The "Three Carriages" Of The Textile Industry Are Getting Warmer And The Quality And Efficiency Of The Industry Have Been Steadily Improved.

A few days ago, the analysis data of the first three quarters of the textile industry came out.

According to the report issued by the China Textile Industry Federation Industrial Economics Research Institute (hereinafter referred to as the production and Economic Institute), the first three quarters of the textile industry's domestic demand, exports and investment "three carriages" all appeared to be warmer, and the whole industry is expected to maintain steady operation under the support of domestic consumption stimulation and pformation.

According to the Academy analysis, this year, the international and domestic markets of textile and clothing have achieved rapid growth, supporting the smooth operation of the textile industry, and continuously advancing the supply side reform of the textile industry, improving the relationship between supply and demand, and improving the quality of development.

In terms of domestic demand, the domestic and new markets are also accelerating at the same time.

Sales of traditional textile and apparel products were better than last year. Retail sales of clothing shoes and hats and needle textiles increased by 8.9% over the same period of 1~9 months, the growth rate increased by 1.7 percentage points over the same period last year, and is at a relatively high level in the past 3 years.

The emerging industry maintained rapid growth, and the retail sales of the national online clothing category increased by 23.3% year-on-year, up from 4.1 percentage points in the same period of the previous year.

On the export side, the market continued to pick up.

1~9 months, China's textile and clothing exports totaled $207 billion 770 million, an increase of 4.6% over the same period last year, a 3.7 percentage point increase over the same period last year, and 1.3 percentage points more than in the first half of this year.

From the point of view of product mix, textile competitiveness is stable, export volume grew by 10.5% over the same period last year, the growth rate was 7.6 percentage points higher than that of the same period last year, and the proportion of total exports increased to 43%. Clothing was affected by factors such as high manufacturing costs, orders, investment pfer and other factors, and export pressure was greater. 1~9 export volume increased by only 0.6% over the same period last year.

In terms of investment, growth is picking up month by month.

The total investment in fixed assets of textile industry in the month of 1~9 increased by 5.8% over the same period last year, down 0.4 percentage points from the same period last year, but recovered 9.1 and 4.5 percentage points respectively in the first quarter and the first half of this year.

In terms of industry, the growth rate of textile industry (including spinning, weaving, dyeing and finishing, knitting, home textiles, industrial use) increased by 5.1 percentage points to 5.9% in the first half of the year, and 31.9% in the chemical fiber industry compared with the same period last year, and maintained a rapid growth for 6 consecutive months, while clothing industry investment decreased by 1.6% over the same period last year.

Production and economic reports pointed out that in the first three quarters, the economic efficiency continued to improve, and the quality of operation was relatively stable.

In 1~9 months, the total revenue of 36 thousand Textile Enterprises above Designated Size reached 4 trillion and 219 billion 760 million yuan, an increase of 4.2% over the same period last year, and the profit margin of enterprises was 4.7%, an increase of 0.1 percentage points over the same period last year.

The Academy predicts that the textile industry will continue to run smoothly in the current year, and the main operational indicators will basically maintain the current growth level.

But in 2019, the domestic and foreign market environment of China's textile industry has changed steadily. The pressure of the textile industry will increase compared with this year. The export situation is uncertain, and the internal demand of the industry to promote the development of high quality is more urgent. We must focus on improving production efficiency and anti risk ability so as to maintain a steady development trend.

(author: He Ke)