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In 2017, The Textile Industry Will Develop Steadily.

Feb 07, 2018

2017, our country textile industry deepen structural reform, the supply side to resolve various external risks, on the whole maintained a steady of into, in the steady development trend, the indexes of economic operation to achieve positive growth, some index growth accelerated year-on-year, running steady rise of mass effect, transformation and upgrading effect appeared gradually. The growth rate of textile industry has slowed down, but both domestic and foreign market sales have recovered, indicating that the industrial capacity and supply structure are continuously optimized and adjusted. According to the national bureau of statistics, the industrial value added value of textile enterprises in 2017 increased by 4.8 percent year-on-year, down from 0.1 percent in the same period of 2016. According to customs data, the total export volume of textile clothing in 2017 reached us $274.51 billion, a year-on-year growth of 1.6 percent, up 8.8 percentage points from the same period last year. Domestic market continued to maintain steady growth, the network consumption is still growing faster, more than 2017 national limit clothing shoes and hats needle textile retail sales rose 7.8%, growth is increased by 0.8% year-on-year, the national dress goods online retail sales rose 20.3% year-on-year, speed up 2.2% year-on-year. The quality of the textile industry is basically good, and the investment in transformation and upgrading continues to increase. In 2017, the total business income of the textile enterprises above the scale is 6893.56 billion yuan, up 4.2 percent year on year, and the growth rate is 0.1 percentage point higher than the previous year. The total profit reached 376.88 billion yuan, an increase of 6.9% year-on-year, and the growth rate was 2.4 percentage points higher than that of the previous year. The profit margin of the above enterprises was 5.5%, up from 0.2% in the same period of last year. The turnover rate of finished products was 20.8 times/year, and the turnover rate of total assets was 1.5 times/year, which was basically unchanged from the same period last year. The rate was 6.5 per cent, slightly higher than the 0.1 percentage point a year earlier. Under the condition of stable operation, quality, and the effect is good, the textile enterprise investment confidence generally stable, more than 5 million yuan in 2017 when the industry project completed investment in fixed assets amounted to 1.35073 trillion yuan, up 5.2% from a year earlier. Among them, the eastern region investment grew by 7.9% year on year, speed up 2.4% year-on-year, accounted for 87.2% of the national investment increment, the east new capacity is less, rapid investment growth shows that the enterprise transformation and upgrading into enthusiasm is higher. In 2018, the textile industry is expected to continue to maintain steady growth, and the economic growth rate is expected to be roughly equal to that of 2017. International, the global economy presents the continued signs of recovery, economic growth or will speed up slightly, from 2017 consumer confidence will be along with the economy improved, the commodity price stability but also to production recovery, the textile industry is expected to export situation is expected in 2017 has further improved. Domestically, the national economy will continue to maintain steady growth and provide a healthy and healthy economic environment for domestic consumption. "Strategy with the doctrine of" continue to push, will promote the textile enterprises to speed up the adjustment, enrich the varieties of products, improve quality, improve the added value of the brand, provide more choice space for textile clothing domestic consumption, better dig potential domestic demand. At the same time, the development of textile industry is still faced with many uncertainties, and all kinds of risks still need to be paid more attention and response. Cost high pressure did not ease, domestic electricity, labor elements such as high price compared with Vietnam and other countries are still obvious, financing difficulties, financing your long-term failed to effectively solve the problem, "camp" instead for textile enterprise tax burden limited impact. More competitive international market, in 2017 China's textile industry in the traditional market share is still lost, 1 ~ 11 months in America, Japan, the three major textile clothing import market share slipped 0.4, 0.4 and 0.9% respectively year-on-year, the trend is still likely to continue in 2018. Domestic environmental regulations have intensified, relatively heavy burden on textile enterprise environmental protection investment, parts to stop production for a single regulatory means, only limited enterprise production, investment activities, become the steady development of the textile industry bottlenecks. In 2018, the textile industry will be according to the overall tone and seek improvement in stability work further promote supply side structural reform, speed up the transformation and upgrading, resolving the risks tensions, efforts to ensure that industry basically stable operation, development quality steadily improve, to promote the sustainable and healthy economic and social development to make due contributions.