Economic Operation Analysis Of Printing And Dyeing Industry In The First Half Of 2014

In the 1~6 month of 2014, the printing and dyeing fabrics of scale printing and dyeing enterprises were 29 billion 403 million meters, down 0.73% from the same period last year. 1~6 months, Zhejiang Guangdong, Jiangsu, Fujian, Shandong and other five eastern coastal provinces yield 27 billion 916 million meters, accounting for 94.94% of the total output of the country. In the five provinces, the output of printing and dyeing fabrics in Zhejiang and Shandong decreased by 2.83% and 5.79% respectively, while the output of printing and dyeing fabrics in Guangdong, Jiangsu and Fujian increased by 2.14%, 5.83% and 13.87%, respectively.

In 2014 1~6, the growth of printing and dyeing fabrics in scale printing and dyeing enterprises increased by 1.59 percentage points compared with the first quarter, 4.67 percentage points higher than that of the same period last year, and the output of printing and dyeing fabrics has narrowed down. The decline has slowed down. However, the output of printing and dyeing cloth has not yet broken through the negative growth trend in the first half of the year, and the growth rate of printing and dyeing cloth has been decreasing in April.

Since 12th Five-Year, the proportion of printing and dyeing fabrics in the five provinces of the eastern coastal provinces has increased from 91.37% in 2010 to 94.94%, an increase of 3.57 percentage points. Under the situation of increasing comprehensive cost and increasing environmental pressure, the concentration level of the eastern coastal areas has been continuously improved, and the printing and dyeing industry has not obviously shifted to the central and western regions. The eastern region is still the main force of the production of printing and dyeing cloth.

Printing and dyeing in 1~6 2014 enterprise Fixed assets of more than 5 million yuan actually completed investment of 17 billion 933 million yuan, an increase of 36% over the previous year, higher than that of the entire textile industry by 19.94 percentage points, 501 construction projects, an increase of 21.60% over the previous year, 342 new projects, an increase of 22.58% over the previous year, and 164 completion projects, an increase of 74.47% over the same period last year. Among them, the actual investment amount, the number of construction projects and the number of new construction projects of cotton printing and finishing enterprises were higher than those of chemical fiber textile printing and finishing enterprises, up 41.56%, 30.04% and 37.50% respectively.

In 2014 1~6, the actual investment volume of fixed assets in printing and dyeing enterprises over 5 million yuan was 0.45 percentage points lower than that of the same period last year, down 13.31 percentage points compared with the first quarter of this year, but higher than the previous three years. The number of new projects in 1~6 months dropped by 9.02 percentage points compared with the same period last year, which is 16.37 percentage points higher than that in the first quarter of this year.

The investment scale of printing and dyeing enterprises has been greatly improved compared with the previous two years. The total investment in the industry, the number of newly started investment projects and their growth rate have increased steadily. In 1~12 months of 2013, the fixed assets investment of China's scale printing and dyeing enterprises increased by 53.02% compared with the same period in 2011, and the number of new projects increased by 32.45% over the same period in 2011.

In 2014 1~6, the proportion of printing and dyeing enterprises above Designated Size reached three, the proportion of which was 5.82%, an increase of 0.17 percentage points compared with the same period last year, down 0.28 from the first quarter. percentage point Among them, cotton printing and dyeing enterprises were 5.68%, less than 2.86 percentage points of chemical fiber textile printing and dyeing enterprises. The cost profit margin was 4.51%, an increase of 0.15 percentage points compared with the same period last year, and the profit margin of sales was 4.30%, an increase of 0.15 percentage points compared to the same period last year. The turnover rate of finished goods was 11.90 times a year, a decrease of 3.23% compared with that of the previous year, and the turnover rate of accounts receivable decreased by 5.37 times / year, representing a decrease of 1.54% compared with the same period last year, indicating that the liquidity of accounts receivable became weaker. The turnover rate of total assets was 0.67 times / year, down 2.59% compared with the same period last year, indicating that the turnover rate of total assets of enterprises was slowing down.

