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    The Number Of Loss Making Enterprises And The Amount Of Losses Have Risen Sharply, Becoming The Current Situation Of Hebei'S Textile Industry.

    2012/5/14 9:25:00 42

    Textile IndustryCotton ClothingGarment Industry


    In May 11th, the reporter learned from the Hebei Federation of industrial economy.

    Textile industry

    Still maintained a high speed development, the added value increased by 25.74% over the same period, higher than the average growth rate of 12.24 percentage points in the whole province, but the deficit enterprises 120, an increase of 22.45% over the previous year. The total loss was 258 million yuan, an increase of 286.30% over the same period last year. The number of deficit enterprises was nearly double that of last year's total loss, and the loss in one quarter reached half of the total loss last year, which is 3.86 times the loss in the first quarter of last year, and the number of loss making enterprises and losses increased sharply.


    It is understood that the European debt crisis continues to escalate and the instability and uncertainty of the world economic recovery increase. As the main body of the international market, the recovery of the developed economies such as the United States and Europe is weak, the unemployment rate remains high, and consumer confidence is low. These factors restrict the demand of developed economies for China's textile and clothing products.


    In addition, cotton prices have been maintained at around 19500 yuan / ton this year, 3000 yuan / ton higher than imported cotton prices.

    The difference between the inside and outside cotton prices has not only increased the burden of the cotton spinning enterprises, but also reduced the competitive advantage of the textile industry in the international market.

    In 1-2, due to the lower international cotton prices, the unit price of imported cotton yarn decreased by 15.1%, and the number of imported cotton yarn increased by 26.2%. In the same period, the number of exported cotton yarn decreased by 19.3% compared with the same period last year.

    Cotton garments

    The number dropped by 16.2% over the same period last year.


    "Financing difficulties and financing also increase the burden on enterprises."

    Hebei textile

    Garment industry

    Sun Shuqiang, vice president of the association, said: "nowadays, a large number of small and medium-sized enterprises in the textile industry are facing not only financing difficulties, but also the problem of financing.

    Most textile small and medium enterprises have poor financing channels, so it is difficult to get credit support. Enterprises that are supported by credit have to face up to the problem of floating interest rate, acceptance of bills of exchange, difficulty in obtaining loans in full and short loan period. The interest rate that enterprises ultimately bear is generally 10%-30% higher than the benchmark interest rate.

    At the same time, in terms of employment, the wages of workers were generally raised by 5%-20% last year, and the cost of wages (including management fees) accounted for 5%-10% of the total cost.

    Management fees and financial expenses increased rapidly, up 23.27% and 39.02% compared with the same period last year.

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