Textile second half, "former low-high" trend
China Textile Industry Association (hereinafter referred to as spinning unio) held a press conference, issued "the textile industry in the first half and the second half of 2014 running situation Prospects." According to the spinning of high-Yong, vice president of the State Reserve issues are still outstanding low-quality cotton, cotton demand is difficult to get companies to effectively meet; domestic cotton circulation system of parallel multi-market situation is very complicated.
According to the analysis, the first half of 2014, Chinas textile industry to upgrade to continue steadily, despite the domestic market is not busy, rising overall costs, greater spread of cotton and other internal and external stress factors, on the whole to achieve a smooth operation. The main operational indicators textile industry to achieve growth, some indicators of growth has slowed from a year earlier, but since the second quarter are showing a steady upward trend.
According to the National Bureau of Statistics and Chinese customs data, January to June, more than 38,000 nationwide scale textile enterprises realized main business income of 3.10385 trillion yuan, an increase of 8.5%; total profit of 147.76 billion yuan, an increase of 11.8%. 1 to June, the countrys textile and apparel exports $ 136.39 billion, an increase of 4.2%, the growth rate down 7.7 percentage points from a year earlier, but lower than the first quarter of this year to rise 3.7 percentage points; the whole industry more than 5 million yuan in fixed assets investment projects amounting to 454.48 billion yuan, an increase of 16.1%, higher than the same period last year the growth rate 1.1 percentage points.
The economy stable and good quality of the textile industry, industrial restructuring continues to achieve results. According to the National Bureau of Statistics, more than 1 to June scale textile enterprise sales margin was 4.8%, compared with 0.2 percentage point increase over the same period last year, corporate profitability has improved; total asset turnover of 1.6 times / year, and last year were flat, smooth operational efficiency. Industrial textiles industry sales, profit growth faster than 1 to June scale enterprises the main business income and gross profit increased by 14.1% and 19.9%, respectively, the growth rate is significantly higher than the industry average, the contribution of the role of economic growth in the whole industry further enhanced. Midwest scale textile enterprises the main business income of 1 to June rose 12%, higher than the 4.5 percent growth in the eastern part of the countrys total accounted for 21.4%, compared with 1.5 percentage point increase over the same period last year, industrial layout adjustment region results further demonstrated.
According to Gao Yong, the current economic operation of the textile industry is also facing a series of stress factors. Due to rapid international cotton prices down, inside and outside the cotton spreads widened again in early August reached 5,500 yuan / ton; State Reserve cotton quality issues are still outstanding low corporate demand for cotton will not be effectively met. Domestic labor and employment, textile raw materials and other elements of the general rise in prices, financing, land, marketing channels and other costs continue to increase, the burden of increased investment in environmental protection, textile enterprise integrated cost pressures increasing, survival and development of small and micro enterprises problem is more prominent. Intensified international competition, Vietnam, Bangladesh and other countries rely on cost advantages, market share continues to rise. 1 to May of the share in total textile and apparel
Gao Yong said that the second half of 2014, the development of the environment faced by the textile industry is still more complicated. On the one hand, overall stable macroeconomic fundamentals at home and abroad, developed economies will drive the global economy and the market continues to steadily recover. RRR domestic market oriented policies with preset tuning results show growth momentum is expected to strengthen the textile industry is facing internal and external market environment overall stable and good. But on the other hand, with the new cotton market is approaching, the domestic cotton market situation will become more complex, the impact on the industry can not be ignored. Estimated annual economic operation of the textile industry is generally stable, and show a "low-high" trend, the second half of industry sales, exports and other indicators of growth will be improved to run over the first half. Textile industry itself insisted deepen structural adjustment, promote the transformation and upgrading, remains to ensure that the fundamental steady development.
