In The First Half Of The Year, China'S Textile Industry "Sword Go Sideways" For Stability.

In June of this year, the main business income of China's above scale textile industry increased by nearly 5% compared with the same period last year, and the total profit increased by 6.3% year-on-year, and the growth rate tended to be gentle.

Reporter from

The Federation was informed that before June, the growth momentum of China's textile industry both inside and outside the market was insufficient, and the pressure of Chinese textile enterprises remained.

But at the same time, the whole industry is speeding up.

Under the guidance of the pace, the main economic indicators such as production, marketing and efficiency have increased.

According to the analysis, the growth rate of China's textile industry tends to be gentle now, which is a direct result of the low market demand at home and abroad, the intensified competition in the industry, the constraint of resources and environment, and the rising cost of production factors. But the deeper reason is the supply side, structural and institutional problems formed and accumulated in the high growth of China's textile industry.

Industry experts said that although the external environment with low external demand was difficult to fundamentally improve, the macroeconomic fundamentals of foreign countries did not deteriorate significantly. Especially with the advance of supply side structural reform, China's economy is expected to maintain growth in a reasonable range, and the trend of increasing domestic demand will not change. These will provide strong support for the development of China's textile industry.

At the same time, the effect of pformation and upgrading of China's textile industry will also gradually appear.

At present, China's textile industry is actively cracking down on these development problems, accelerating pformation and upgrading, and deepening management.

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To sum up, it is predicted that the main business income of China's textile enterprises above Designated Size will increase by about 5% over the same period in 2016, and the total profit will increase by about 5% over the same period. In 2016, China's textile industry will still maintain steady growth.

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According to the latest statistics of the General Administration of Customs of China, in July 2016, the export volume of textiles and clothing was 25 billion 374 million US dollars, an increase of 5.66% over the same period, down 6.90% from the same period last year.

Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $9 billion 126 million, down 4.09% compared to the same period last year. Exports of garments (including garments and accessories) were US $16 billion 248 million, down 8.40% from the same period last year.

In 2015/2016, the total export volume of textiles and clothing in China was 249 billion 901 million US dollars, down 4.16% from the same period last year.

In 2016 1-7, the total export volume of textiles and clothing in China was 150 billion 404 million US dollars, down 3.37% from the same period last year. The total export volume of textiles was 61 billion 568 million US dollars, down 1.39% from the same period last year. The total export volume of garments was 88 billion 836 million US dollars, down 4.70% from the same period last year.