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    The Output Value Of China'S Textile Industry Increased Significantly In 2010.

    2011/1/29 9:14:00 143

    Domestic Investment In Textile Industry

    2010 China

    Textile industry

    Output value increased rapidly, production and marketing linkage was stable, output of major products increased significantly, all reached a record high; exports continued to grow, and international market share continued to rise.

    It is estimated that cotton and other textile materials will continue to run at high level in 2011.


    Today's information from China Textile Industry Association shows that China's textile domestic demand in 2010

    market

    Sustained and vigorous, the contribution of domestic industry increased, the quality of the operation of the industry has been steadily improved, and the profitability has been continuously improved.

    Despite the impact of the financial crisis on China's textile industry during the "11th Five-Year" period, the industry continued to grow as a whole.


    It is revealed that "

    Investment

    In the three carriages of consumption and exports, first of all, the total investment continues to rise.

    In 2010, the actual investment volume of China's textile industry increased by 1.51 times compared with 2005, and the average annual growth rate was 20% in 11th Five-Year.

    The number of new projects increased by about 76% compared with 2005, and the average annual growth rate was about 12% during 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 76% over 2005, and the average annual growth rate was 12% in 11th Five-Year.

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


    In particular, 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.

    Retail sales of clothing shoes and hats and needle textiles have been higher than the retail level of the whole society. The retail sales of clothing shoes and hats and needle textiles increased by 25% in 2010, which is 6.4 percentage points higher than that of the whole society in the same period.


    In addition, 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.

    During the period, the gross output value of textile industry increased 1.31 times in 2010 compared with 2005.


    The China Textile Industry Association pointed out that the global economy is still in the recovery stage, but due to the high unemployment rate of developed countries and the high inflation of emerging economies, the global economic growth rate will slow down in 2011, and the domestic economic growth will show a downward trend, which is mainly due to the decline in fixed asset investment growth.

    From the macro point of view, fiscal policy and monetary policy in 2011 will be "loose and tight". Fiscal policy is mainly to adjust the structure, support more people's livelihood and social security system construction; monetary policy will be based on stability; RMB will maintain a slow appreciation trend against the US dollar; textile raw materials such as cotton and chemical fiber will continue to operate at a high level.


    Industry experts stressed that 2011 is the year of the opening of the 12th Five-Year plan. China's textile industry needs to further adjust its structure and speed up its pformation and upgrading so as to enhance its ability to resist risks.

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