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    China'S Textile Industry Will Accelerate Pformation And Upgrading

    2012/3/16 12:12:00 19

    International Market Profit Apparel

    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 the China Federation of textile industry, last year, the main indicators of China's textile industry maintained a relatively fast growth, running smoothly, but at the same time, the risks faced by the industry increased significantly compared with the previous year.

    Raw material price

    Ups and downs, rising production costs,

    financing

    Environmental tightening and other factors have increased external pressure. The main economic indicators of the textile industry have slowed down, especially in the export volume and industry profit growth.

    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.

    This year, due to weak external market, raw materials and labor

    cost

    With the increase of other unfavorable factors, China's textile industry, which is dominated by small and medium-sized 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 international market demand will not shrink significantly, especially the basic needs of China's domestic demand market has not changed. The income growth of urban and rural residents will remain at a speed not lower than that 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.


    The Federation of Chinese textile industry has revealed that in the current situation of "difficult recruitment" and "labor cost" rising sharply, the basic management and information application will be strengthened this year, and labor productivity will be increased and production costs reduced. At the same time, technological pformation and upgrading of equipment will be accelerated, and new product development and product added value should be strengthened.

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