Textile And Garment Industry Continued To Rebound In The First Two Months

In the 1~2 months of this year, the prosperity of China's textile and garment industry continued to rise.

At the same time, due to the relatively low base in the same period last year, the operation data of all aspects of the industry in 1~2 months showed a substantial recovery this year.

This is the news from the China Textile Industry Association in the first quarter of 2010 textile economic operation analysis meeting.

The analysis meeting held in April 8th carried out specific explanations and Analysis on the three aspects of the operation of 1~2 industry in 2010, including the basic operation of the industry, the main influencing factors, and the trend and forecast of the industry in 2010.

The analysis showed that the growth rate of production and sales in the whole industry rose significantly in 1~2 months this year. The total output value of textile industry increased by 27.05% compared with the same period last year, and the sales output value increased by 27.08% over the same period last year, all of which have reached a new growth rate in recent years.

Each sub industry has played a positive role in promoting the growth of the total industrial output value of the whole industry. The output value of cotton textile industry is the highest, followed by the clothing and chemical fiber industry.

Production and sales of enterprises below scale are faster than above scale enterprises, and the output of chemical fiber, yarn, cloth, clothing and other main products has increased considerably.

Industry profits rose rapidly compared to the same period last year.

The total profit realized in 1~2 month was 22 billion 817 million yuan, an increase of 74.59% over the same period last year, a 85.06 percentage point increase over the same period last year, and the profit growth of Enterprises above designated size was faster than that of enterprises under the scale.

Industry wide investment growth continued to pick up.

In 2010 1~2, the total investment in fixed assets of the whole industry was 21 billion 872 million yuan, an increase of 23.26% over the same period last year.

With the quickening pace of regional structural adjustment and the increasing investment in the central region, the investment in the central region increased by 33.41% in the 1-2 months of this year, which is higher than that in the eastern and western regions by 13.98 percentage points and 16.17 percentage points respectively.

Meanwhile, the proportion of investment in the central region has continued to increase, but new projects are still not active, and new projects in the industries of linen, chemical fiber, clothing, printing and dyeing, and finished products are all down compared with the same period last year.

Textile and clothing exports grew rapidly.

In 2010 1~2, China's textile and clothing exports totaled US $28 billion 974 million, up 29.07% over the same period last year, and the growth rate was 43.85 percentage points higher than the same period last year.

The recovery rate of textile export growth is obviously faster than that of clothing. In terms of regions, China's exports to developing economies are faster than those of developed economies, and exports to ASEAN have increased significantly.

Domestic consumption has become an important support for the industry, and domestic sales continue to grow rapidly.

In 1~2 months, the output value of domestic sales increased by 30.35% over the same period last year, 23.72 percentage points faster than the same period last year.

The growth rate of Garment Retailing is faster than that of the social average by 5.4 percentage points, among which the domestic sales situation of the enterprises below scale is faster than that of the above scale enterprises.

The employment situation in the industry has eased.

In 1~2 months, the employment of Enterprises above designated size increased by 0.55% over the same period last year, and the growth rate increased by 1.56 percentage points over the same period last year.

The employment of enterprises in chemical fiber, printing and dyeing, and finished products industries increased rapidly, and the employment growth in the central region was obvious.

Conference analysis pointed out that this year's opening up, textile economic indicators of rapid growth, first of all, the same period last year, the base is relatively low.

Secondly, from the international environment, entering the 2010, the global economy bottomed out after the crisis and showed a trend of rising tide.

The consumption demand of the international market has obviously enlarged, and the overall export of the industry has shown a trend of upward trend. The increasing trend of the commercial market replenishment order of the main market is obvious, which has injected stronger impetus to the short-term growth for export growth.

Some industry experts believe that with the reduction of orders to real demand, the growth rate of trade exports in the second half of this year will be eased.

In addition, the international market demand is still fluctuating. The pressure of trade protectionism and RMB appreciation will have an impact on the export of textile and garment industry.

Domestic, in 2010, the national macroeconomic policy will continue to improve, the domestic demand market will continue to grow strongly, and the industry production and marketing will continue to grow.

However, because of the rising cost of raw materials, labor costs and other resource elements, the profit margins of enterprises will be squeezed. In addition, SMEs' financing difficulties and unreasonable regional economic layout are also restricting the development of enterprises.

Du Yuzhou, President of China Textile Industry Association, stressed that we should correctly regard the achievements made by the textile industry in 2010.

This year is the last year of the implementation of the "11th Five-Year plan". It is also the second year for the implementation of the textile industry readjustment and revitalization plan. The whole industry should take the further implementation of the rules for the outline of science and technology development as the main line, actively pform the development mode, speed up the pace of industrial restructuring, optimize the layout of the region, work hard in technological innovation, brand innovation and management innovation, and lay a solid foundation for the pformation from a big textile country to a strong textile power.