• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Industry Analysis: China'S Textile Industry Economy Was Under Pressure In The First Three Quarters

    2024/11/14 20:16:00 0

    Economical Operation

       In the first three quarters of this year, facing the complex and severe external environment and the new domestic economic situation, China's textile industry thoroughly implemented the decisions and arrangements of the Party Central Committee and the State Council, adhered to the general tone of seeking progress while maintaining stability, and accelerated the construction of a modern industrial system. The development resilience of the textile industry accumulated over the years, combined with a series of national stock increment policies, has supported the economic operation in a generally stable manner, and the main operating indicators of the industry have improved over the same period of last year. However, at the same time, the pressure of weak demand in domestic and foreign markets is gradually highlighted, and risk challenges such as fierce market competition and rising uncertainty in the trade environment still need to be resolved. Looking forward to the fourth quarter and 2025, the development environment facing the textile industry is still complex, and the industry still needs to deal with many challenges.

       The production situation remained stable and the benefit level continued to improve

       Since this year, China's textile industry has worked hard to overcome the pressure on the demand side, and the supply side has shown a recovery trend. The industry's capacity utilization level has steadily increased, and the production growth rate has accelerated year-on-year. According to the data of the National Bureau of Statistics, in the first three quarters of this year, the capacity utilization rates of the textile industry above designated size and the chemical fiber industry were 78.3% and 85.4%, respectively, 1.9 and 1.6 percentage points higher than that of the same period last year, and higher than the 74.6% capacity utilization level of the national industries above designated size in the same period. The industrial added value of enterprises above designated size in the textile industry increased by 4.5% year on year, 6.7 percentage points higher than that of the same period last year.

       The operating income and total profit of textile enterprises continued the trend of recovery growth. According to the data of the National Bureau of Statistics, in the first three quarters of the year, the operating income of textile enterprises above 38000 households in China increased by 4% year on year, and the total profit increased by 10.3% year on year. The growth rate rose by 7.3 and 19.1 percentage points respectively compared with the same period of the previous year. The benefits of most links in the textile industry chain have recovered compared with the same period last year. The operating income of flax textile, silk, textile machinery and other sub industries has achieved double-digit rapid growth year on year, and the profit recovery trend of most sub industries is significant.

       The domestic demand market keeps growing, and export pressures coexist with resilience

       Since this year, the domestic market of textiles and clothing has maintained a growth trend, but the growth rate has slowed down, supported by factors such as the stability of China's residents' income and consumption confidence, and the gradual effectiveness of the national consumption promotion policy. According to the data of the National Bureau of Statistics, in the first three quarters, China's per capita expenditure on clothing consumption increased by 5.1% year on year, and the retail sales of clothing, shoes and hats, and knitwear and textiles above the designated size increased by 0.2% year on year, with the growth rate slowing by 1.4 and 10.4 percentage points respectively compared with the same period last year. New e-commerce models such as live delivery and instant retail continued to stimulate online consumption potential. In the first three quarters, the retail sales of online clothing products increased by 4.1% year on year, 5.5 percentage points slower than the same period last year.

       In the first three quarters of this year, China's textile and clothing exports continued to grow, the competitiveness of the textile industry chain continued to release, and the overall export situation was better than expected. According to the data of China Customs Express, China's textile and clothing exports in the first three quarters totaled 222.41 billion US dollars, up 0.5% year on year. Among the main export products, the export volume of textile yarn, fabric and finished goods was US $104.3 billion, up 2.9% year on year; The pressure on clothing export is relatively large. The export volume in the first three quarters was US $118.11 billion, a year-on-year decrease of 1.6%. The export of China's textile industry to some markets is still outstanding. In the first three quarters, the export of textiles and clothing to the United States, the European Union, ASEAN, Canada, Ukraine and other trade partners achieved positive growth.

       The operation quality has been improved and the confidence in development has been consolidated

       Since this year, the operation quality of textile enterprises has continued to improve. The operating income profit margin of textile enterprises above designated size in the first three quarters was 3.2%, up 0.2 and 0.1 percentage points respectively from the same period of last year and the first half of this year, which is a high level since this year; The turnover rate of total assets accelerated by 0.2% year on year, and the proportion of three fees decreased slightly to 6.5%, both showing a trend of improvement. However, the turnover rate of finished products of enterprises still slowed slightly year on year, indicating that the pressure of weak demand is still obvious.

       Textile enterprises steadily expanded investment in high-end, intelligent and green transformation and upgrading, and fixed asset investment grew. In the first three quarters, the completed investment in fixed assets of the textile industry, clothing industry and chemical fiber industry increased by 14.6%, 16.3% and 4.7% respectively year on year, and the growth rate rose by 16.8, 21 and 16.3 percentage points respectively year on year.

       With the overall improvement of production, marketing and efficiency, the development expectation of textile enterprises is optimistic, and the overall prosperity of the industry remains in the expansion range. According to the survey of China Textile Industry Federation, the overall prosperity index of China's textile industry in the third quarter of this year was 52.7%, which remained above the 50% boom and bust line for seven consecutive quarters.

