China'S Textile Industry In The First Three Quarters Of 2014 Runs Smoothly.

In the first three quarters of this year, China's textile industry has been running smoothly, and most of the economic indicators have achieved positive growth.

According to the Information Statistics Department of the China Federation of textile industry, the operation of the industry has the following characteristics:

According to statistics, in 1~9 months, the output growth of major categories of textile enterprises above the national scale showed a slowing down trend.

According to statistics, 1~9 months, China's Enterprises above Designated Size yarn production 28 million 378 thousand tons, an increase of 8% over the same period, cloth production 51 billion 430 million meters, an increase of 2.68% over the same period, clothing production 21 billion 700 million, an increase of 2.65% over the same period, chemical fiber production 32 million 747 thousand tons, an increase of 7.26% over the same period.

Overall, the growth rate of yarn production dropped 0.7 percentage points from the first half of the year, the output of textile products dropped 0.34 percentage points, the output of clothing dropped 1.17 percentage points, and the output of chemical fiber dropped 0.26 percentage points.

According to statistics, 1~9 months, the textile industry over 5 million yuan fixed assets investment completed amount of 745 billion 831 million yuan, an increase of 12.93% over the same period, the growth rate is lower than the first half of the growth rate 3.13 percentage points.

From the point of view of sub sectors, mainly affected by the lack of market demand and other factors, the investment in silk industry and chemical fiber filament manufacturing industry dropped rapidly. In 1~9 months, the actual investment amount was 10 billion 128 million yuan and 34 billion 49 million yuan respectively, down 13.13% and 8.01% respectively compared with the same period last year, and the new projects in two industries declined a lot, down 21.53% and 28.27% respectively from the same period last year.

From the sub regional perspective, the growth rate of investment in Northeast China has declined sharply.

1~9 months, the three northeast provinces actually completed investment of 31 billion 540 million yuan, down 11.65% compared to the same period, 348 new projects, down 20.55% over the same period last year.

The investment growth in the western region is relatively fast. The 12 provinces and autonomous regions in the West actually completed the investment of 71 billion 100 million yuan, an increase of 21.5% over the same period last year, and the growth rate was higher than the average growth rate of the whole industry by 8.57 percentage points.

According to customs data, China's textile and clothing exports totaled US $228 billion 114 million in 1~9 months, an increase of 5.95% over the same period last year, up 1.79 percentage points from the first half of this year.

Textile exports amounted to $88 billion 244 million, an increase of 4.77% over the previous year, and clothing exports of $139 billion 870 million, an increase of 6.7% over the same period last year.

From the point of view of market share, China's exports to the EU and the United States have recovered rapidly since this year, while the growth rate of exports to the ASEAN region has dropped rapidly.

According to customs data, China's exports to the EU amounted to US $46 billion 6 million in 1~9 months, an increase of 16.37% over the same period last year, a 10.31 percentage point increase over the same period last year. Our exports to the US amounted to US $35 billion 278 million, an increase of 7.01% over the same period last year, a 0.89 percentage point increase over the same period last year, while China's exports to ASEAN were US $26 billion 37 million, up only 3.91% over the same period last year, and the growth rate dropped by 38.83 percentage points over the same period last year.

Smooth operation quality

Since 2014, the quality of textile enterprises has been stable and the efficiency has been growing steadily.

According to statistics, 1~8 months, the textile industry above designated size enterprises achieved a total revenue of 4 trillion and 228 billion 127 million yuan, an increase of 8.18% over the same period last year, and realized a total profit of 201 billion 151 million yuan, an increase of about 10.87% over the same period last year.

The average sales profit rate of textile enterprises above the scale of the country was about 4.76%, 0.12 percentage points higher than that of the same period of last year.