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China'S Textile Industry Will Accelerate Pformation And Upgrading

2012/3/15 16:13:00 7

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China's textile industry, which is dominated by small and medium-sized enterprises, will still face many operational pressures this year.

The tight external environment will form a market forced mechanism, which will speed up the new round of industry reshuffle.

Learned from China Textile Industry Federation last year.

Chinese textile industry

The main indicators maintained a relatively fast growth, and the operation situation was basically stable. However, the risks faced by the industry also increased significantly compared with the previous year. The external market pressure, such as the international market downturn, raw material prices fluctuate, production costs rising and financing environment tightening, increased the main economic indicators of the spinning industry.

The profit of textile enterprises below scale increased by only 10% last year, which is far below the growth level of textile enterprises above designated size.

By this year, due to the weak external market, raw materials and labor costs, and other unfavorable factors, China's textile industry, which is dominated by small and micro enterprises, will still face many operational pressures.

Wang Tiankai, President of the China Federation of textile industry, pointed out that from the perspective of this year's development trend, the basic attributes of textile and clothing as a necessities of life have determined that domestic and foreign market demand will not shrink significantly, especially in terms of market demand.

Domestic demand in China

The market fundamentals have not changed, and the income growth of urban and rural residents will remain no less than the speed of economic growth. Therefore, with the easing of inflation pressure, the domestic demand growth of China's textile and clothing will steadily expand, and will continue to play a supporting role in the entire textile industry.

In addition, despite the increasingly fierce competition in the international market, the mature and complete industrial system of China's textile industry still has obvious competitive advantages.

The tight external environment will form a market forced mechanism, which will bring a new round of shuffling of China's textile industry, and the task of speeding up the adjustment and upgrading of textile enterprises will become more urgent.

China Textile Industry Federation revealed that the industry is facing "

Recruitment difficulties

With the sharp increase of labor costs, this year, we will strengthen the application of basic management and information technology, improve labor productivity and reduce production costs. At the same time, we will accelerate technological pformation, upgrade the advanced level of equipment, and strengthen the development of new products and increase the added value of products.