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With the increase of overall cost and the increase of fund pressure under the macroeconomic regulation and control, the operation pressure of the whole textile industry appeared gradually in 2008, and the deficit area of the textile industry further expanded to 24.46%.

For intermediate textile materials in the entire textile industry chain, because the two heads are under pressure, bargaining power is weaker and pressure is more obvious; the downstream garment industry is relatively light in pressure, especially for enterprises with mature brand operation, some of them have the ability to purchase prices and improve their sales price through improving the added value of products, so the future operation pattern will be relatively relaxed, among which the good news birds and seven wolves are promising.

In terms of output value and output, according to the National Bureau of statistics, the total industrial output value of the textile industry in the 1-2 months was 452 billion 333 million yuan, an increase of 16.55% over the same period last year, and the overall growth rate remained at a high level.

Among them, the industrial output value of garment industry is still relatively stable. In 2008 1-2, the total output of clothing was 2 billion 940 million, an increase of 11.47% over the same period last year.

The growth of domestic garment production still maintains a high level.

Income and profit growth both down

In the 1-2 months of this year, the total profit of textile industry began to slow down, and the total profit of the whole industry was 13 billion 580 million yuan, up 13.48% from the same period last year.

Among them, the total income and profit of textile sub industry increased by 17.08% and 18.08% respectively over the same period last year, and the growth rate decreased by 6.66 and 15.35 percentage points respectively. The growth rate of two indexes of clothing shoes and hat industry increased by 19.75% and 14.14% respectively, and the growth rates decreased by 4.12 and 10.41 percentage points respectively, respectively. 1-2.

Although the whole industry still has a certain growth rate, it is obvious that the growth of the two sub sectors' income and profit has dropped sharply in 1-2.

The decline in the industry's revenues is mainly related to the poor industry in 2008. The production and sale of the enterprises are generally related to the increase in inventories, such as gauze inventory reaching the highest level in history.

The decline in total profits is mainly related to the overall cost rise of the industry, especially the rise in labor costs and the accelerated appreciation of the renminbi.

It is understood that labor costs rose by 10-30% in 2008, which alone stimulated about 2% of the total cost of textile and clothing.

In addition, after the export tax rebate was lowered in July 1, 2007, the cost of some enterprises increased significantly, and the profit level was also affected.

At the same time, although the gross profit margin of the industry has picked up slightly, the profit margin has continued to decline, and the profit outlook is not good enough.

Gross margin of textile industry in 1-2 was 11.26%, an increase of 4.23% over the same period last year.

The gross profit margin of the textile sub industry was 10.54%, up 0.11 percentage points from the first 11 months of 2007, and the gross profit margin of the clothing and footwear industry was 14.88%, up 0.69 percentage points from the first 11 months of 2007.

However, the profit margins of the two sub sectors were 2.96% and 4.29% respectively, all of which continued to maintain a downward trend.

The decline in profits is mainly related to the overall cost increase and the pressure of funds under the macroeconomic regulation and control.

Overall, under the pressure of various pressures, the profit margins of the entire textile industry remain low, and some small businesses will be closed under harsh conditions.

In 2008 1-2, the loss area of the textile industry was 24.46%, an increase of 7.67 percentage points compared to the 1-11 month deficit in 2007.

Among them, the textile sub industry has a deficit of 24.13%, an increase of 8.44% over the end of 2007, a loss of 24.59% for clothing and footwear and an increase of 4.86% over the end of 2007.

Fixed asset investment growth decline

From the monthly growth rate of fixed assets investment, the whole textile industry is also mainly sliding below.

From the sub sectors, the growth rate of the textile sub industry in the first two months of 2008 was 12.9%, the growth rate dropped by 26.5% compared with the same period last year. The growth rate of textile, clothing, footwear and hat manufacturing industry was 26.3%, the growth rate dropped by 15.9% compared with that of the previous year, and the growth rate of chemical fiber dropped to -31%.

In the first two months of 2008, the growth rate of fixed asset investment slowed down. It has something to do with the impact of snowstorm, except that it has a certain relationship with the overall growth rate of domestic fixed investment growth.

In addition, the entire textile industry boom expected to decline, some enterprises are affected by subsequent investment confidence, may be out of the waiting stage, but also led to the decline in the growth rate of fixed assets investment of domestic enterprises.

The cyclical characteristics of the chemical fiber sub industry once again glance at the growth rate of fixed asset investment.

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