The Guiding Opinions On Promoting Structural Adjustment And Reorganization Of Central Enterprises Have Been Issued Recently.

The general office of the State Council recently issued the "guiding opinions on promoting structural adjustment and reorganization of central enterprises" (hereinafter referred to as "guiding opinions"), and clarified the key work of restructuring the central enterprises at the next stage.

Opinions have formulated different policies for the central enterprises in different fields. Generally speaking, there are guarantees, gains, returns and combinations.

We must maintain control in important industries and key areas, actively enter competitive fields with competitive potential, gradually withdraw from non dominant fields and specializes in some areas.

In the field of maintaining control, we must consolidate and strengthen a number of them.

It is clear that the central enterprises whose main business is in important industries and key areas that are related to national security and national economic lifeline and undertake major national special tasks should ensure the input of state-owned capital, maintain the status of holding state capital and support the participation of non-state-owned capital.

In areas with competitive potential, we should innovate and develop a number of them.

The view points out that we should build up a platform for restructuring and reorganizing, a platform for scientific and technological innovation, and an international business platform to promote industrial agglomeration and pformation and upgrading, to promote the development of strategic emerging industries, and to enhance the ability of central enterprises to participate in international market competition.

Researcher Li Jie said, on the whole,

The industry has the characteristics of low threshold, low concentration, and large number of private enterprises. However, due to historical reasons, there are still some textile enterprises with state-owned assets background, mainly distributed in Shanghai, Shandong and other regions.

In the context of the large and weak central enterprises and frequent reforms, the concept of SOE reform is expected to further increase, and the textile and garment enterprises with state-owned assets are expected to benefit.

According to statistics, the gross profit margin of textile industry is 1-4 in 2016, 11.06% in the whole industry, and 6.30% in the month of three, and the profit margin is 4.99%. If the effect of non recurring gains and losses is excluded, the nominal pre tax profit rate is 4.76%; the inventory ratio of the industry is 12.83%, indicating that the gross profit margin of the textile industry is 4.76%.

Sales were normal; the export ratio was 12.61%, indicating a better export situation; the industry's loss was 16.69%.

It can be seen that in the whole textile industry, the production and operation status is better.

Judging from the different sub sectors of the textile industry, the apparel and textile machinery industry has a higher gross profit margin and a slightly higher profit margin, indicating that its profitability is relatively good.