since the second quarter of this year, the foreign trade situation so grim, Quanzhou, Fujian cotton leading enterprises Chen, vice president of Everest Group, broken pine trees the brain.

last year, international soaring cotton prices, a serious push the cost of textile production. Cotton prices did not expect the recent decline, companies end up being" the second crop of crime." Chen pine trees, said:" inventories of cotton yarn and other raw materials companies, are generally 3 months in advance procurement, but the recent decline in China's foreign cotton, all cotton textile export price diving 20%, produced the more the greater the loss."

Since March, China foreign trade growth continued to slow, monthly export growth rate of 35.8% from March to April, 29.9%, 19.4% in May, to 17.9 percent in June, four consecutive monthly decline, triggering the second half of the industry trend of foreign trade on the close attention.

by the international market volatility, tightening environmental factors such as the Chinese economy squeezed, China's foreign trade enterprises are facing a new round of survival difficulties. Related Industry analysts pointed out that in the current economic situation, foreign companies are gradually entering the transformation and upgrading of the" critical period."

in the traditional Fujian province's foreign trade, exports of traditional commodities in May this year to maintain a rapid growth, but high-tech mechanical and electrical products continued weak; as AU Optronics, strapdown electronics, Xiamen Overseas Chinese Electronic and other electronic business-to-exports to the U.S. dropped the province in May exports to the U.S. increased by only 10.1%, the growth rate down 3.6 percentage points last month.

" this year The foreign trade situation complicated than expected, although the world economy is out of the shadow of financial crisis, but international demand is not stable, especially the U.S. market is still large uncertainties." HJ, vice president of Economics of Xiamen University, said," On the one hand international market risk still exists, on the other hand, China's complex economic environment, double squeeze a serious test of foreign trade."