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    China'S Textile Fixed Asset Investment Growth Continued To Decline

    2009/1/7 0:00:00 54

    Since the fourth quarter of 2007, it has been affected by a combination of external demand, RMB appreciation and factor cost rise.

    Spin

    The production and operation of enterprises are facing great difficulties. The operation of the industry is facing tremendous pressure. The industry development confidence is facing serious challenges. The growth rate of fixed assets investment in textile industry has been decreasing gradually.

    In 2008 1-11, more than 5 million of China's textile enterprises fixed assets investment actually completed 247 billion 230 million yuan, an increase of only 8.8% over the same period last year, and the growth rate dropped by 22.2 percentage points over the same period last year. The planned investment of 537 billion 800 million yuan increased by only 2.2%, the growth rate dropped by 16.8 percentage points year-on-year, and 5647 new projects in the whole industry, a decrease of 370 over the same period last year.

    The continuous decline of fixed assets investment in the textile industry reflects, on the one hand, that the textile industry has gradually returned to rational investment after the rapid growth of investment in previous years; on the other hand, the textile industry has gradually returned to rational investment.

    financial crisis

    The shrinkage of the consumer market has affected the textile enterprises' confidence in the development of the textile industry in the later stage.

    According to the industry, in 1-11 months, the fixed assets of the wool textile industry actually completed investment of 8 billion 400 million yuan, and the growth rate increased by 28 percentage points. The growth rate of investment in other industries showed a downward trend. The actual investment in the cotton industry and silk industry decreased by 5.2% and 0.8% compared to the same period last year, down 37 percentage points and 38.2 percentage points respectively from the same period last year.

    clothing

    Industry investment increased by 22.4% over the same period last year, down 18.2 percentage points compared to the same period last year. The investment in the knitting industry increased by 1.1%, down 44.5 percentage points compared to the same period last year. The chemical fiber industry grew by 11.4%, down 13.2 percentage points compared to the same period last year, and the textile machinery industry increased by 13.2% compared to the same period last year, a drop of 56.6 percentage points over the same period last year.

    According to the regional perspective, the pace of investment in fixed assets of the textile industry in the central and western regions has accelerated significantly.

    In the 1-11 months, the fixed assets investment of textile enterprises in the eastern region decreased by 2.3% compared with the same period last year, while the investment growth in the middle and western regions reached 32% and 32.6% respectively.

    As the investment in fixed assets in the eastern region continued to decline, the proportion of fixed assets investment in the eastern region accounted for a significant decrease in the fixed assets investment in the eastern region. The proportion of the fixed assets investment decreased from 68% in 1-11 in 2007 to 61.1% in 1-11 this year, while the proportion in the central and western regions increased by 6.9 percentage points.

         

    The growth of fixed assets investment in the textile industry in the central and western regions is increasing.

    On the one hand, the eastern region.

    Spin

    Under the pressure of increasing resources and factor costs, enterprises have accelerated the pace of pferring to the central and western regions.

    On the other hand, it is the policy guidance of the rise of the central region and the development of the west, and a better investment environment with the undertaking of industrial pfer.

    The proportion of fixed assets investment in textile industry in the central and western regions has gradually increased, which is conducive to further optimizing the industrial layout of our textile industry and promoting the economic development in the central and western regions.

    along with

    financial crisis

    With the spread and expansion of the textile industry, the external environment of the textile industry in 2009 will be more severe. However, with the development of the policy of expanding domestic demand, the textile industry's economic operation will hopefully come out of the trough in the second half of 2009, and the confidence of the industry will also gradually recover, so as to bring the investment of fixed assets back to a reasonable level of growth.

    Editor: vivi

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