Shengze'S Pformation Of Textile Industry Is Imperative.

Yesterday afternoon, some members of the Standing Committee of the Wujiang District People's Congress and some comrades concerned went to Wujiang high tech Zone (Sheng Zezhen) to inspect the pformation and upgrading of the textile industry and the reform of the administrative system.

Fan Jiankun, director of the Standing Committee of Wujiang District People's Congress, deputy director Pu Jianting, Zhou Xuelin, Chen Zheng Yan,

Take part in inspections.

Inspectors came to Wujiang Fuhua Weaving Co., Ltd. and Wujiang Dingsheng silk Co., Ltd. to understand in detail the pformation and upgrading of enterprises in recent years and their operation.

At the subsequent briefing, inspectors listened to the head of the Wujiang hi tech Development Zone (Sheng Zezhen).

The pformation and upgrading and the pilot work of the reform of the administrative system.

Fan Jiankun pairs

The achievements made in the pformation and upgrading of the textile industry in the high tech Development Zone (Sheng Zezhen) and the pilot project in reforming the administrative system have been fully affirmed, and the requirements for increasing the intelligent pformation of the textile enterprises in Shengze, fully developing the potential for developing silk tourism, improving the work style of the organs and improving the efficiency of administrative services have been put forward.

In recent years, although the capacity of the textile industry is relatively high, the textile industry in Shengze is still in a relatively stable development trend.

This year, the operation of Shengze textile enterprises is better than last year.

The town of Shengze was designated by the 6 ministries and commissions of the Central Committee as a pilot town for the reform of the administrative structure of the economically developed town. Through the trial of the management system of district and town integration, the administrative institutions were set up, the staffing and appointments were optimized, and the social management and public service functions for the grassroots and the masses were strengthened.

Related links:

2015 is coming to an end, so far, the textile and garment sector has gained the top 70 in the first half of the year, and has won nearly two percentage points in the market. What are the reasons for the rise of the textile and garment sector? What are the investment opportunities and ideas for next year? There are two main reasons for the rise of the textile and garment sector this year. The first is related to the whole macro-economic background, and the competition for brand resources brought by the diversification of the channel. Second, there are some structural changes in the whole brand clothing sector.

We are concerned about some changes in population structure. There are three ideas for reference: 1) the demand for health, tourism, sports and fitness brought about by aging; 2) the economic needs brought by the increase of women's income; 3) the development of fan economy and brand electric business brought about by the increase of average consumption tendency after 90 years.

We are very optimistic about the sports industry. We think that sports consumer goods are rising again in China. In 2008, they were at the top of the sales volume, and the recovery is still hoping for a new high.

Her economy, including underwear, accessories, women's wear, jewelry, cosmetics, cosmetic surgery, children's consumption and so on, is more likely to achieve better market performance.

We also need to see opportunities for business pformation, on the one hand, slow turnover, high price conversion to fast turnaround and low price. On the other hand, there is also an opportunity to pform the electricity supplier mode.

We also see that some brands are directly online, there are no stores on the line, but they can achieve high sales revenue and have been recognized by consumers.

There are still a lot of risks. The first is cotton prices.

Cotton prices directly affect the performance of upstream enterprises. At present, cotton prices have fallen below the 13 thousand expected bottom of the market. We think there are two reasons. First, the pformation of cotton from purchase and storage to direct subsidy. First, there is still 11 million tonnes of inventory pressure on state-owned cotton, so there is limited space even for anti ballistic missiles.

We have made systematic historical data analysis, and some market points of view believe that cotton prices fall well, and the gross profit margin of cotton spinning enterprises is improved. However, most cotton spinning enterprises have low bargaining power. Once the price of cotton falls, the order price will drop correspondingly. At the same time, the cotton flower inventory that has been stocked for 3 months in advance will also damage the gross profit margin.

Therefore, we regard this industry as a typical "Pro cyclical" industry, that is, cotton prices rise, profits are good, cotton prices fall and profits are poor.

Another is the long-term impact of the TPP agreement on China's textile and clothing exports.

The cost of labor, water and electricity in China is higher than that in Southeast Asia, such as Vietnam and Kampuchea.

In the medium to long term, the tariff cost between TPP countries will also be greatly reduced, and the long-term goal is zero tariff.

At present, due to the lack of skilled labor and supporting facilities, Southeast Asian countries are still mainly engaged in simple garment processing, such as printing and dyeing, high-end dyed fabrics and so on. However, the overseas pfer of textile enterprises' capacity and the replacement of Southeast Asia are the major trends.