The textile industry will show a "former low - high" trend

"Despite the domestic market is not prosperous, the comprehensive cost rise, mianjia difference insideoutside the larger pressure factors, since this year the transformationupgrading of the textile industry of our country still steadily, the achievement of the overall smooth operation." This year the development of Chinas textile industry, Chinese Textile Industry Association vice president Gao Yong told reporters.

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In 2014, the main operating indicators of Chinas textile industry to achieve growth, some index over the same period the growth rate has slowed down, but since the two quarter is steadily rising trend. Statistics of National Bureau of statisticsthe General Administration of Customs on display, 1~6 month, accumulative total national 3.8 above scale textile enterprises realized main business income of 3103850000000 yuan, a year-on-year growth of 8.5%, year-on-year growth of less than 4.8 percentage points, 0.2 percentage points higher than the first quarter of this year; a total profit of 147760000000 yuan, a year-on-year growth of 11.8%, year-on-year growth below 4.8 percentage points. At the same time, 1~6 month, China Textileapparel exports of $136390000000, a year-on-year growth of 4.2%, over the same period the growth rate fell 7.7 percentage points, but more than a quarter of this year rose 3.7 percentage points; the total investment in fixed assets 5000000 yuan more than the entire industry projects amounted to 454480000000 yuan, a year-on-year increase of 16.1%, higher than the same period last year the growth rate 1.1 percentage points.

Gao Yong said, the first half of 2014 is getting betterbetter quality of Chinas textile industry economic stability, to the adjustment of industrial structure effect. According to the National Bureau of statistics, 1~6 month sales profits of textile enterprises above designated size was 4.8%, an increase of 0.2 percentage points over the same period last year, the profitability of the business has improved; the total asset turnover rate of 1.6 times / year, flat with a year earlier, the operation efficiency of stationary; assetsliabilities rate of 55.3%, 1.5 percentage points year-on-year decline, asset risk reduction. Industrial productionmarketing, benefit textile industry rapid growth, 1~6 months of above scale enterprises amounted to the main business income profits grew 14.1% 19.9% respectively, significantly higher than the industry average growth rate, further enhance the contribution to the whole industry to economic growth. The centralwestern regions above scale textile enterprises the main business income of 1~6 month of year-on-year growth of 12%, higher than the eastern region growth rate 4.5 percentage points, accounting for the proportion of 21.4%, an increase of 1.5 percentage points over the same period, the effectiveness of regional industrial layout adjustment further show.

Pressure still exists

In the future trend of textile industry in the second half of 2014, Gao Yong said, the current economic operation of textile industry is also facing a series of stress factors. Due to the international cotton prices down fast, mianjia difference insideoutside the larger, in early August to reach 5500 yuan / ton; the state reserve prices high quality low problems still outstanding, the enterprise use cotton demand is difficult to effectively meet; domestic cotton circulation management system, market situation is very complex, influence enterpriseders intention. The general rise in domestic labor, textile raw materialsother factor prices, land, finance, marketing channelsother costs continue to increase environmental protection investment, increase the burden on the comprehensive cost of textile enterprises, pressure is increasing, the problem Smallmicro businesses for survivaldevelopment is more outstanding. The international market competition, Vietnam, Bangladeshother countries rely on cost advantage, market share rising. Share an 1~5 our country occupies in the US, Europe, Japan Textileclothing imports fell 0.8, 0.7, 4 percentage points.

Gao Yong said, at present, the environment for the development of textile industry still faces more complex. On the one hand, the domesticforeign macroeconomic fundamentals s overall, the advanced economies will drive the global economythe market continued steady recovery, the domestic market with the targeted RRR cuts fine-tuning policy effect is expected to improve growth momentum, the textile industry is facing internalexternal market environment is getting betterbetter stability of total body. But on the other hand, with the listing of new cotton approaching, the domestic cotton market situation will become more complex, the impact of the industry still can not be ignored. Expected annual textile industry overall economy s,show "after the former high-low trend, the second half of the year" productionsales, export growth rate will be higher than the first half performance indicators to improve. Textile industry itself to deepen the structural adjustment, promote the transformationupgrading, is still essential to ensure the steady development of.

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