In the 1~6 month of 2014, the profit margins and cost profit margins of printing and dyeing enterprises above designated size increased slightly in the first quarter compared with the same period in 2013. The profit margins and cost profit margins of cotton dyeing and finishing industry increased by 0.17 percentage points year-on-year, but the profit margins and cost profit margins of chemical fiber dyeing and finishing processing decreased by 0.29 percentage points year-on-year, indicating that the management level and economic benefits of cotton dyeing and finishing industry are better than those of chemical fiber dyeing and finishing.

In the 1~6 month of 2014, the printing and dyeing enterprises above Designated Size realized the main business revenue of 177 billion 900 million yuan, an increase of 4% over the same period last year, and the growth rate was 6.36 percentage points lower than that of the same period last year, which is 1.96 percentage points higher than that of the first quarter of this year. The total profit reached 7 billion 656 million yuan, an increase of 7.75% over the same period last year, less than 16.2 percentage points of the same period last year, which is lower than 0.7 percentage points in the first quarter of this year.

In the 1~6 month of 2014, there were 300 loss making enterprises in the above scale printing and dyeing enterprises, with a loss of 16.22%, which was 2.49 percentage points lower than that in the same period in 2013, lower than the 6.8 percentage points in the first quarter of this year, and the total deficit of the loss making enterprises was 608 million yuan, up 11.06% over the same period. This shows that the industry has increased the deficit in the new round of challenges, but the deficit has narrowed and the loss is mainly concentrated in the small and medium-sized enterprises.

Exports to emerging markets. Exports to ASEAN and India maintained a two digit growth rate, the export volume increased by 24.62% and 39.37% respectively, and the export volume increased by 25.47% and 41.41% respectively. The number of exports to Russia was down by 6.18% over the same period.

In 2014 1~6, the total import and export of eight major products of printing and dyeing amounted to US $12 billion 781 million, an increase of 8.46% over the same period last year. The growth rate dropped 1.98 percentage points from the same period last year, which is 1.99 percentage points higher than that of the first quarter of this year. The trade surplus was 10 billion 153 million US dollars, an increase of 12.34% over the same period last year, a growth rate of 4.92 percentage points lower than that of the same period last year, which is 3.27 percentage points higher than that of the first quarter of this year.

Import growth was lower than the first quarter, but higher than the same period last year.

In 2014, 1~6 months, the import volume of eight major products of printing and dyeing was 641 million meters, down 8.23% from the same period last year. The growth rate increased by 0.33 percentage points compared with the same period last year, lower than the 7.16 percentage points in the first quarter of this year, and the import amount was 1 billion 314 million US dollars, down 4.31% from the same period last year. The growth rate increased by 2.97 percentage points compared with the same period last year, lower than 2.39 percentage points in the first quarter of this year. The average import price of imports was 2.05 dollars / meter, an increase of 4.27% percent over the same period last year, and the growth rate increased by about 1% over the same period last year, which is higher than that of the same period this year.

In 2014 1~6, the export volume of eight major products of printing and dyeing was 9 billion 500 million meters, an increase of 6.38% over the same period last year. The growth rate dropped 6.07 percentage points from the same period last year, which is 2.51 percentage points higher than that of the first quarter of this year. The export amount was 11 billion 467 million US dollars, an increase of 10.14% over the same period last year. The growth rate dropped by 3.16 percentage points over the same period last year, higher than 2.54 percentage points in the first quarter of this year, and the average export price was 1.21 U. S. dollars / meter, an increase of 3.54% percent over the same period last year, a growth rate of 2.54 percentage points lower than that of the same period last year, which is lower than that of the first quarter of this year.

In the eight major categories of printing and dyeing products, the export volume of cotton blended dyed fabric and cotton blended printed cloth increased by 24.18% and 91.96% respectively, while the export volume increased by 24.93% and 79.08% respectively, but it accounted for a relatively small proportion. The number and sum of synthetic filament fabrics increased by only 6.08% and 3.92% over the same period last year. In the eight major printing and dyeing products, the average unit price of cotton blended blended fabrics and synthetic filament fabrics decreased year after year. The average unit price of other products increased by a different margin compared with the same period last year. Especially for T/C dyed fabrics, the average unit price increased by 28.46% over the same period last year, indicating that the added value of the products increased. The export growth mode of China's dyed and dyed fabrics gradually changed from low price quantity type to benefit growth type and quality improvement type.

