cost? Environmental friendly? compete? Textile bosses need to be vigilant at all times!
Basic economic operation situation of the textile industry
1. Slow production growth
Since 2017, the production growth of my country’s textile industry has been relatively stable. According to data from the National Bureau of Statistics, the industrial added value of my country’s textile industry above designated size increased by 5.1% year-on-year this year, and the output of cloth, clothing and chemical fiber increased by 3.92%, 2.13%, and 4.80% respectively.
2. Exports maintain growth
Affected by factors such as increased international market demand, my country’s textile and apparel exports have improved significantly this year compared with the previous year. According to my country’s customs data, from January to August 2017, my country’s textile and apparel exports were US$175.469 billion, a year-on-year increase of 0.8%. Among them, my country’s textile exports were US$72.101 billion, a year-on-year increase of 2.0%; clothing exports were US$103.368 billion, a year-on-year increase of 0.01%. Overall, my country’s textile and apparel exports continue to maintain growth momentum.
3. The domestic market continues to pick up
Since the beginning of this year, the income growth of domestic residents has accelerated compared with the same period last year, supporting the growth of domestic consumption. From January to August 2017, the national retail sales of clothing, shoes, hats, needles and textiles above designated size were 931.3 billion yuan, a year-on-year growth rate of 7.3%. The growth rate increased by 0.1 percentage points compared with the same period last year. At the same time, the retail sales growth rate this year also maintained Growth trend; during the same period, the national online retail sales of clothing products increased by 19.6% year-on-year, an increase of 2.7 percentage points compared with the same period last year.
IV. Investment growth slows down
Fixed asset investment in the textile industry continues to slow down. From January to August 2017, the total investment in the textile industry was 842.564 billion yuan, a year-on-year increase of 6.95%, which was 0.82 percentage points lower than the annual investment growth rate of 7.77% in 2016. From the perspective of investment regional structure, the investment growth rates in the eastern region and western region were 7.81% and 8.40% respectively, both higher than the industry average. From the perspective of investment industry structure, investment in chemical fiber and industrial industries has grown rapidly, with growth rates of 19.76% and 21.90% respectively, which are higher than the industry average growth rate.
5. Stable quality and efficiency
The operation quality is stable and improving, and the main business income and total profit have grown rapidly. From January to July 2017, textile enterprises above designated size achieved main business income of 4.31938 billion yuan, a year-on-year increase of 9.1%, and the growth rate increased by 3.6 percentage points compared with the same period last year. From the perspective of the internal industry structure, since 2017, in my country’s entire textile industry chain, chemical fiber has made a particularly prominent contribution to the industry’s new profits. The textile machinery industry has achieved a high level of profit growth of 23.02% year-on-year, showing that the entire textile industry chain has recovered and the demand for equipment support, technology updates, etc. has increased.
Main problems faced by the textile industry
1. The cost burden is heavy, and the price difference between domestic and foreign cotton is widening
The cost burden on textile companies is still relatively heavy. Fuel and power costs, labor costs, raw material costs, etc. are gradually increasing and are important issues commonly faced by my country’s textile industry. Increased cost pressure is also an important reason why textile companies are less enthusiastic about investing domestically, and some companies are shifting new investments overseas.
Entering July and August, the price difference between domestic and foreign cotton has accelerated. Especially the decline in international cotton prices may lead to further expansion of demand for imported cotton yarn. my country’s spinning companies are facing a larger international market. Competitive pressure.
2. The industry faces increasing pressure on environmental protection
The sewage discharge standards in the five southeastern coastal provinces such as Zhejiang and Jiangsu have become stricter, and many printing and dyeing factories are at risk of suspending production. For example, dyeing plants in Jiaxing, Zhejiang, have limited production by 50% due to excessive antimony in the Taipu River. Xiaoshan has initiated closure, relocation, mergers and reorganization measures in 2017, and the number of printing and dyeing companies in the region will be reduced to 19 in 2021; Jiangsu and Shandong require antimony control measures. Coal boilers were rectified and eliminated, and dyeing factories that failed to meet the standards in the early stage were forced to close down; due to the impact of the BRIC Summit in Xiamen in September, environmental protection efforts in Fujian increased, and many dyeing factories in Quanzhou, Shishi and other places reduced production and closed down; in Guangdong due to Environmental protection team moves in, carried out a nine-month, 18-round special inspection of air and water pollution prevention and control, and many dyeing factories in Shantou, Jieyang and other places were inspected. The printing and dyeing process has been affected by environmental pressure, and many companies have restricted production and suspended production, which has become a bottleneck for the development of the entire textile industry.
3. Competition in the international market is still fierce
According to U.S. Customs statistics, from January to July 2017, the United States imported US$20.697 billion in textiles and clothing from China, accounting for 34.81% of the total imports of textiles and clothing from China, and its share was higher than that of the previous year. A decrease of 0.69 percentage points over the same period; according to EU customs statistics, from January to June 2017, the EU imported 17.316 billion euros of textiles and clothing from China, accounting for 31.32% of the EU’s total textiles and clothing imports from outside the EU, and its share decreased by 0.43% compared with the same period last year. percentage; according to Japanese customs statistics, from January to July 2017, Japan imported 1,305.966 billion yen in textiles and clothing from China, accounting for 59.83% of Japan’s total textile and clothing imports from China, and its share decreased by 1 percentage point from the same period last year. . It can be seen that in major international markets, the market environment faced by my country’s textile and apparel exports is still fierce, and the competitive pressure is still high.
Judgment of the development situation of the textile industry
The external environment faced by my country’s textile industry is still complex and severe. The industry itself still needs to resolve internal conflicts, accelerate transformation and upgrading, strive to achieve stable growth, and improve development quality and efficiency.
It is initially expected that the 2 textile industry is expected to maintain stable operation, with the industrial added value of the industry increasing by approximately 5.5% to 6% year-on-year; main business income and total profit increasing by approximately 8% year-on-year; it is estimated that 2017 Annual exports will maintain a growth rate of around 2%.
AAADFWGREGTR
Disclaimer:
Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights, please contact us and we will change or delete it as soon as possible.
AA
