Policy "Combined Boxing" Urges The Textile Industry To Develop Healthfully

The Chinese government is making every effort to expand domestic demand. Following the approval of the Ministry of Railways's 2 trillion yuan railway investment plan last month, the State Council has introduced 10 measures to expand domestic demand and set up a 4 trillion yuan investment plan. In November 19th, the State Council held a standing meeting to discuss and identify 6 incentives.

Policies and measures for healthy development of the industry include further reducing the tax burden on enterprises, raising the export tax rebate rate for textiles, clothing and some light industrial products, and raising the export tax rebate rate for textile and garment products to 17%.

This is the fourth large-scale export tax rebate rate raised in China in the second half of this year. The tax rebate rate for some commodities has only been raised for the past week since the last time. It shows that the central government attaches great importance to the textile and other labor-intensive industries.

Apart from continuing to increase the export rebate rate of textiles, clothing and some light industrial products, and clearing and canceling all kinds of unreasonable charges involving textile enterprises, the meeting also decided to suspend the margin trading policy of light textile processing trade, make full use of the central foreign trade development fund to support light textile enterprises to carry out marketing, R & D and M & A, intensify the technological pformation of light textile industry, and promote industrial upgrading, so as to escort the healthy development of China's textile industry.

When the policy is put together, the textile industry is expected to bloom in another village. News has led to strong trading on textile stocks on Thursday, such as Tianshan textile (market forum information), Shenda shares (market forum information), Sha Sha shares, Shenzhen textile A (market forum information), Phoenix Bamboo textile (market forum information), Fujian Nanfang textile (market forum information), China Textile share (market forum information), Nanfang share market (market forum information) and so on.

The textile industry has always been a traditional pillar industry and a dominant industry in China, which is related to the whole employment situation. Therefore, the Chinese government has introduced various preferential policies to help light textile enterprises tide over difficulties.

In the textile sector, Mei Da shares (market forum information) (000782) is the largest production base of nylon in China, with an annual output of 100 thousand tons of nylon 6 slices, 70 thousand tons of filament and 4 thousand and 800 tons of high-grade knitted fabric. Nylon 6 is made from ring opening polymerization of petro monomer and caprolactam. In the first half of this year, the price of caprolactam has been running at high level with international oil prices.

From 147 US dollars / barrel to 54 US dollars / barrel, it dropped 2/3, the price of caprolactam is expected to fall sharply, resulting in a sharp decline in the company's production costs, making great profits.

Mei Da shares (market forum information), the largest shareholder of Guangdong Tianjian group, has the strength of the largest decoration material market in Southern China, Tianjian decoration city. The chairman of the US Stock Exchange (market forum information) Liang Guangyi gave birth to Liang Weidong, the founder of Tianjian group in October this year.

The fibers made of nylon 6 chips are characterized by high wear resistance, fatigue resistance and good dyeing properties. Among them, low viscosity chips are mainly used for making silk stockings, nylon clothes, umbrellas and parachutes for civilian silk, while industrial yarn can be used for carpet, fishing net, production line conveyor belt, etc. medium and high viscosity chips are mainly used for engineering plastics, which are used for manufacturing electrical accessories, door handles, brackets, gaskets, vacuum tubes, etc.

Mei Da shares (market forum information) also produces all kinds of flash high value-added Kun Lun fibers. The production scale of Jin Lun fiber ranks first in the country. The company ranks first in the industry in terms of speed, scale, quality, efficiency and export earning.

Mei Da shares (market forum information) has formed a large scale modern enterprise with polymer polymerization and chemical industry as the leader, chemical fiber new material as the main body, and nylon 6 polymerization, spinning, weaving and dyeing as one. It is China's largest and strongest nylon base.

In addition to the new headquarters, there are three subsidiary companies in Sichuan Nanchong Meihua and Hunan Changde Meihua and Tsuruyama Mika.

According to the future growth trend of the nylon industry and the law of the enterprise life cycle, the current oil price has dropped to 2/3, the price of caprolactam has dropped sharply, the company's production cost has also dropped significantly, coupled with the internal reform and adjustment in recent years, the hardware facilities of the enterprises have been constantly improved, the management foundation has been consolidated, and the contradictions and problems are being solved step by step. The internal conditions and external environment are conducive to achieving a new leap in the enterprise.

When China is trying to stimulate domestic demand, there are frequent heavy punches to support the textile industry, and the export tax rebate rate has reached the highest point in history. We believe that the textile industry will usher in a new development in the future. It will also bring the pulling effect to the chemical fiber products of the United States stock market (forum information), and the price of crude oil is falling continuously. The price of nylon 6 raw caprolactam has dropped sharply, and it has made a good turn for the US stock market.

In October this year, the chairman of the board of directors will be replaced.

Mei Da shares (market forum information) on Thursday strengthened with the textile stocks, and the deal was active.