China'S Knitting Industry: Low Speed Growth New Normal

In the three quarter of the year, the industrial added value was 8.5%, of which the increase in manufacturing was 9.6%, and the increase in power generation, coal and oil was 2.2%, 3.6% and 3.6% respectively.

Retail sales of consumer goods totaled 21 trillion yuan, an increase of 12%, of which 49.9% of online retail sales and 5.1% of industrial exports nationwide.

"The textile industry is no longer like the" new normal "of the national economy. It is the growth of medium and high speed. In fact, as the industry with the highest degree of marketization, we have entered the new normal of low speed growth before the national economy.

Gao Yong, vice president and Secretary General of China Textile Industry Federation, pointed out that in the Fifth Fifth Session of the China knitwear industry association, the overall analysis of the textile industry in 2014 pointed out.

In the first half of October this year, the export of China's textile industry showed a steady upward trend, while domestic demand grew downward.

"Despite the slow recovery of the world economy, our textile and garment industry has recovered faster than we expected in the world market.

Because the domestic demand that we hoped for in the past did not grow faster than we expected, so the final market situation is basically a steady development trend throughout the year.

Gao Yong said.

Gao Yong pointed out that in 2014 1~10, the added value of the entire textile industry was 7.4%, basically unchanged from the increase in the national economy. The main business income of the textile industry was 54493 billion yuan, an increase of 7.57%.

The total profit was 268 billion 300 million yuan, an increase of 9.13%, and the export volume was 254 billion 400 million dollars, an increase of 6.37%.

The export situation of textile industry was better than expected in the first 10 months, showing a steady upward trend. However, the domestic demand and export situation were just the opposite. The growth rate of total domestic demand consumption dropped from 17% at the beginning of the year to 10%.

From the two sets of import and export figures, the entire textile industry is still at a relatively stable stage of development, and the fixed assets investment in the textile industry is 12.5%.

"The textile industry is no longer like the" new normal "of the national economy. It is the growth of medium and high speed. In fact, as the industry with the highest degree of marketization, we have entered the new normal of low speed growth before the national economy.

From the perspective of the entire textile industry chain, the front end of the textile industry chain (such as cotton spinning and chemical fiber) is still in the doldrums, but the terminal of the industrial chain is basically stable.

The upgrading speed and scale expansion speed of the entire textile industry has obviously slowed down, and the textile industry has entered the economic shift period before the national economy.

According to statistics from the International Bureau of statistics on the output of main textile products in 1-10 months, the yarn output reached 31 million 790 thousand tons, an increase of 7.16%; the output of cloth was 57 billion 800 million meters, an increase of 2.5%; the output of printing and dyeing cloth was 51 billion 300 million meters, showing a slight negative growth (-0.72%); the output of non-woven fabrics was 2 million 940 thousand tons, an increase of 9.43%; the output of clothing was 24 billion 400 million, 2.71%; among them, the output of knitted garments was 12 billion 700 million, the growth was 12 billion 700 million, and the output of knitted garments was increased.

Contrary to the data at the end of last year, the output of knitted apparel was zero growth in 2013, and this year's growth rate is slightly higher than that of woven garments.

Facing the new changes in the economic environment, how should China's knitting industry adapt to the world and China's economy?

Looking for opportunities for growth in the new normal period.

Become the fundamental task of the current industry development.

In order to welcome the new 10 years of China's knitting industry, Yang Shibin, assistant president of China Textile Industry Federation and President of China knitted Industrial Association, summed up the overall operation characteristics of China's knitting industry in 2014 with the theme of "going deep into a big ship".

He pointed out that at present, the world economy has obviously differentiated, the developed economies have been better, the emerging economies are uneven, and the global economy has returned to the old system dominated by the US dollar. Under the "new normal", the sustainable development of China's economy is facing many uncertain factors.

Against this background, the purpose of industry investment is no longer employment but structural adjustment.

Although this year, the whole

The export situation is better than expected, the economic rebalancing has achieved initial results, and the "capacity" problem has been alleviated.

However, the trend of investment decline is faster than expected, the export oriented economy is highly coincident and the competition is becoming more and more obvious.

At the same time, facing the double uncertainty of government behavior and market expectations, the complexity and arduous nature of industrial restructuring will undoubtedly emerge.

"These problems that plagued the development of the industry indicate that the speed of growth is not a problem, but the structure is the problem."

Yang Shibin said that the ability of the government to make macro adjustments and controls with monetary and interest rate policies has been greatly weakened, and the stimulation of market forces still needs time.