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The Primary Task Of The Textile Industry Is To Enhance Competitiveness.

2011/9/21 9:21:00 36

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Enhance Competitiveness Of Cotton Textile And Healthy Development

China in September 15th

Cotton Association

At the national cotton situation analysis conference, Wang Zhaoting, Minister of material supply department of Wei Qiao textile Limited by Share Ltd, introduced how Wei bridge textile industry can enhance the competitiveness of cotton textile industry under the current situation and promote the healthy development of cotton industry.

Wang Zhaoting first analyzed the impact of cotton prices on the industrial chain in the previous year.

He thought cotton prices jumped sharply in the previous year.

Cotton industry chain

All had a serious blow.

First, the cotton farmers were hit and the cotton farmers experienced the process of happiness and sadness.

Some cotton growers are still hoarding cotton because they are reluctant to sell.

The cost of cotton planting is rising. If the purchase price of new cotton is lower than the purchasing and storage price, it will damage the enthusiasm of cotton planting next year. Two, it brings great difficulties to the production and operation of cotton textile enterprises, and the business risk is aggravated.

Wei bridge continued to maintain a healthy balance of development through internal management and external market expansion. Sales revenue in the first half of this year was 8 billion yuan, down 3.3% from the same period last year, and realized a profit of 1 billion yuan, down 2.2% from the same period last year.

The key to keep healthy development of cotton industry is to look at it.

Cotton textile market

The quality of the situation and the strength of international competitiveness.

Cotton textile is closely related to cotton industry.

In recent years, such factors as high cost of raw materials, appreciation of the renminbi and rising financial costs have seriously weakened the competitiveness of domestic textile enterprises and exacerbated the loss of downstream orders.

Future

Global economic growth

Slowing down, the purchasing power of textiles has declined, and the resistance of China's textile and clothing exports has increased, which will affect cotton consumption. Cotton prices are facing greater pressure.

To enhance the competitiveness of the cotton textile industry requires more arduous efforts and a good policy support.

Wei Qiao textile will focus on three aspects: first, continuously optimize the industrial structure and speed up the pformation of growth mode; two, strengthen independent innovation and promote product upgrading; three, constantly strengthen basic management, and strive to reduce production costs.

Wei Qiao textile made three policy recommendations: first, to strengthen the supervision of the cotton market; two, to increase the quota of cotton imports; three, to improve the tax policy and lighten the burden on the enterprises.