Look Forward To: Textile And Garment Industry, The Way Of Development After Recovery.

It has always been an important pillar industry in our country. Especially after the reform and opening up, it has developed rapidly, and production and exports have increased dramatically.

However, since the mid 90s of last century, China's textile industry has entered an unusually difficult period, which is related to the international competitiveness of China's textile industry.

The textile industry, which first entered the competitive industry, has been beset by a series of problems. The textile industry has become the largest industry with the longest losing time, the largest deficit and the largest loss in the manufacturing industry, and is becoming more and more serious with the passage of time.

The slow pace of upgrading of China's textile industry has hampered the textile industry's productivity and quality of textile products.

The incremental advantage of textile and clothing exports weakened, fluctuating or even negative growth, mainly because of China's

Exports are still dominated by medium and low-grade products, with low technical content, and the added value of China's textile products has been low.

2014 is the year when the crisis and opportunity of textile industry coexist.

This year, the cotton policy has been replaced by direct subsidy. The cotton price has dropped by 30% since the beginning of 2014. After 2011-2013 consecutive years of cotton storage and storage in three years, the domestic reserve cotton scale is at about 10000000 tons, which is at the highest level in history. Considering that the cotton demand in China is at 6 million 500 thousand tons -750 million tons a year, it is expected that in 2015, it will be in a state of "supply is obviously greater than demand". With the cotton price approaching the bottom of history, the industry will enlarge the scale of cotton purchase.

At present, the fall in cotton prices has affected the short-term performance of enterprises. Because of the caution of customers' orders, the gross profit margin of cotton textile enterprises will encounter some resistance. The pressure of order volume and gross profit rate will bring certain suppression to the performance of cotton textile enterprises in the 3 and 4 quarter of 2014.

But similarly, with the advent of the historic bottom of cotton prices, cotton textile enterprises in 2015 are expected to begin to have extra power to purchase raw materials, further increase their growth rate and reduce costs.

The competitiveness of enterprises has been improved.