China's Textile Industry Is Showing A More Obvious Slowdown.

Statistics show that in the first 8 months, the total industrial added value, main business income and total profit of 38 thousand large scale enterprises increased by 7.4%, 8.2% and 10.9%, respectively. The total export volume of textiles and clothing increased by 5.7% compared with the same period last year, and the fixed assets investment increased by 13.9% compared to the same period last year. The sales profit rate of Enterprises above designated size was 4.8%, which was 0.2 percentage points higher than that of last year. Since the beginning of this year, the growth rate of the textile industry has slowed down compared with the same period of last year. Since June, it has ended the trend of rising month by month. The second half of this year has shown a more obvious slowing down trend. The industry is slowing down to normal as the economic growth rate slows down year by year. At the same time, further deepening the transformation and upgrading is still facing greater pressure. A series of severe challenges such as the complicated domestic cotton market situation, the slowing down of domestic demand market, the continuous rising of comprehensive cost and the fierce competition of the international market remain to be solved. The inherent structural contradictions of the industry itself in raw materials, capacity, layout and enterprise organization are also urgently needed to be solved.

Wang Tiankai, President of China Textile Union, said that the current textile industry is facing various external risks and internal contradictions in its development. These problems prompt the industry to accelerate the transformation and upgrading of specific direction and task requirements, and the industry needs to fully understand and focus on it. To sum up, the problem mainly includes 6 aspects:

First, the domestic cotton market is still complex. This year, the domestic cotton management policy has achieved new breakthroughs. For the new listing of Xinjiang cotton, the state has established a subsidy for planting in accordance with the difference between 9~11 average monthly market price and target price, which will help to gradually restore the market attribute of domestic cotton prices. However, as the implementation effect of the direct subsidy policy is still uncertain, national cotton reserves and import quotas will have a direct impact on domestic cotton prices, and the domestic cotton market situation will become more complicated. The prices of cotton and downstream products continue to be in the down zone, which also increases operational risks and tests the market reaction and internal management capability of textile enterprises.

Second, the restructuring of chemical fiber production capacity is arduous. Last year to the beginning of this year, domestic PTA and polyester, polyester and other chemical fiber raw materials and products prices showed a downward trend continuously, the pressure of corporate losses increased. Chemical fiber industry Productive capacity, structural surplus and market appear. Excessive competition Prominent problems are important reasons. Since May this year, backbone chemical fiber enterprises have made some progress by strengthening self-discipline, reducing output and regulating competition order. However, we need to pay more attention to the issue of how to effectively affect the price fluctuation of downstream industries. At the same time, focusing on market terminal needs, further upgrading the functional and differential levels of fiber, and actively developing new chemical fiber varieties are both effective ways to resolve the contradiction of capacity structure and solve the contradiction between supply and demand of raw materials such as cotton.

Third, the situation of energy saving and environmental protection is becoming more and more serious. Air pollutants emission standards for textile printing and dyeing industry will be introduced soon, further increasing the pressure of environmental protection tasks. standard Without the transitional period, the total amount of pollutants emission reduction task is heavier, and other objective conditions, and the vast number of small and medium-sized textile enterprises have a limited capacity to cope with the contradiction, the industry urgently needs to obtain funds, technology input and management experience, public services and other support, and enhance the sustainable development capacity.

Fourth, the adjustment of industrial layout is facing new forms and new problems. First of all, the pace of undertaking industrial transfer in the central region has continued to slow down. The total investment in the industry in the first 8 months of this year decreased by 0.2 percentage points compared with the same period last year.