China'S Textile Industry Is Expected To Continue To Be Brilliant And Maintain Stable Operation.

In the first quarter of this year, most of China's textile industry increased steadily, and some indexes increased faster than the national industrial level.

China's textile industry is expected to remain stable in 2016.

China

The quality and structure of economic development continued to show a reasonable change. The development trend of industrial textiles remained good. In March, its industrial added value and gross profit increased by 11% and 9% respectively, higher than that of the whole industry.

Reporter 12 from China

The Federation was informed that since 2016, facing the complex external situation, China's textile industry has actively promoted pformation and upgrading, and the main indicators such as production, marketing and efficiency have increased.

In the first 3 months, China is above designated size.

Industrial added value increased by nearly 7% over the same period last year, which is basically the same as 2015. It is 0.9 percentage points higher than that of the same period in the whole country. The total income of textile enterprises above designated size has increased by 5% over the same period last year, which is higher than that of the national industry by nearly 3 percentage points.

Insiders stressed that the trend of steady expansion of China's textile domestic demand will not change, which is also the primary support for the development of China's textile industry in the future.

China's textile industry will continue to accelerate pformation and upgrading, and actively resolve various risks, so as to ensure stable development throughout the year.

The supply situation of cotton has been initially improved. Since May, the reserve cotton has started to turn out, and the quality and turnover situation of cotton in the early stage has been relatively better, which helps to increase effective supply of textile raw materials and stabilize the production of enterprises.

Textile industry needs to continue to accelerate pformation and upgrading, actively resolve various risks and strive to ensure steady and healthy development throughout the year and make positive contributions to macroeconomic goals.

However, the textile industry is still facing great development pressure. The global economic recovery is still weak. Whether the export of the industry will continue to rise remains to be seen. The comprehensive cost pressure of textile enterprises is difficult to be completely alleviated, and there is still a risk of structural shortage of high-grade cotton.