In the first May, China's exports of real silk goods fell by more than 9 per cent year-on-year

In the first May of 2016, China's exports of pure silk commodities were 989 million US dollars, down 9.12% year-on-year, nearly 7 percentage points higher than the 1.97% decline in China's textile and apparel exports. China Textile Import and Export Chamber of Commerce revealed on the 13th that in the first May of this year, China's total trade volume of pure silk goods was 1.077 billion US dollars, down 8.74% year-on-year. The trade of pure silk goods accounted for 0.98% of the total trade of China's textile and garment. In the first May, the exports of China's real silk commodities to its main markets were mixed, with the decline in exports to Europe and the United States widening, but exports to Asian countries and regions increased. Industry experts believe that the factors affecting the economic operation of China's real silk industry mainly include the slowdown of world economic growth, the increase of uncertain factors, and the growth rate of developed economies to remain low. In addition, the comprehensive cost of rising, fierce international competition, environmental protection tasks are still testing the ability of the entire industry to adapt. Further accelerating the transformation and upgrading is the key to the future development of China's real silk industry. With the gradual emergence of the transformation and upgrading of China's textile enterprises, the industry is expected to improve China's silk commodity trade in the second half of the year, but the downward pressure is still not to be underestimated.