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    In The First Half Of The Year, The National Textile Industry Ran Smoothly.

    2011/7/23 10:30:00 33

    Cotton Industry In Textile Industry

    July 23, Ministry of industry and information technology released the first half of 22 Textile industry Despite the adverse impact of the operation, the textile industry's production, export and profits grew steadily in the first half of this year, but the growth rate slowed down. It is expected that the textile industry will continue to grow in the second half of this year, but the risk of steady growth will increase.


    In the first half of the year, the national textile industry responded positively to the development. Economics The slow recovery of the body, the sharp fluctuations in the prices of raw materials such as cotton and the rising costs of labor and energy and other factors have led to a relatively rapid growth in production.


    Data show that in 2011 1-6 months, the scale of the textile industry above enterprise Industrial output value of 23938 billion yuan, an increase of 30% over the same period, the industrial added value of Enterprises above designated size increased by 9.9% over the same period last year. The rate of production and marketing reached 97.6%, which was basically the same as that of the same period last year.


    Investment has maintained steady growth and sales are in good condition. In 1-6 months, China's textile enterprises invested 5 million yuan or more in total investment of 295 billion 600 million yuan, an increase of 37.6% over the same period last year. Retail sales of clothing, shoes, hat and knitted fabrics increased by 23.9% over the same period last year, and the growth rate increased by 0.1 percentage points over the same period last year. Textile exports amounted to $45 billion 900 million, an increase of 28.8% over the same period last year, and the growth rate was 3.5 percentage points lower than the same period last year.


    The Ministry of industry and Commerce said that at present, China's textile industry is still facing problems such as fluctuations in cotton prices, pressure on production costs, financing difficulties of textile enterprises and increased financing costs. It is expected that the textile industry will continue to grow in the second half of this year, but the risk of steady growth will increase.

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