The Textile Industry Insists On Accelerating Pformation And Upgrading, Which Is Conducive To Achieving Take-Off.

In the first half of 2016, the external situation faced by China's textile industry is still grim, the cost burden of enterprises has not been lightened, the growth momentum of domestic and foreign markets is weak, and the growth rate of investment has declined significantly.

The textile industry has insisted on accelerating pformation and upgrading, and the main indicators such as production, marketing and efficiency have increased, and the operation of the industry has been basically stable.

In 1~6 months, the total investment in the industry over 5 million yuan was 561 billion 810 million yuan, an increase of 7.1% over the same period last year, and the growth rate dropped by 8.3 percentage points over the same period last year.

From the regional perspective, the 1~6 month investment in the eastern and central regions increased by 9.1% and 2.2% respectively, representing a slowdown of 7.3 and 17.2 percentage points compared with the same period last year. The development of the western textile industry has accelerated and the investment in Xinjiang has increased 1.3 times, driving the 1~6 months in the western region.

The volume increased by 31.4% over the same period last year.

According to the National Bureau of statistics, the industrial added value of textile industry above the scale of 1~6 increased by 6.5% in 2016 compared with the same period last year, which is 0.3 percentage points lower than that in the same period last year, which is 0.5 percentage points higher than that of the national industrial added value above scale.

1~5 month realized the main business revenue of 2 trillion and 702 billion 180 million yuan, an increase of 4.9% over the same period last year, and realized a total profit of 135 billion 630 million yuan, an increase of 5.8% over the same period last year.

According to the National Bureau of Statistics Bulletin, 1~6 months, the textile industry, textile and apparel industry, chemical fiber manufacturing owners business income increased by 4.5%, 5.9% and 1.8% respectively, slowing down 1, 0.3 and 1 percentage points respectively over the same period last year. The gross profit of textile industry, textile clothing and apparel industry and chemical fiber manufacturing industry increased by 7.5%, 7.7% and -6.5% respectively, while the textile industry grew by 1.4 percentage points year-on-year, and the textile clothing and apparel industry and chemical fiber manufacturing industry slowed down 0.4 and 11.6 percentage points respectively.

In 2016 1~5, the sales profit of Enterprises above designated size was 5%, the finished product turnover rate was 20.2 times / year, the total assets turnover rate was 1.5 times / year, and the three fee ratio was 6.2%, which was improved compared with the same period last year.

The terminal links of the industrial chain are running well, and the industry textile industry continues to play a new growth role. The quality of the industry and the brand building work have achieved remarkable results.

1~5 month gross profit in industry, clothing and home textile industry increased by 12.3%, 7.3% and 11.8%, respectively, and sales margins were 6.1%, 5.5% and 5.8%, respectively, which were better than the average level of the industry.

The growth of textile and clothing market is slowing down. The retail sales of clothing, shoes and hats and needles and textiles increased by 7% over the same period of 1~6 months, slowing by 3.7 percentage points over the same period last year. The retail sales of apparel products nationwide increased by 16.9% over the same period last year, a sharp decrease of 13.2 percentage points over the same period last year.

Exports are still showing negative growth. In 1~6 months, China's textile and clothing exports amounted to US $126 billion 930 million, down 3.74% from the same period last year, of which 545.93 of textile exports, 1.91% lower than the same period last year, and 723.37 of clothing exports, down 5.08% compared to the same period last year. The share of China's exports of textiles and clothing in the US, Japan and EU import markets fell 1, 2.6 and 2.6 percentage points over the same period last year, and the pressure of competition intensified further in.

The textile industry is facing a series of problems at present and needs to pay more attention and response.

First, the slow growth of fixed asset investment growth. The main reasons for the decline of enthusiasm of textile enterprises in domestic investment are heavy cost burden, expensive financing, cumbersome environmental monitoring procedures, and structural overcapacity in some industries.

Two, the cotton market situation is still complex, and the amount of state cotton storage is less than 30 thousand tons per day, which has not reached 30 thousand ~5 million tons per day in the national announcement, and it is also difficult to meet the cotton demand of enterprises. The non production traders' participation in the auction led to the paction price of cotton reserve in July higher than that in the initial period of storage, which caused the fluctuation of the cotton market, the quality of cotton decreased, and the supply gap of high-grade cotton increased.

Effective supply is insufficient.

Three is the upstream raw material PTA industry overcapacity problem is prominent, the PTA industry start up rate is maintained at 65%~70% for a long time, and the backward production capacity with high energy consumption and product differentiation is about 15% of the existing capacity, and the problem of backward production capacity can not be effectively solved, the pressure of overcapacity will be more obvious.

Although there is no obvious improvement in the market environment with low external demand and slowing domestic demand, there is no obvious deterioration in macroeconomic fundamentals at home and abroad. Especially with the structural reform of supply side, China's economy will keep growing in a reasonable range, and the trend of steady growth of domestic demand will not change. It will provide the primary market support for the development of textile industry.

Although there is still uncertainty in the late impact of cotton reserves, it has increased the effective supply of cotton raw materials objectively, and has led to a marked narrowing of cotton price difference at home and abroad compared with the previous few years. It has a positive effect on stabilizing textile production and improving export competitiveness of cotton products.

The pformation and upgrading effect of textile industry is gradually showing, and the quality of operation is basically stable, which will also provide favorable support for the development of the industry.

According to comprehensive statistics and enterprise survey, the main business income of textile enterprises above Designated Size will increase by 5% over the same period of 2016. The total profit will increase by 5% over the same period, and the export decline will be further narrowed. The total export volume of textile and clothing will be basically the same as that of last year.