financial policy, the domestic demand might keep its stable growth. But considering the industry structure adjustment and the impact of macro-economy control policy changes, there are still some uncertain factors.

Currency policy, foreign exchange rate fluctation, prices rising of raw material, fuel and labor, all those factors might bring pressure for textile industry. While considered together, this industry will keep its growth tendency in the late half, with a slower growth speed