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    Xu Wenying On Current Textile Economy

    2015/10/3 16:34:00 56

    Xu WenyingTextile EconomyOperation

    In recent years, the rapid development of the textile industry in Asia and Africa has created a strong competition for our country, especially in terms of labor costs.

    With the development of the industry and the continuous rise of domestic labor costs, China will gradually withdraw from a part of the low-end market.

    Since the beginning of this year, the major market performance of textile and clothing exports in China has not been very satisfactory. Although the US market has eased, it has far failed to achieve the expected hope. There is no obvious signs of recovery in Japan and Europe.

    In 2015 1-6, the export volume of textiles and clothing in China was 131 billion 862 million US dollars, down 2.91% from the same period last year, and the decline was narrowed compared with that in May.

    Among them, textile exports amounted to 55 billion 653 million US dollars, down 0.55% compared with the same period last year, and clothing exports were 76 billion 208 million US dollars, down 4.56% compared with the same period last year.

    The decline is less than last month.

    To reverse export weakness.

    Recently, the executive meeting of the State Council has decided to vigorously improve the efficiency of port clearance, promote integrated customs clearance, speed up the progress of export tax rebates, adjust and encourage imports of technology and product catalogues, keep the RMB exchange rate basically stable, encourage financial institutions to carry out export tax refund account custody loan business, and clean up and standardize import and export links fees.

    Recently, the central bank announced that the RMB exchange rate has been lowered by more than 3%. After the stock market crash in August 25th, the central bank announced that the RMB deposit and loan interest rate would be reduced by 0.25 percentage points, and the bank deposit reserve should be reduced by 0.5 percentage points. These are the measures of the central government to adjust the economic policies to stimulate exports.

    Since 2014, China's domestic economic growth has slowed down in an overall way, which poses new requirements for the manufacturing industry, especially in the textile industry, in terms of resilience and risk tolerance.

    Affected by the macroeconomic environment, domestic demand consumption growth continued to slump. In 2014, the retail sales of clothing shoes and hats and needle textiles increased by 10.9% over the same period of 2014. The growth rate dropped by 0.7 percentage points compared with 2013. In the first half of 2015, the retail sales of clothing shoes and hats and knitted fabrics increased by more than 10.7%, showing a steady trend toward good.

    Due to insufficient consumption, in 2015 1-6, the sales revenue of China's textile industry's main business was 3 trillion and 240 billion yuan, an increase of 5.34% over the same period last year, and the growth rate dropped by 3.17 percentage points. The total profit was 161 billion 200 million yuan, an increase of 9.22% over the same period last year, and the growth rate decreased by 2.53 percentage points, with a 4.97% profit margin, 0.21 percentage points longer than that of last year.

    From the point of view of efficiency, compared with 2010 to 2014, 6.46, 6.29, 5.3, 5.49 and 4.76% respectively, and the profit rate decreased year by year.

    Among them,

    Cotton textile industry

    The main business revenue (excluding printing and dyeing) was 1 trillion and 7 billion 430 million yuan, an increase of 6.11% over the same period last year, and the growth rate dropped by 3.02 percentage points. The total profit was 48 billion 460 million yuan, up 4.37% over the same period last year, and the growth rate dropped by 3.05 percentage points.

    The two quarter is a good sign of stability.

    Textiles

    The output of products increased slightly, and the growth rate increased slightly. The decline was narrowed: the yarn output was 15 million 126 thousand and 800 tons, an increase of 2.12% over the same period last year, and the growth rate dropped by 5.71 percentage points. The output of cloth was 26 billion 900 million meters, up 3.73% over the same period last year, and the growth rate increased by 1.1 percentage points. The output of chemical fiber was 18 million 850 thousand tons, an increase of 11.01% over the same period, and the growth rate increased by 3.95 percentage points, of which the output of viscose staple fiber was 1 million 287 thousand and 300 tons, an increase of 0.98% percent over the same period of last year, and the growth rate dropped by 1 million 287 thousand and 300 percentage points.

    The growth of yarn, viscose staple fiber and clothing continues to decline.

      

    textile industry

    The added value increased gradually from March to March, 6.75% in April, 6.6% in May, 6.7% in May, and 6.8% in June, which is higher than the average 6.3% of the national industrial average.

    In the 1-5 month, the national industrial main business revenue increased by 1.3%, and the profit increased by -0.8%. Among them, the textile industry's main business revenue increased by 5.3%, and its profit increased by 9.81%. In the first half of the year, except for the main income and profit growth of the electronic information industry, the rest of the textile industry was mostly lower than that of the textile industry.

    This shows that under the background of the slow growth of the national economy, the textile industry has been showing a good momentum.


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