       Keep stable and keep the pressure on the good side, New quality productivity activates supply and demand and improves new power

       Looking forward to the fourth quarter and 2025, the textile industry still faces many unstable and uncertain factors, and still faces many challenges to maintain a stable and positive trend. The international political and economic environment has become more complex. The cycle of interest rate reduction in major economies has just begun, and the driving role of economic growth is still insufficient; The geopolitical disturbance continues, the risk factors of trade friction increase, and the foreign trade situation of the textile industry is still grim. China's macro-economy is expected to continue to pick up, but the task of development and reform is still arduous, the income base and consumer confidence of residents still need to be consolidated, and the pressure on enterprises to operate continues to be high, testing the high-quality development resilience of the textile industry.

       Under the complex and severe situation, the super large and continuously upgraded domestic demand market will still be the fundamental support for the textile industry to conserve the endogenous momentum and promote high-quality development. More than 1.4 billion people in China have entered a new stage of consumption upgrading as a whole. The spiritual needs based on cultural self-confidence, aesthetic arts, and emotional interests will continue to be transformed into personalized, diversified, and fashionable textile and clothing consumption power. The textile industry chain will strengthen the development of strengths and weaknesses, promote the transformation and upgrading of digital to intelligent, green development, and business innovation, and help the endogenous power of industry development to be activated and released. The textile industry continues to consolidate the foundation of the modern industrial system, and is leading the formation of new textile productivity characterized by high technology, high efficiency and high quality to accelerate the cultivation, providing substantial support for the steady and sound development of the industry. The country's efforts to improve efficiency and implement the stock and incremental policies will also provide a strong guarantee for the industry to boost confidence in development, smooth the industrial cycle, and improve the business environment.

       The textile industry will comprehensively and thoroughly implement the spirit of the 20th National Congress of the Communist Party of China, the Second and Third Plenary Sessions of the 20th Central Committee, and the relevant decisions and arrangements of the State Council. Guided by high-quality development, it will further comprehensively deepen reform, solidly promote the construction of a modern industrial system, constantly consolidate the advantages of international competition, and strive to promote the stable and sound operation of the industry economy, To make due contributions to achieving the goal of stable growth of the national economy.

    • Related reading

    Market Observation: The US Election Directly Affects The Future Turbulence Of The Cotton Market

    Industry dialysis
    |
    2024/11/11 10:07:00
    2

    Analysis Of The First Nine Months' Operation Data Of Textile And Clothing Professional Market

    Industry dialysis
    |
    2024/10/29 19:27:00
    3

    China Textile Federation Shanghai Office Releases 2024 Textile And Clothing Market Sampling Survey

    Industry dialysis
    |
    2024/9/5 11:56:00
    12

    A Quick Look At The Boom Index Of Professional Market Managers In August

    Industry dialysis
    |
    2024/9/3 16:07:00
    23

    USDA Monthly Report: Global Cotton Supply And Demand Forecast In July Released By The U.S. Department Of Agriculture

    Industry dialysis
    |
    2024/7/15 11:14:00
    26
    Read the next article

    Light Up The Light Of Textile, Bosiden Won The Science And Technology Progress Award Of China Textile Federation

    The Science and Technology Award of the China Textile Industry Federation was established with the approval of the National Science and Technology Award Office of the Ministry of Science and Technology of the People's Republic of China

    主站蜘蛛池模板: 伊人久久大香线蕉观看| 日本理论片和搜子同居的日子演员| jlzzjlzz亚洲乱熟在线播放| 久九九久福利精品视频视频| 人人爽人人爽人人片av免费| 啊灬啊灬啊快日出水了| 日韩欧美一区二区三区免费观看| 欧美换爱交换乱理伦片免费观看| 在线成年人网站| 4455永久在线观免费看| 国产成版人视频网站免费下| 欧美日韩国产在线播放| 中文字幕一区在线播放| 99re6这里有精品热视频在线| 大胸喷奶水的www的视频网站| 国产精品日韩欧美| 69成人免费视频| 久久久精品免费| 天堂草原电视剧在线观看图片高清| 美女视频免费看一区二区| 黄网站在线播放视频免费观看| 日本黄色电影在线| 在线中文高清资源免费观看| 国产成人精品综合在线观看| 久热中文字幕无码视频| 精品一区二区三区波多野结衣| 6080新视觉| 色综合色综合色综合色综合网| 国产成人麻豆精品午夜福利在线| 天天综合网天天综合色| 亚洲色图欧美另类| 国产精品免费看久久久无码| 日b视频在线观看| 久久精品国产一区二区三区| 伊人色综合久久天天网| 日本最新免费二区三区| 毛茸茸性XXXX毛茸茸毛茸茸| 992tv在线| 国产做国产爱免费视频| aa在线免费观看| 国产鲁鲁视频在线播放|