Ministry Of Industry And Commerce: Analysis Of The Textile Industry In The First Three Quarters Of The Year

This year, our country

In January and 1-9, the textile industry maintained a steady growth overall.

(1) steady growth in production, and growth rate was basically flat in the first half of the year.

In 1-9 months, textile enterprises above Designated Size realized 39558 yuan in total industrial output value, up 29% compared to the same period last year, and the growth rate dropped 1 percentage points compared with the first half of the year.

The industry production and marketing rate reached 97.8%, an increase of 0.2 percentage points over the same period last year.

The yarn production of textile enterprises above Designated Size reached 20 million 950 thousand tons, an increase of 11.3% over the previous year, a 0.1 percentage point increase over the first half of the year, a 44 billion 900 million increase in cloth production, an increase of 13.3% over the previous year, a 2.1 percentage point increase over the first half of the year, 18 billion 300 million increase in garment production, an increase of 9.5% over the previous year, a 3 percentage point increase in the first half of the year, and an increase of 25 million 20 thousand tons in chemical fiber production, an increase over the previous year.

(two) investment has increased rapidly, and the growth rate has dropped slightly in the first half of the year.

In 1-9 months, China's textile industry 5 million yuan or more projects actually completed 486 billion 400 million yuan in fixed assets investment, an increase of 36.2% over the previous year, and the growth rate dropped 1.4 percentage points over the first half of the year.

Among them, the cotton textile industry invested 121 billion 900 million yuan, an increase of 41.4% over the previous year, the growth rate dropped 4.8 percentage points compared with the first half; the chemical fiber industry invested 53 billion yuan, an increase of 46.3% over the previous year, the growth rate dropped 7 percentage points from the first half; the clothing industry investment 145 billion yuan, an increase of 38.4% over the previous year, the growth rate dropped by 1.7 percentage points compared with the first half.

(three) domestic demand and exports have maintained relatively fast growth, and the growth rate has been steadily rising year by year.

In 1-9 months, the retail sales of clothing, shoes, hat and knitted fabrics exceeded 545 billion yuan, an increase of 24.8% over the same period last year, and the growth rate increased by 0.8 percentage points.

Textile and garment exports increased by 186 billion 100 million US dollars, an increase of 24.3% over the same period last year, and the growth rate was 1.1 percentage points higher than the same period last year.

Among them, the export of textiles was US $70 billion 900 million, an increase of 25.9% over the same period last year, the growth rate dropped 4.8 percentage points year-on-year, and clothing exports 115 billion 200 million US dollars, an increase of 23.3% over the same period last year, and the growth rate increased by 4.3 percentage points over the same period last year.

(four) the economic growth is steady and the profit growth of the main sub sectors is higher than that of the whole industry.

In 1-8 months, the total profits of textile enterprises above Designated Size totaled 167 billion yuan, up 36.4% from the same period last year.

Among them, the cotton textile industry realized a total profit of 49 billion 800 million yuan, an increase of 39.6% over the previous year, 3.2 percentage points higher than the average level of the whole industry; the apparel industry realized a total profit of 41 billion yuan, an increase of 41.4% over the previous year, 5 percentage points higher than the average level of the whole industry; the chemical fiber industry realized a total profit of 20 billion 700 million yuan, up 39.5% over the same period, which is 3.1 percentage points higher than the average level of the whole industry.

The textile industry is expected to maintain a steady growth rate in 2011, and the growth rate is basically the same as in 2010.

First, the domestic demand market will continue to maintain rapid growth.

With the improvement of people's income and the acceleration of urbanization, the domestic demand market will continue to maintain a relatively fast growth. However, influenced by inflation and other factors, the consumption capacity of textile and clothing will be affected.

Two, stabilizing cotton prices is conducive to sustained growth of the textile industry.

Under the dual function of the new cotton market and the temporary purchase and storage policy, cotton supply is relatively adequate and cotton prices are relatively stable.

Cotton prices are expected to remain stable throughout the four quarter, which will benefit the normal production and operation of textile enterprises.

Three, the growth of international market demand will slow down, which is not conducive to China's textile and clothing exports.

Affected by the European debt crisis and the US debt crisis, the economic recovery of the developed economies is weak and the residents' consumption intention is not strong.

At the same time, the pressure of RMB appreciation is increasing, and domestic production costs continue to rise, making China's textile and apparel international.