The Textile Industry Is Warming Up And The Downward Pressure Has Increased By 2.

In the same period, the main

Steady growth of investment and structural adjustment

Since the beginning of this year, affected by the rapid growth of domestic demand market and the recovery of exports, the investment in fixed assets of China's textile enterprises has increased steadily, and the pace of regional structural adjustment has been further accelerated.

According to statistics, from 2010 to May, the total investment in fixed assets of the textile industry over 5 million yuan reached 116 billion 187 million yuan, an increase of 19.87% over the same period last year, and the growth rate was 14.17 percentage points faster than that of the same period last year. However, it slowed down 0.08 percentage points from 1 to April this year, and also reflected a slight slowdown in investment in the industry at present.

From the perspective of the regional structure of the industry investment, the investment growth rate in the central region has reached 38.15%, and the investment growth rate in the western region has reached 45.64%, which is higher than the average growth rate of the whole industry by 18.28 percentage points and 25.77 percentage points respectively.

At the same time, the proportion of investment in the central and western regions has increased by 6.29 percentage points over the same period last year, reaching 44.27%, reflecting the pace of regional structural adjustment in China's textile industry.

Profits improved significantly, operation quality was strengthened.

Since the beginning of this year, the profitability of China's textile industry has improved significantly compared with the same period last year, with the significant increase in exports, the continuous improvement of domestic sales and the acceleration of structural adjustment within the industry.

According to statistics, from 1 to May 2010, the total profits of textile enterprises above Designated Size totaled 71 billion 901 million yuan, up 61.10% from the same period last year, and the growth rate was 61.24 percentage points higher than that of the same period last year.

The profit margin of the whole industry was 4.43%, an increase of 0.91 percentage points over the same period last year.

At the same time, the operation quality indicators of the industry have also been improved.

According to statistics, in 2010 1, May, the output value of new products of textile enterprises above designated size increased by 34.91%, the growth rate was 8.36 percentage points higher than the total industrial output value, and the output value of new products reached 6.56%, representing a 0.41 percentage point increase over the same period last year.

Over the same period, the labour productivity of Enterprises above the industrial scale (calculated according to the gross industrial output value) was 378 thousand and 300 yuan / person, an increase of 24.87% over the same period last year.

The three fee ratio of the industry was 6.03%, down 0.40 percentage points from the same period last year.

The turnover rate of finished products was 18.71 times per year, up 25.12% from the same period last year.

The downside risk is still large.

Overall, our country

Prices of production factors go up too fast.

This year, prices of cotton and other raw materials have continued to rise.

According to the relevant data, by July 14th, the 328 grade cotton in China has risen to 18403 yuan / ton.

The high cotton prices make the production enterprises miserable.

Coupled with the continuous rise in labor costs and fuel power costs, the rising price of production factors has become a prominent pressure facing the industry at this stage.

The reform of RMB exchange rate has started again, which has enhanced the flexibility of RMB exchange rate.

At present, the renminbi shows a gradual appreciation in the concussion.

According to relevant data, in July 12th, the yuan hit a new high since the reform of the exchange rate, and the middle price of the US dollar reached 6.7718, which will undoubtedly affect the export of the industry.

Slowdown in overseas economic recovery

The eurozone's sovereign debt crisis is still lingering. Data on the recent purchasing managers' index and retail market growth in the US market also show signs of slowing economic recovery.

The prospect of global economic recovery is so perplexing that the export market faced by China's textile industry is hardly optimistic.