Analysis Of The Development And Trend Of China'S Textile Industry In 2018

Analysis of the development of China's textile industry in 2018

At present, sales income of about 80% of the textile industry chain is realized in the domestic market. The textile industry must further clarify the primary support and important fundamental role of the domestic market, and take the domestic market as the fundamental foothold for the development of the industry.

All along, China's textile industry has obvious international competition and development advantages, and occupies a leading position in the global textile industry. It is not only the country with the largest scale of production, but also the most complete industrial chain and the most complete category.

China's textile import and Export Chamber of Commerce said that China's status as the world's largest textile exporter is hard to be overturned within ten years.

But even so, meeting the domestic market demand is still the main driving force for the development of China's textile industry.

According to the "strategic analysis report on prediction and pformation of production and marketing demand of China's cotton textile industry" released by the prospective industry research institute, statistics show that in 2011~2017, the retail sales volume of clothing and shoes and hat knitted fabrics increased by 13.8% annually, while the total export volume of textiles and garments increased by only 3.8% over the same period.

Among them, the total retail sales of shoes and hats and clothing in November 2018 amounted to 141 billion 800 million yuan, up 5.5% from the same period last year.

In 2018 1-11, the total retail sales of shoes and hats and clothing reached 12198 billion yuan, up 8.1% from the same period last year.

In 2018, the domestic market of textile and clothing showed a steady growth trend, and the growth rate was better than the previous two years, supporting the smooth operation of the textile industry.

Statistics and growth of the total retail sales of shoes and hats and apparel in 2018 1-11

Source: Prospect Industry Research Institute

Dynamic analysis of China's textile industry development

Gao Yong said that the strong domestic market is not only the foundation of stabilizing the development of textile economy and the foundation of opening up to the outside world, but also conducive to promoting the textile industry to participate more effectively in docking and guiding the upgrading of domestic consumption. In the process of implementing the high quality development, it highlights the inner driving force for the pformation of innovation driven technology, fashion and green industry, so that people have more sense of happiness and sense of happiness in the field of textile and clothing consumption.

In the three carriages of consumption, investment and export, the contribution rate of consumption is the largest.

In the first three quarters of 2018, the contribution rate of consumption to economic growth was 78%, investment was 31.8%, and net exports were -9.8%.

From the actual contribution rate, the contribution rate of consumption is higher than the investment contribution rate since 2011.

China's consumption demand is huge, and its market scale ranks the highest in the world.

Under the premise that the external market is not optimistic, we must promote the formation of a strong domestic market.

China is still in the stage of rapid development of industrialization and urbanization, and the demand for high-end products is growing rapidly, so as to promote the formation of a strong domestic market. We need to improve the quality of products and improve the consumption environment, so that people can rest assured, dress well and enjoy themselves.

In 2018, the growth rate of GDP and revenue in China showed a slowing trend. The export pressure was high, the growth rate of household consumption expenditure was slowing down, the growth rate of retail sales of social consumer goods continued to decline, and the market economy environment changed from quantitative development mode to high quality development mode.

Wang Yao said: at present, China's textile and apparel industry has a serious oversupply of low-end goods, and the high-end market is occupied by internationally famous brands.

The industry should continue to implement the strategy of increasing varieties, quality and brand.

Enhance innovation and enhance the development ability of textile and clothing products

The strong domestic market is facing multiple challenges such as the lack of endogenous motivation in the real economy development, the lack of core technology and innovation capability, and the urgent need to improve the institutional mechanism of innovation and development.

In the new year, the structural reform of supply side should be strengthened, strengthened, promoted and smoothly, so as to truly promote the reform and landing and realize the rebirth of China's economy.

The core of the strong domestic market lies in deepening the structural reform of the supply side, improving the quality and efficiency of supply, thereby enhancing the adaptability of the industry to the new market situation, better meeting the needs of the expanding and upgrading domestic market, actively guiding the consumption of the market, stimulating the potential of the market by innovation, and actively creating new market space.

Gao Yong said that the new year should be supported by technology and green, so as to improve the quality of output and supply, continuously improve the level of advanced manufacturing and enhance the development capacity of textile and clothing products.