The Steady Growth Trend Of Textile Industry Has Not Changed.

Data released by the Ministry of industry and information in January 5th showed that China has been developing since 2011.

In 2011 1~11 months, the industrial added value of textile enterprises above designated size increased by 10.5% over the same period last year, the growth rate increased by 0.6 percentage points compared with the first half of the year, and the production and marketing rate was 97.7%, an increase of 0.1 percentage points from the first half of this year.

1-11 months, China's yarn production 26 million 320 thousand tons, an increase of 12.4% over the same period; cloth production 56 billion 800 million meters, an increase of 13.2% over the same period; chemical fiber production 30 million 740 thousand tons, an increase of 14.9% over the same period; clothing production 23 billion, an increase of 8.5% over the same period.

In 1-11 months, China's textile enterprises invested 5 million yuan or more in total investment of 610 billion 200 million yuan, an increase of 34.7% over the same period last year, and the number of new projects increased by 1.78% over the same period last year.

Among them, the cotton textile industry invested 150 billion 300 million yuan, an increase of 36.8% over the same period, and the chemical fiber industry invested 66 billion 500 million yuan, an increase of 45.8% over the same period last year.

In 1-11 months, textile exports amounted to 86 billion 400 million US dollars, up 24% over the same period last year. The growth rate dropped 4.8 percentage points from the first half of the year, down 5.6 percentage points from the same period in 2010. Clothing exports 139 billion 800 million US dollars, up 19.5% over the same period last year. The growth rate dropped by 4.2 percentage points compared with the first half of the year, and 1.7 percentage points lower than the same period in 2010.

In 1-11 months, the textile industry's main business revenue was 48072 billion yuan, up 27.4% over the same period last year. The growth rate dropped 3.1 percentage points from the first half of the year, which is 0.8 percentage points lower than that of the same period in the whole country.

The total profit was 246 billion 600 million yuan, up 26.6% from the same year, and the growth rate fell 14.7 percentage points from the first half of the year, which was 2.2 percentage points higher than the national industry in the same period.

Currently, there are four major problems.

First, there is a big gap between domestic and foreign cotton prices.

In the past 3 months, domestic cotton prices have been maintained at 19000~19800 yuan / ton due to temporary purchase and storage.

In December 29, 2011, the domestic standard cotton price was 19173 yuan / ton, while in December 27th, the import cotton discount and sliding quasi tax price was 17164 yuan / ton, which was 2009 yuan / ton lower than domestic cotton price.

New York futures March delivery price of 91.63 cents / pound (discount tax quasi tax 15341 yuan / ton), lower than the current domestic cotton price 3832 yuan / ton.

The gap between domestic and international cotton prices is large, which makes China's textile competitiveness more influential.

Two, the international economic recovery is slow.

Since 2011, the world economic growth has slowed down, the growth rate of international trade has dropped, various risks have increased significantly, and the instability and uncertainty of the world economic recovery has increased.

In 2011 1~10, the number of imported cotton products from the United States dropped by 12.27% over the same period last year, and the number of imported cotton products from China dropped by 17.56% over the same period last year.

Three, the problem of capital is still outstanding.

Financing difficulties and financing are prominent in the textile industry.

Interest rates for textile enterprises generally rose.

In 2011 1~10, the interest expenses of textile enterprises increased by 37.2% compared with the same period last year. Tight funds led enterprises to reduce inventories and the prices of products dropped.

Four, the speed of technological progress of enterprises is not suited to changes in the external situation.

At present, the endogenous driven development mode has not become the mainstream of the whole industry development. Most enterprises develop mainly by quantity and cost.

The industry can still maintain steady growth.

Looking forward to 2012, the world economic situation will remain very grim and complicated. The uncertainty of world economic recovery will increase, and international trade will maintain growth. However, the rapid growth will be faced with greater pressure.

Although domestic labor costs and resource and environmental costs have been increasing in recent years, China's textile industry has complete industrial chain and advanced technology level, and its advantages in international competition still exist.

It is estimated that the growth rate of textile and garment exports in 2012 will not be lower than the growth rate of international trade in the same period.

The central economic work conference identified the general keynote of economic development in 2012, and stressed the four key tasks of expanding domestic demand, developing the real economy, accelerating reform and innovation, ensuring and improving people's livelihood.

With the deepening of national reform and macroeconomic regulation and control, the domestic economy will maintain steady growth, and domestic textile and clothing consumption will continue to grow. The growth rate is expected to be basically the same as in 2011.

In conclusion, the textile industry is expected to maintain a steady growth this year.