The Textile Industry Has Achieved A Quality Growth Or Usher In A Bright Future.

The export volume of textile industry has increased.

The external situation facing the textile industry is still complex and severe. The growth of the world economy is weak, trade protectionism is on the rise, the growth rate of the goods trade has slowed down, the market demand remains low, and the manufacturing cost remains high. However, the industry continues to deepen pformation and upgrading, and actively implement the various measures of the supply side reform, basically achieving stable growth in the industry.

It is expected that the textile industry is expected to maintain stable operation in 2016, and will soon usher in the peak season of industrial consumption. It is expected that the export decline will be narrowed, and the growth of macro-economy and residents' income can maintain the current level of domestic sales.

In the first three quarters of 2016, the textile industry exported 198 billion 650 million US dollars of textiles and clothing, down 6% from the same period last year, the growth rate was 1.4 percentage points lower than that of the same period last year, which is 1.5 percentage points higher than the national export growth rate.

Sustained negative growth was mainly affected by the appreciation of the US dollar. The export price of textile and clothing decreased by 6.4% compared with the same period last year. Excluding the price factors, the number of exports increased by 0.4% compared with the same period last year, which is 3.6 percentage points higher than that of the same period last year.

If RMB denominated, the export volume of textile and clothing in the first three quarters increased by 0.1% over the same period last year.

Although China's textile and apparel market share has declined in the US, Japan and Europe, it has improved in other markets, the market structure is more diversified, and the industry's ability to diversify risks has been enhanced.

In 2015, China's textile and apparel accounted for 38.6% of the world's exports, up 1.2 percentage points from 2014, and maintained a stable export market share.

The operation efficiency of textile industry has been improved.

Over the first three quarters of 2016, textile enterprises above Designated Size

For 5%, it was flat compared with the same period last year; finished product turnover rate was 20.8 times / year; total assets turnover rate was 1.6 times / year, respectively, up 3.1% and 0.5% compared with the same period last year; the three fee ratio was 6%, a decrease of 0.1 percentage points over the same period last year, indicating that the ability of industry enterprises to use capital to earn profits has been enhanced.

Industry and terminal market convergence smoothly, the first three quarters of home textiles, clothing and industrial textiles sales profit margins were 5.7%, 5.3% and 5.9%, respectively, higher than the industry average.

The prosperity index has improved.

According to the China Textile Industry Federation's Institute of industrial economics, a survey of more than 300 enterprises in the industry shows that the industry's third quarter prosperity index is 57.1, which is basically the same as the two quarter, which is 4.7 percentage points higher than that of the same period last year. Since 2016, it has gradually picked up momentum, providing support for the smooth operation of the industry.

Among them, the new order index, the finished product sales price index, the raw material purchase price index and the employment index increased in varying degrees compared with the two quarter, indicating a positive change in the market demand and supply relationship of the textile and garment products, and inject confidence into the next industry investment and consumption, and the future market is promising.