Internal And External Conditions For The Textile Industry To Maintain Steady Economic Growth

Nantong in Jiangsu Province is the national spin clothing There are more than 200 textile and clothing export enterprises in the export base. In the first half of 2013, Nantong textile and clothing enterprises above designated size achieved a total revenue of 101.336 billion yuan from their main business, up 8.77% year on year; The total industrial output value at current price was 104.914 billion yuan, up 9.1% year on year; The total profit was 5.95 billion yuan, and the total profit and tax was 8.91 billion yuan, up 0.37% year on year. In the first half of the year, the textile and clothing exports totaled US $2.98 billion, accounting for about 1/3 of the city's total exports, up 9.6% year on year.

By the end of the first half of the year, Nantong had exported 215 million pieces (sets) of clothing products with a value of 1.28 billion US dollars, up 12.59% and 7.9% year on year respectively. According to statistics, Nantong's clothing exports to Europe and the United States grew well, including 25.8657 million pieces (sets) of clothing exported to the United States, up 19.49%; 26.9216 million pieces (sets) of clothing were exported to the EU, up 13.83%. Exports to emerging markets grew strongly, with 842000 pieces (sets) exported to ASEAN in the first half of the year, up 73.8%.

The growth rate of textile, chemical fiber and silk industries increased. In the first half of 2013, the overall textile economy of Nantong was stable. In the textile and clothing industry, textile, chemical fiber and silk made steady progress and increased growth. The enterprises above the designated size in the textile industry have achieved a cumulative main business income of 38.12 billion yuan, up 13.65% year on year; The total profit was 1.99 billion yuan, up 10.25% year on year. The main business income of enterprises above designated size in the chemical fiber industry (excluding acetate fiber) totaled 12.44 billion yuan, up 26.55% year on year; The total profit was 561 million yuan, up 27.06% year on year. The enterprises above designated size in the silk industry have realized a total revenue of 2.96 billion yuan from their main businesses, up 16.65% year on year; The total profit was 106 million yuan, up 26.84% year on year.

The development of clothing, printing and dyeing industry has slowed down. Clothing industry is a traditional industry in Nantong, which has a good foundation. In recent years, its development has slowed down. In the first half of 2013, enterprises above designated size achieved a cumulative main business income of 25.36 billion yuan, up 5.35% year on year; The total profit was 1.57 billion yuan, a year-on-year decrease of 2.79%. In the first half of 2013, enterprises above designated size in the printing and dyeing industry achieved a cumulative main business income of 5.31 billion yuan, up 10.72% year on year; The total profit was 230 million yuan, down 4.71% year on year.

The industry is faced with severe challenges, and difficulties cannot be underestimated. Looking at the textile and clothing industry in Nantong, although it is running smoothly, there are also some problems: First, the growth rate of domestic demand has declined. In the first half of the year, the growth rate of fixed asset investment in the textile industry slowed down significantly; Second, the outlet pressure is still high. It will still take time for the European and American markets to fully recover, and the Japanese market will shrink; Third, the impact of the price difference between domestic and foreign cotton is still prominent.

Some people in Nantong textile industry believe that the operation situation of the textile industry in the second half of the year is still grim, but from the overall development trend, the external environment faced by the textile industry in 2013 is still better than last year. Although the international market is still depressed, there is no obvious deterioration trend, and the external demand environment is relatively stable compared with the previous year; The domestic demand market is broad, and with the implementation of various macro-control measures and stable market confidence, the growth rate of domestic sales still has room for steady improvement; The industrial structure adjustment, transformation and upgrading will continue to advance, which will strengthen the internal power of industrial development. Therefore, the economic development of the textile industry also has the internal and external conditions to continue to maintain steady growth.