The basic situation of the economic operation of the textile industry

 

　　 1. Production growth is slow

 

　　 Since 2017, the production growth of my country's textile industry has been relatively stable. According to 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 keep growing

 

　　 Affected by factors such as increased demand in the international market, my country’s textile and apparel exports have improved significantly since the beginning of this year. According to my country’s customs data, from January to August 2017, my country’s textile and apparel exports amounted to 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%. On the whole, the growth momentum of my country's textile and apparel exports continues to maintain.

 

　　 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, which has supported the growth of domestic consumption. From January to August 2017, the national retail sales of clothing, shoes, hats, needles and textiles above designated size was 931.3 billion yuan, a year-on-year growth rate of 7.3%, an increase of 0.1 percentage points from the same period last year. At the same time, the growth rate of retail sales this year has also maintained growth. Trend: In the same period, the national online retail sales of clothing products increased by 19.6% year-on-year, an increase of 2.7% over the same period last year.

 

　　4. 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 a decrease of 0.82 percentage points from the investment growth rate of 7.77% in 2016. From the perspective of investment regional structure, the investment growth rate of the eastern region and western region were 7.81% and 8.40%, respectively, which were higher than the industry average. From the perspective of the industry structure of investment, the 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 performance

 

　　 The quality of operation is steadily improving, and the main business income and total profit have increased rapidly. From January to July 2017, textile enterprises above designated size realized revenue from main operations of RMB 4,319.38 billion, a year-on-year increase of 9.1%, and the growth rate was 3.6 percentage points higher than the same period last year. From the perspective of the internal industry structure, since 2017, in the entire textile industry chain of China, chemical fiber has contributed significantly to the industry's new profits. The textile machinery industry 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 and technology updates has increased.

 

　　The main problems facing the textile industry

 

　　 1. The cost burden is heavier, and the price difference between domestic and foreign cotton is widening

 

　　 The cost burden of textile companies is still heavy. Fuel power cost, labor cost, raw material cost, etc. are gradually increasing, which is an important issue generally faced by my country's textile industry. Increasing cost pressure is also an important reason why textile companies are less motivated to invest in China, and some companies are turning new investments overseas.

 

　　In July and August, the spread of domestic and foreign cotton prices has accelerated, especially the decline in international cotton prices, which may further increase the demand for imported cotton yarn. Chinese spinning enterprises are facing greater pressure from international market competition.

 

　　 2. Environmental protection pressures facing the industry increase

 

　　 Zhejiang, Jiangsu and other southeast coastal provinces have stricter sewage discharge standards, and many printing and dyeing factories are facing the risk of shutdown. For example, in Jiaxing, Zhejiang Province, due to excessive antimony in the Taipu River, the dyeing plant's production limit is 50%. In 2017, the Xiaoshan area started to shut down and relocate and merge and reorganize measures. In 2021, the number of printing and dyeing enterprises in the region will be reduced to 19; Jiangsu and Shandong require combustion Coal boilers were rectified and eliminated, and dyeing plants that did not meet the standards in the previous rectification were forced to shut down; Fujian due to the impact of the Xiamen BRIC Summit in September, environmental protection has increased, and many dyeing plants in Quanzhou, Shishi and other places have reduced production and shut down; The environmental protection team was stationed to carry out a 9-month, 18 rounds of special supervision on the prevention and control of air and water pollution. Many dyeing factories in Shantou, Jieyang and other places were investigated. The printing and dyeing process is affected by the pressure of environmental protection, and many companies restrict production and stop production, which has become a bottleneck in the development of the textile industry.

 

　　 3. Competition in the international market is still fierce

 

According to U.S. customs statistics, from January to July 2017, the U.S. imported 20.697 billion U.S. dollars of textiles and apparel from China, accounting for 34.81% of the total U.S. imports of global textiles and apparel, and its share decreased by 0.69 percentage points from the same period last year; 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 imports of textiles and clothing from outside the EU, and its share decreased by 0.43 percentage points from the same period of the previous year. According to statistics from Japan Customs, January 2017 ~July, Japan imported 1,305,966 million yen in textiles and clothing from China, accounting for 59.83% of Japan’s total global imports of textiles and clothing, and its share decreased by 1 percentage point from the same period last year. It can be seen that in key international markets, the market environment faced by my country's textile and apparel exports is still fierce, and the pressure of competition is still relatively high.

 

　　Judgement of the development situation of the textile industry

 

　　 The external environment facing my country's textile industry is still complex and severe. The industry itself still needs to resolve internal contradictions, accelerate transformation and upgrading, strive to achieve steady growth, and improve development quality and efficiency.

 

　　 Preliminary estimates are that the textile industry is expected to maintain a stable operation, and the industrial added value of the industry will increase by about 5.5% to 6% year-on-year; the main business income and total profit will increase by about 8% year-on-year; it is estimated that exports will maintain a growth level of about 2% in 2017.