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    The First Half Of China'S Textile Industry Steadily Rebounded In The Second Half Of The Year

    2010/8/3 20:30:00 38

    Textile And Textile Industry

    In July 26th, the China Textile Industry Association annual working conference and the industry economic operation analysis meeting were held in Jilin, Jilin. The conference analyzed the economic performance of the textile industry in the first half of the year and prospected the operation of the industry in the second half of the year. Overall judgment, the textile industry in the first half of 2010 continued to grow steadily, and overall performance was good, but the growth rate was slowing down. The textile industry will continue to show a steady upward trend in the second half of this year, and the growth rate will slow down compared with the first half of the year.


    President of China Textile Industry Association

    Du Yuzhou

    Vice chairman Xu Kunyuan, Wang Tiankai and other leaders attended the meeting.

    More than 100 people from various departments, professional associations and related units attended the meeting.


    In the first half of the year, the quality and efficiency of the industry increased steadily.


    The conference analyzed the economic operation of the textile industry in the first half of 2010. Overall, the textile industry basically performed well in the first half of the year, and the quality and efficiency increased steadily. Most of the indexes achieved a two digit growth, laying a good foundation for the healthy development of the whole year.


    Production and sales value has increased steadily, but the growth rate has slowed down.

    In 1~6 months, the total industrial output value of the whole industry reached 2 trillion and 117 billion 114 million yuan, an increase of 25.45% over the same period last year, 19.01 percentage points higher than that of the same period last year, and sales value of 2 trillion and 66 billion 179 million yuan, an increase of 25.94% over the same period last year, a 19.55 percentage point increase over the same period last year.

    In the first half of this year, the industry sales ratio was 97.59%, an increase of 0.31 percentage points over the same period, and the production and marketing linkage has been better.

    The growth of output of main products slowed down. In 1~6 months, chemical fiber increased by 13.43%, up 2.86 percentage points from the same period last year, but the growth rate has been down for 4 consecutive months since the beginning of 2010. The yarn grew by 16.96%, a 7.56 percentage point increase over the same period last year, but the growth rate has been decreasing for 4 consecutive months.


    Investment and employment continued to pick up, and the pace of regional structural adjustment continued to accelerate.

    In 1~6 months, the total investment in the whole industry totaled 165 billion 256 million yuan, an increase of 22.61% over the same period, an increase of 16.26 percentage points over the same period last year, and the growth rate continued to rise.

    The total number of 4491 new projects in the whole industry increased by 14.27%, and the growth rate dropped by 7.77 percentage points over the same period last year.

    Investment in central and western regions increased significantly. The investment volume in the central and western regions increased by 46.72% and 59.97% respectively over the 1~6 months, 41.05 and 54.31 percentage points higher than that in the eastern region, and 42.60% and 34.01% respectively in the central and western regions.


    Exports have continued to recover, and the total is approaching pre crisis levels.

    Customs express data show that China's textile and clothing exports totaled US $88 billion 878 million in 1~6 months, representing an increase of 22.04% over the same period last year, representing a 33.10 percentage point increase over the same period last year.

    The total export volume of textiles was US $35 billion 652 million, an increase of 32.31% over the same period last year, and the total export volume of clothing was 53 billion 226 million US dollars, up 16.02% over the same period last year. The recovery rate of textile exports was obviously higher than that of clothing.

    From a single month, the export volume of textiles and clothing in June was 18 billion 665 million US dollars, up 33.83% from the same period last year, which is only 19 million US dollars lower than the peak before the financial crisis.


    The domestic demand market remained strong, and the contribution rate of domestic industry continued to increase.

    In 1~6 months, the value of domestic sales increased by 28.26% over the same period last year, up 17.55 percentage points from the same period last year, accounting for 81.58% of domestic sales, and 1.35 percentage points higher than the same period last year.

    In 1~6 months, the total retail sales of social consumer goods increased by 18.2% over the same period.

    Clothing and shoes

    The retail sales of needle textiles increased by 23.8% compared to the same period last year. In 1~5 months, the sales volume of clothing and needle textiles increased by 23.84% and 14.79% respectively, compared with 13.94 and 10.91 percentage points respectively.

    In the first quarter, the per capita clothing consumption expenditure of urban and rural households was 453.14 yuan and 99.93 yuan respectively, representing an increase of 13.92% and 18.95% respectively over the same period.


    The quality of operation has improved steadily and profits have increased rapidly.

    In 1~5 months, the labor productivity of Enterprises above designated size was 378 thousand and 300 yuan / person, an increase of 24.87% compared with the same period last year. The chemical fiber industry ranks first, followed by the textile machinery industry.

    The total cost of three industries was 6.03%, down 0.4 percentage points compared to the same period.

    The profit margin of the whole industry was 4.43%, an increase of 0.91 percentage points compared with the same period last year, and the contribution rate of total assets was 11.46%, up 2.08 percentage points from the same period last year.

    In 1~5 months, the total profit of the industry reached 71 billion 901 million yuan, up 61.10% from the same period last year. The growth rate increased by 61.24 percentage points over the same period last year, although it dropped 13.48 percentage points from 1~2 months, but it is still at a historical high.

    Each sub industry has played a positive role in promoting the profit growth of the whole industry, and the top three are cotton spinning, chemical fiber and clothing.


    Industry growth will slow down in the second half of this year.


    Analysis of the market situation in the second half of the year, from the international market, the current global economic recovery trend is already obvious, is expected to continue to pick up in the second half, but affected by the series of restrictive factors such as sovereign debt crisis, the economic recovery will slow down.

    Affected by this, industry exports in the second half of this year will continue to rise, but the growth rate will fall from the first half of the year, showing a trend of "before and after high."


    In the domestic market, with the continuous rapid growth of the economy, the fall of CPI growth and the support of fiscal policy, domestic demand is expected to continue to grow. However, there are some uncertainties in the domestic demand market in the second half of this year, due to the impact of credit, industrial restructuring, real estate regulation and other policies on investment.


    At the same time, it is subject to monetary policy.

    exchange rate

    The impact of policy and the rising prices of production factors such as raw materials, fuel power and labor wages will put pressure on the development of the industry.

    But on the whole, in the second half of 2010, the textile industry will continue to show a steady upward trend, and production, sales, exports and investment will achieve steady growth.

    However, due to the existence of a series of uncertainties, the industry may show a trend of "high before and after low" throughout the year, but the growth rate of the industry will slow down in the second half of the year.


    At the meeting, all the departments and professional associations of the association summarized the work of the first half of the year respectively. The first draft of the "12th Five-Year development plan for textile industry" and "the outline of the great powers for 2020" were discussed emphatically, and the amendments were put forward.

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