Problems And Countermeasures Of China'S Textile Industry In The First Quarter
In the first quarter of 2010, China
Textile industry
The domestic market has become the main support for the growth of China's textile industry at the same time, and exports have maintained a relatively fast growth.
But the textile industry is facing the pressure of rising cotton prices and the impact of the appreciation of the renminbi is more prominent.
Basic situation of industry
One
Industrial added value
Growth accelerated steadily
In the first quarter of 2010, the added value of the textile industry increased by 13.4% over the same period last year, 7.3 percentage points faster than the same period in 2009.
Affected by factors such as market demand warming and inventory recharge, textile enterprises have increased orders, increased operating rates and accelerated production growth.
2. profit growth rebounded significantly
In the 1~2 month of 2010, China's textile industry realized a profit of 22 billion 300 million yuan, an increase of 71.6% (a decrease of 9.5% in the same period in 2009). Among them, the textile industry realized a profit of 12 billion 550 million yuan, an increase of 83.1%, and the garment and its manufacturing industry realized a profit of 7 billion 400 million yuan, an increase of 21%.
3. fixed asset investment rebound
Encouraged by the recovery of the market, the growth rate of industry investment has also picked up. In 2010 1~2, the fixed assets investment project of the textile industry over 5 million yuan actually completed the investment amount of 21 billion 872 million yuan, an increase of 23.2% over the same period last year.
4. exports are growing faster.
In 2010 1~2, China's textile and apparel exports totaled $28 billion 240 million, an increase of 29% over the same period last year.
Among them, exports of textiles amounted to 10 billion 160 million US dollars, an increase of 39.5%, and clothing exports of US $18 billion 80 million, an increase of 23.8%.
In February 2010, the total value of textile and clothing exports was 12 billion 638 million US dollars, up 89.3% over the same period last year.
Among them, exports of textiles amounted to 4 billion 567 million US dollars, an increase of 78.2%, and clothing exports of US $8 billion 71 million, an increase of 96.3%.
In February, exports of textiles and clothing decreased by 18.8%, with textiles falling by 18.2% and clothing by 19.2%.
5. the domestic market continues to be vigorous, which has become the main support for textile enterprises.
In the 1~2 month of 2010, the sales value of textile enterprises above Designated Size reached 555 billion 436 million yuan, an increase of 27.08% over the same period last year, and the growth rate increased by 23.95 percentage points over the same period in 2009. The domestic product output value was 451 billion 239 million yuan, up 30.35% over the same period last year, and the growth rate increased by 23.72 percentage points over the same period in 2009.
And the ratio of domestic sales to total sales value is 81.24%, which is 2.04 percentage points higher than that in 2009.
Existing problems
1. the impact of the low base in 2009 resulted in overestimation of the main indicators.
From the 1~2 month of 2010, China's textile industry's production, domestic sales, exports and so on showed a rapid upward trend in data performance, but it is worth noting that the low base in 2009 will, to a certain extent, lead to overestimation of the main indicators in the beginning of 2010, and the operational environment facing the industry in 2010 is more complex, with more external factors.
2. increase in raw material prices and pressure on enterprise costs
In March 2010, the domestic cotton price index (level 328) price was 16083 yuan / ton, up 1093 yuan / ton compared with February, ending the 4 consecutive month's relatively stable price.
The price of pure cotton yarn in Qian Qing market increased by 3200 yuan / ton compared with the end of 2.
3. the pressure on exchange rate changes is expected to increase.
At present, the profit margin of China's textile industry is only about 4%, and the appreciation of the renminbi will cause a large number of textile exporters to go bankrupt, and the enterprises will not be able to bear it.
Even if the short-term exchange rate does not change much, but in the medium to long term, the pressure of exchange rate appreciation still exists. If the RMB enters the appreciation cycle again, it will seriously affect the stability of China's textile and clothing export and industry.
Countermeasures and suggestions
1. speed up independent innovation.
brand building
To further develop the domestic market
With the opening of the industry, the textile industry should speed up the technological pformation and independent brand building, and constantly improve the core competitiveness.
At the same time, textile enterprises should make efforts to develop marketable products according to the changing market situation at home and abroad, improve their ability to respond quickly to market demands, and make product development, brand cultivation and market closely integrated.
We should further develop the domestic market, especially focus on exploring the market potential of the two or three tier cities in China, and intensify the development of the rural textile and clothing consumer market.
2., improve the structure of export commodities and reduce dependence on textile export markets in Europe and the United States.
In the face of America's barriers to China's textile export, the most effective measures are to produce textiles that are generally needed by international consumers, improve the structure of export commodities, strengthen cooperation with the neighboring countries (regions), and reduce the dependence on the European and American textile export markets.
For details, please refer to China trade remedy information network, Ministry of Commerce, industry injury investigation bureau.
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