Textile Industry Added Value Increased By 6.3% In 2015.

Reporter from January 27th China

In 2015, the Federation's economic operation analysis conference was informed that in 2015, China's textile industry showed a trend of "slowing down and stabilizing". The industry's quality and efficiency indicators were steady, and the industrial added value increased by 6.3% compared with the same period last year. The growth rate was higher than that of the national industrial growth rate, but the export scale declined, down 4.88% compared with the same period last year.

Industry status

1 Investment: an increase of 14.96% over the same period

In 2015, the scale of industrial investment continued to expand, and the number of new projects increased rapidly.

In 2015, China's textile industry completed 1 trillion and 191 billion 321 million yuan in fixed assets investment, an increase of 14.96% over the previous year, a growth rate of 1.59 percentage points higher than the previous year.

The number of new projects increased by 18.34% over the previous year, up 18.86 percentage points from the previous year.

From the perspective of regional investment structure, investment in the eastern and western regions has increased compared with the previous year, while investment in the central region has declined compared with the previous year.

Investment growth in the eastern region increased by 3.54 percentage points over the previous year, and the investment growth rate in the central region dropped by 1.03 percentage points over the previous year. The investment growth rate in the western region dropped by 2.38 percentage points over the previous year.

2 exports: a year-on-year decrease of 4.88%

In 2015, the scale of industrial exports declined, and export volume and price dropped.

In 2015, China's textile and garment exports amounted to US $283 billion 850 million, down 4.88% from the same period last year.

In the 1-11 month of 2015, China's textile and clothing export prices dropped by 1.43%, and the number of exports decreased by 4.3%.

From the point of view of export structure, textiles,

Both have declined.

In the 1-11 month of 2015, China's textile exports amounted to US $104 billion 974 million, down 2.53% from the same period last year, and clothing exports amounted to US $158 billion 629 million, down 7.64% from the same period last year.

It should be noted that in the 1-11 month of 2015, the United States, the European Union, Japan and ASEAN were the key markets for China's textile and clothing exports, accounting for 55.95% of China's total exports to the world, representing a 0.81 percentage point increase over 2014.

Meanwhile, in the 1-11 month of 2015, the EU and Japanese markets declined significantly, accounting for 1.11 percentage points and 0.48 percentage points less than that of 2014.

3 domestic sales: retail sales grew by 9.8% over the same period last year.

In 2015, domestic sales growth slowed down steadily.

In 2015, the retail sales of clothing shoes and hats and needle textiles increased by 9.8% over the same period last year. The growth rate dropped by 1.1 percentage points over the previous year, lower than the growth rate of retail sales of social consumer goods in the same period, and the cumulative growth rate showed a downward trend in the second half of the year.

It is worth mentioning that in 2015, the industry e-commerce channel maintained a relatively fast growth trend.

In 2015, the online retail sales of apparel products increased by 21.4% over the same period last year, but showed a continuous downward trend in 2015.

4 profit: an increase of 6.83% over the same period last year.

In 2015, the scale of profits of Enterprises above Designated Size continued to expand, and the growth rate was stable.

In 2015 1-11, China's textile industry realized a total profit of 332 billion 612 million yuan, an increase of 6.83% over the same period last year.

From the links of the industrial chain, the profit of chemical fiber industry and industrial industry has increased rapidly.

The chemical fiber industry increased by 24.13% compared to the same period last year, and the industry industry grew by 14.44% over the same period last year.

At the same time, the profit margin of the whole industry increased by 0.1 percentage points in 2015 compared with the same period last year. The profit margin of cotton spinning, wool spinning and garment industry in 2015 decreased slightly compared with the same period last year. The profit margin in 2015 also decreased slightly.

Analysis and prediction

1 raw materials: the situation is complex and changeable.

In 2016, the fundamentals of oversupply in the global cotton market have not changed, and the stock continues to expand. In addition to the appreciation of the US dollar, the international cotton price will be relatively low in 2015.

Although the direct subsidy measures for cotton planting have been implemented, the follow-up effect of the temporary purchasing and storage policy has not been eliminated, and the quality of domestic cotton has been seriously reduced.

Coordination of import quotas, cotton reserves, cotton management system and other policies on the industry's immediate impact.

In 2016, international oil prices will continue to face downward pressure in the short term, and the futures price range of WTI will be 26-31 US dollars / barrel.

Low oil price is a strong support for raw material cost of chemical fiber enterprises.

2 labor force: Employment prices continue to rise

In 2016, affected by the slowdown in macroeconomic growth and narrowing of price increases, domestic labor prices rose somewhat slower than in 2015. However, the cost pressure is difficult to mitigate due to the influence of public employment preference.

In addition, domestic fuel power prices will continue to be low due to slow industrial growth and weak demand, which will help to alleviate the cost pressure of enterprises.

3 exports: positive growth is expected

The global economy will recover slowly, with a slight increase in its growth rate, coupled with a low base of negative export growth in 2015, textile exports will gradually stabilize and achieve positive growth in 2016, but the structural differences in different markets will be relatively large.

It is worth mentioning that the meeting held that our country

As well as knitted apparel, the phenomenon of accelerated outward movement has been accelerated. Vietnam and other Southeast Asian countries continue to encroach on China's international market share. In the short run, though they can not pose a threat to China's international market share, in the long run, the impact of orders and capacity pfer can not be ignored.

4 domestic sales: maintain steady growth

In 2016, the domestic demand market maintained a steady growth. The upgrading of consumption structure and the innovation of retail channels were obvious. However, affected by the slowdown of the macro-economic growth, the growth rate of total consumption of clothing was difficult to accelerate. The growth of retail sales of clothing above the quota is expected to be slightly higher than that of 2015.

In addition, the inventory of real estate will be beneficial to the development of the home textile industry, and the promotion of the interconnected process of "one way and one road" will also promote the development of the industrial textile industry.

5 production and benefits: target growth is expected to increase.

Industrial exports in 2016 are expected to achieve positive growth, and domestic demand will also maintain steady growth, which will support the smooth operation of the industry.

Although the market competition is increasing, the cost of labor and other factors continues to increase, the problem of chemical fiber structural overcapacity has not yet been solved, but the effective implementation of policies and measures such as cost reduction and effective supply will improve the production and efficiency of the textile industry. It is expected that the main business revenue and gross profit will increase faster than in 2015.