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    Cotton Textile Industry To Develop New Achievements By Expo

    2010/8/25 19:47:00 33

    Financial Crisis

      

    China

    Spin

    Xu Wenying, vice president of the industrial association and President of China Cotton Textile Industry Association, said: "this autumn and winter yarn exhibition is also held at the time of World Expo, Shanghai. This will provide a good platform for exhibitors to show themselves.

    At the same time, with the help of World Expo, we can also show the new achievements made by the cotton spinning industry.


    Since the beginning of the new century, China's cotton textile industry has made considerable progress.

    In 2001, there were 34 million 430 thousand spindles in the cotton spinning industry, reaching 110 million ingots by 2009, and the yarn output increased from 6 million 600 thousand tons to 23 million 900 thousand tons, an average annual increase of 29.1%. The cloth production also increased from the initial 27 billion 700 million meters to 74 billion meters, with an average annual growth rate of 18.5%. The profit of cotton spinning industry increased from 6 billion yuan in 2000 to 38 billion yuan in 2009, and the number of enterprises increased from 3793 to 38 billion, with an average annual growth rate.

    Although the number of enterprises has increased by more than two times, employment has been increased.

    Number

    However, it was reduced from 2 million 568 thousand to 2 million 549 thousand and 700, which indicates that the labor productivity of cotton spinning industry has been greatly improved.


      

    financial crisis

    There was a certain impact on the cotton textile industry, especially in last year's industry development. Even so, the average profit margin of the industry last year was still higher than that in 2007 and 2008.

    This is mainly because the profit margin of 1/3 of the excellent enterprises in the whole industry has supported the development of the whole industry, and their average profit margin has reached 8.7%.

    Most of these 1/3 enterprises are relatively well established enterprises in the upstream and downstream industries. It is the complete industrial chain and the rich product structure that bring impetus and profits to the development of enterprises.


    This year's yarn exhibition, cotton spinning enterprises exhibiting situation has not changed much, high count yarn, pure cotton yarn, blended yarn will appear.


    At the same time, the appearance of functional yarns will also become the highlight of this exhibition. For example, most enterprises will carry yarn with flame retardant and antistatic functions.

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