Textile Materials Will Still Maintain High Prices

In January 21st, following the release of the national economic operation data of the National Bureau of statistics in 2010, the economic operation analysis of China's textile industry, which has attracted much attention from the industry, will be held in Beijing.

While fully interpreting the operational characteristics of the textile industry, the conference will also focus on the "11th Five-Year" period.

Du Yuzhou, President of China Textile Industry Association, vice president of the China Textile Industry Association, Xu Kunyuan, Wang Tiankai, Gao Yong, sun Shui Ji, Xu Wenying, director of the consumer products division of the Ministry of industry and information technology, Wang Liming, the heads of professional associations of the China Textile Industry Association, and the relevant heads of the Ministry of industry and information technology and Industry Association attended the meeting.

The meeting was presided over by Sun Huaibin, director of the China Textile Industry Economic Research Center.

According to the meeting analysis, the output value of China's textile industry increased significantly in 2010, and the linkage between production and marketing was steady, and the contribution of added value increased steadily. The output of main products increased significantly, and the total output increased continuously. The total investment continued to increase, the proportion of garment industry investment increased significantly, the industry moved faster to the central and western regions, exports continued to grow, the international market share continued to rise, the international competitiveness was further enhanced, the domestic demand market remained strong, the contribution of domestic industry continued to increase, the quality of the operation of the industry was steadily improved, and the profitability of the industry continued to improve.

The conference analyzed in detail the specific performance and role of investment, consumption and export "three carriages" in 2010 and 11th Five-Year.

First, the total investment continues to rise.

In 2010, the total investment of the whole industry reached 400 billion 600 million yuan, an increase of 1.51 times compared with 2005, and an average annual increase of 20.19% during the 11th Five-Year period.

The number of new projects has reached 8388, an increase of 75.66% over 2005 and an annual increase of 11.93% over the period of 11th Five-Year.

Second, textile exports continue to grow.

In 2010, the total export volume of the textile industry was 206 billion 500 million US dollars, an increase of 75.72% over 2005, and the average annual growth rate was 11.93% in 11th Five-Year.

At the same time, textile export competitiveness continued to improve.

Thirdly, the supporting role of the domestic market is obvious.

During the "11th Five-Year" period, the growth rate of domestic textile output continued to be higher than the year-on-year growth rate of export delivery value.

Above quota

The conference held that the sustained growth of the textile industry is also reflected in the growth of output value, output of major products and profitability of the industry.

Output value continues to grow.

In 2010, the gross output value of textile industry reached 47650 billion yuan, an increase of 1.31 times compared with 2005, and the average growth rate was 18.22% during 11th Five-Year.

In 2005 ~2010, the link between production and marketing of textile industry has been stable between 97%~98%.

The output of main products continued to grow.

In 2010, domestic chemical fiber production reached 31 million tons, an increase of 86.21% over 2005, and an average annual growth rate of 13.24% in 11th Five-Year. The yarn output reached 27 million 300 thousand tons, an increase of 88.21% over 2005, and an average annual growth rate of 13.48% during the 11th Five-Year period. The cloth output reached 79 billion meters, an increase of 63.09% over 2005, and the average annual growth rate was 10.28% during the "11th Five-Year" period.

The profitability of the industry has increased markedly.

In 2010, the profit rate and total assets contribution rate of textile industry were 5.44% and 13.89% respectively, up 1.91 and 4.72 percentage points respectively compared with 2005.