China'S Textile Industry Is Actively Coping With Financing Difficulties, Costs And Difficulties.

China

2011 is the year of the opening of 12th Five-Year. On the whole, the structural adjustment and industrial upgrading of the textile industry continue to advance, and the quality of operation has steadily improved. The growth of all indicators is basically normal throughout the year, and the running situation is generally stable.

However, all kinds of risks faced by the operation of the industry increased significantly over the previous year, the price of raw materials fluctuate greatly, the financing environment was tightened, the various factors and labor costs increased, and the external demand growth was low. A series of factors increased the operating pressure. The industry's production, marketing, investment and efficiency growth slowed down one quarter by month, and the profit growth rate dropped particularly.

Wang Tiankai believes that as the main body of the international market, the developed countries such as the United States, Europe and other developed countries are weak in economic recovery and the unemployment rate remains high. It is expected that the growth of demand in the international market will remain weak, and the shortage of demand, competition pressure and trade frictions faced by export enterprises will become more prominent.

Nevertheless, the basic attributes of textile and clothing as necessities of life determine that domestic and foreign market demand will not shrink substantially. Especially, the fundamentals of our domestic demand market have not changed. The growth of urban and rural residents' income will remain at a speed not lower than that of economic growth. Policies and measures to improve people's livelihood and expand domestic demand will also continue to be implemented.

Wang Tiankai said, at the same time, we should also see that although the international market competition is more intense, China's textile industry has an integrated competitive advantage formed by a mature and complete industrial system, and there are still obvious international varieties in terms of variety, quality and market share.

When it comes to the measures taken by the textile industry to cope with difficulties in 2012, Wang Tiankai stressed that measures should be taken to respond positively to the requirements of the Central Committee's "accelerating economic restructuring and strengthening the coordinated development of our own".

It includes: paying close attention to the operation of small and medium sized enterprises and export processing enterprises in coastal areas, and timely reporting to the relevant government departments their operational status and policy demands, promoting the implementation of policies on financial support and structural tax reduction for small and medium-sized enterprises, creating a good environment for them to overcome difficulties, stabilizing employment and pformation and development, strengthening industry self-regulation, standardizing market order and trade practices, preventing excessive competition, actively communicating with government departments concerned, and striving to make breakthroughs in key policy areas such as cotton circulation system reform, printing and dyeing development bottlenecks, textile enterprises' negative burden and so on; and conscientiously do well in industrial exhibitions, domestic consumption development, public platform construction, technology and information consultation, industrial pfer guidance, and autonomy.