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The Economic Situation Of The Major European Countries Is Stable &Nbsp; The Textile Enterprises Still Have The Opportunity

2012/1/11 10:30:00 17

Europe'S Economic Stability And Textile Industry

This afternoon, the seventh annual conference of China spinning round table forum was held in Beijing.

Zhang Yansheng, former director and researcher of the Foreign Economic Research Institute of the national development and Reform Commission, said that at present, the economic situation of some major European countries is relatively stable, and the textile industry is one of the competitive industries in China, even in 2012.

dilemma

There are still opportunities for excellent textile enterprises.

Business opportunity


The following is the full text of Zhang Yansheng's speech:


First of all, thank our hosts for asking questions. I want to talk about Europe and America from 2012 this year.

Economics

Indeed, as we have just said, it will still be bad.

I generalize it into three characteristics, one is lack of demand, the other is lack of confidence, and the third is lack of means.

Last month, I went to Europe and the United States respectively. When I was in the United States, some of our American counterparts, some economists, including some very important officials, all reflected a concern, that is, whether the European and American economies would fall into Japanese style, a relatively long economic stagnation, and the other side was very worried about whether China and emerging markets would slow down. Then, these two worries were united.


From Europe, in fact, we know the integration of European economy. At present, two key steps have not yet taken place. One step is the integration of finance, and one step is constitutional integration, mainly the integration of politics and diplomacy. These two steps have not gone.

Therefore, I personally observe the sovereign debt that Europe does not have. We say that two European countries are competing, one is Europe which is in debt trouble, and Europe is not in debt dilemma. No one wants to waste this crisis. They all want to make Europe take a step forward in the aspect of fiscal integration through this crisis.


In fact, this political contest actually makes people heartbeat.

Because we know that the economy has a built-in rate. If global investors' confidence can not be reached quickly in the political contest, especially in the internal political contest, the internal agreement can be reached, and the current plight of European debt can be bottomed out, which can be very worrying that European bond debt will not be separated from people's control.

Because we know that the European economy is, after all, the richest economy in the world. When I was in Europe last month, including in Brussels and France, I expressed the idea that the Europeans were fully capable of saving themselves. If Europeans could achieve their political consensus on the 27 countries, plus international assistance, together with the same boat, the crisis could not actually deteriorate as people thought.

But if we fail to do so, it will be a disaster for the world and for Europe.


So, for our textile and garment enterprises, I personally think that at present, because of the European debt crisis, there are still problems in global investor confidence, so the euro is depreciating.

Under such circumstances, the main economies in Europe are like those in Germany.

Therefore, in this case, our textile and garment enterprises, as a competitive industry in China, still have opportunities in Europe even in 2012 this year.


I did go a little bit more recently. I personally feel that the fundamentals are stable. At present, the whole world is worried about whether there will be an economic recession. But I personally feel that in 2012, for our enterprises, especially the excellent enterprises, there should still be more business opportunities this year.

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