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What Signals Does Li Keqiang'S Economic Situation Forum Give To Textile Industry?

2021/7/15 1:43:00 0

Symposium On Economic Situation

At the economic situation experts and entrepreneurs forum held by Premier Li Keqiang on July 12, many entrepreneurs made speeches, saying that the current major economic indicators are performing well, and the main bodies of the newly registered market are growing rapidly, which shows that the economy is dynamic and the enterprises are confident.

Li Keqiang demanded that we should do a good job in cross cycle regulation, deal with the possible cyclical risks, and vigorously promote reform and opening up.

I'd like to take you to interpret what is cyclical risk? Cyclical fluctuation is a common phenomenon in the process of economic development. It shows that the economy circulates from expansion to contraction. Since the reform and opening up, China's rapid economic development has made great achievements. However, it is undeniable that the annual fluctuation of China's economic growth is still relatively frequent and violent.

The periodic fluctuation in the process of China's economic growth is an objective existence that does not depend on the subjective value judgment of human beings. Only by analyzing and deeply understanding the law of economic cycle fluctuation, formulating and implementing corresponding economic policies and measures, can we reduce the amplitude of economic fluctuation, weaken its harm degree, and ensure the sustained and stable economic growth.

Textile industry also has obvious cyclical fluctuations, which is inseparable from the overall economic environment and industry characteristics. Textile workers should predict the economic situation, adjust, pay attention to the relevant reports of the economic market, and have an overall grasp of the overall environment, so as to predict the possible cyclical risks more accurately.

Li Keqiang pointed out that the current domestic and international environment is still complex, and there are many uncertain and unstable factors. In particular, the sharp rise in commodity prices has raised the cost of enterprises, and small and medium-sized enterprises have great difficulties.

So for the textile industry, what is the guiding significance?

Affected by the soaring prices of crude oil and PTA raw materials in the upstream, the price of polyester fiber has been rising rapidly. In addition to the price rise of polyester filament, many chemical fiber raw materials have opened up the rising channel, such as spandex and nylon, and the increase is even more amazing. Taking 20d spandex filament as an example, it has increased by 14500 yuan / ton, or 15.20%, since April 1. Take nylon POY as an example, since June 29, it has increased by 650 yuan / ton, or 3.27%, in a week, and the supply is often cut off.

However, even if the raw materials skyrocketed, the fabric price remained stable, one is afraid of retaining old customers, the other is that the previous inventory can still support.

Therefore, Premier Li Keqiang pointed out: "we should not only strengthen confidence in China's economic development, but also face up to difficulties."

He made it clear that the active fiscal policy and stable monetary policy should continue to focus on supporting the real economy and promoting employment. The recent measures to reduce the reserve requirement should reflect the structure, and pay more attention to supporting small and medium-sized enterprises and labor-intensive industries, so as to help ease the financing difficulties.

At the end of the talks, Li Keqiang stressed: "China's development today depends on reform and opening up. In the future, development still depends on reform and opening up. " It is necessary to expand high-level opening-up, make better use of the two markets and resources at home and abroad, develop new formats such as cross-border e-commerce and overseas warehouses, promote the steady growth of foreign trade and foreign investment, and make China continue to be a hot spot for foreign investment.


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