Major export markets. The top five markets for printing and dyeing were Vietnam, the United Arab Emirates, Benin, Brazil and Indonesia. The five market accounted for 26.42% of the total export volume. Five in the market, the growth of export volume has maintained negative growth in the United Arab Emirates, but has maintained an increase in the other four countries. The export volume and export volume of Vietnam increased by 12.93% and 69.76% respectively, and the average export price increased by 50.32%. The average unit price of exports to UAE, Brazil and Indonesia decreased by 7.21%, 2.38% and 1.76% respectively.

In 2014 1~6, the growth rate of eight major products exported to Vietnam was 41.25 percentage points lower than that in 2013, but the growth rate of exports increased by 26.7 percentage points compared with that in 2013.

The number of exports to the EU increased by 25.84% over the same period last year, and the export volume increased by 23.10% over the same period last year. The average price of exports to the EU and China Hongkong markets decreased by 2.17% and 4.97% respectively over the same period, and the average export price of the US exports increased by 15.96% simultaneously. Since 2008, the proportion of printing and dyeing cloth exports to the EU market has increased slightly, and the proportion of exports to Hongkong has decreased year by year. The proportion of exports to the United States and Japan has remained basically unchanged.

The export volume of ASEAN and India maintained a two digit growth rate, and the export volume increased by 25.16% and 31.55% respectively. The average unit price of exports to ASEAN and Russia increased by 20.08% and 2.14% respectively over the same period last year. Eight major products of printing and dyeing exports to ASEAN market accounted for the proportion of total exports increased year by year, the proportion of exports to Russia and India market remained unchanged.

In the 1~6 months of 2014, the growth rate of eight major products exported to ASEAN was 20.39 percentage points lower than that in 2013, but 2.21 percentage points higher than that in the first quarter of this year. Compared with the rapidly developing Southeast Asian countries, although the labor cost advantage is weakening, it still has a very obvious competitive advantage. In 2014, 1~6 of the total printing and dyeing products exported to the ASEAN market accounted for 20.71% of the total export volume, representing an increase of 5.01 percentage points compared to 2010, accounting for 24.70% of the total export volume, representing a 8.47 percentage point increase over 2010.

On the one hand, China's National Bureau of Statistics announced that gross domestic product (GDP) increased by 7.5% in the two quarter (7.4% in the first quarter) and 2% in the corresponding period. GDP grew by 7.4% in the first half of this year, and the growth target set at the beginning of the year was around 7.5%. In the first half of this year, the total retail sales of consumer goods increased by 12.1% over the same period last year. China's current economic operation is stable and is still in a reasonable range. Domestic demand continues to be a driving force for China's economic growth.

In addition, China has increased its support for foreign trade policy. While vigorously promoting decentralization and decentralization, the general office of the State Council also put forward policies and measures for optimizing foreign trade structure, improving the foreign trade environment, strengthening policy guarantee and enhancing the competitiveness of foreign trade enterprises in May. Subsequently, the Customs General Administration also issued as many as 20 specific measures. These policies to promote the spanformation and upgrading of foreign trade and stabilize exports are one of the important reasons for the obvious improvement of China's foreign trade in May. It is expected that with the introduction of the following detailed rules, the policy effect will be further revealed, and the trend of export improvement will continue, but the current situation is still more complicated, and the Chinese economy still faces certain downward pressure.

On the other hand, the international market demand is expanding. Despite the fact that there are more unstable factors in the world economy, the momentum of slow recovery is continuing. China's imports and exports to the European Union, the United States, ASEAN and Japan have maintained growth. In the first 5 months, bilateral trade between China, Europe, the United States, China and ASEAN and China and Japan increased respectively.