Development And Reform Commission: Analysis Of Economic Operation Of Textile And Garment Industry In 1-5

This year, our country Spin The industry maintained a good momentum last year, steady growth in production, increased investment and stable internal and external sales, but production, Investment Compared with the beginning of the year, major indicators such as exports have slowed down.

1, steady growth in production and slow growth. In 1-5 months, the total output value of Industrial Enterprises above the scale of textile industry reached 1 trillion and 990 billion yuan, an increase of 30.15% over the same period last year. Output growth showed a decreasing trend from month to month, while 1-5 months decreased by 1.8, 1.45 and 0.4 percentage points over 1-2 months, 1-3 months and 1-4 months respectively. In the main products, the output of yarn, cloth, clothing and chemical fiber in 1-5 months was 10 million 800 thousand tons, 22 billion 900 million meters, 9 billion 300 million pieces and 10 million 384 thousand tons respectively, representing an increase of 10.1%, 15.5%, 11.9% and 14.4% respectively, and the growth rate decreased by 7.3, 1.7, 1.7 and 7.3 percentage points respectively.

2, the momentum of investment is stable, and the downward trend has emerged. Since the textile industry has been improving since last year, especially the transfer of industries to the central and western regions has accelerated the rapid growth of investment. According to the statistics of National Bureau of statistics, the investment in textile industry increased by 36.2% in 1-5 months, but decreased by 4.3, 2.2 and 0.5 percentage points respectively compared with 1-2, 1-3 and 1-4 months. Among them, the investment in the three major industries of cotton spinning, chemical fiber and clothing increased by 39.7%, 66.4% and 39.6%, respectively. Cotton spinning and clothing increased by 5.9 and 6.3 percentage points respectively compared with the first quarter, and the chemical fiber industry dropped 42.6 percentage points.

3, export prices are rising, and volume growth is decreasing. In the 1-5 month, the export volume of China's textile and clothing products continued to grow, including clothing exports of 51 billion 290 million US dollars, an increase of 23.1%, and textile exports of US $37 billion 550 million, an increase of 31.5%. With the rising cost of labor and raw materials, domestic export enterprises have increased the price of products, and the growth of textile and garment exports is mainly related to the price increase of products. According to statistics of China Textile Industry Association, the price of China's export textile and clothing has increased by 21.5% in 1-5 months, and the actual export volume has increased by only 3.9% over the same period last year.

4. For the domestic market The market is strong and the supporting ability is remarkable. Driven by the domestic demand market, the domestic sales of textile industry have achieved steady and rapid growth. According to the statistics of National Bureau of statistics, the domestic sales value of Enterprises above Designated Size reached 1-5 yuan in the month of 1 trillion and 600 billion, an increase of 32% over the same period last year, and the value of domestic sales accounted for 82.7% of the gross output value of textile industry. In 1-5 months, the total retail sales of consumer goods increased by 16.6% over the same period, of which apparel retail sales increased 23.5% over the same period last year, and the growth rate was 6.9 percentage points higher than that of the total retail sales of social consumer goods.

Generally speaking, the current textile enterprises are faced with the "three shortage and one high" dilemma of "labor shortage", "financing shortage", "electricity shortage" and high cost. Because of the sharp fluctuations in raw material prices, the rapid increase in labor costs, the continued appreciation of the renminbi, the slow growth of market demand, coupled with tight money and tight electricity, the impact on the small micro textile and garment enterprises has been greater. The pressure on continuous improvement is increasing, and the situation facing the industry is grim. Although the domestic demand market is still expected to continue to achieve steady growth, it is expected that the growth of the main economic indicators of the textile industry will further slow down in the second half of this year.