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    Comprehensive Analysis Of The Current Situation And Breakthrough Of Zibo'S Textile Industry

    2008/8/15 13:55:00 24

    Current Situation Of Zibo Textile Industry

    Textile industry has always been a traditional competitive industry in Zibo, and also a pillar industry for export. It plays an important role in the economic and social development of the city.

    Since the "fifteen", the textile industry in Zibo has entered a period of rapid development, forming a textile industrial structure with chemical fiber, colored cloth, cotton textile, clothing, printing and dyeing, wool spinning, home textiles and silk as the main body. A large number of backbone enterprises and famous brand products have been nurtured and formed, which has made outstanding contributions to the economic and social development and resettlement of the whole city.

    But this year, due to a series of factors, such as rising prices of international and domestic raw materials, appreciation of the renminbi, rising labor costs, increasing financing costs and adjusting the export tax rebate policy, textile enterprises in Zibo have seen a slowdown in export growth and a decline in efficiency. The development of textile industry is facing severe challenges.

    1. The basic situation of Zibo's textile industry

    Statistics show that Zibo's textile industry (textile, textile, footwear, hat manufacturing and chemical fiber manufacturing) has 212 enterprises of above scale, assets totaling 26 billion 410 million yuan, assets and liabilities ratio 61.69%, enterprises' losses 9.43%, employees 81841, and employed persons account for 12.91% of the employees in Industrial Enterprises above designated size.

    In the first half of 2008, the city's textile enterprises realized a total sales revenue of 11 billion 462 million yuan, an increase of 10.14% over the same period last year, and realized a profit of 721 million yuan, an increase of 45.67% over the same period last year, and realized profits and taxes 1 billion 54 million yuan, an increase of 36.31% over the same period last year.

    Among them, clothing, shoes and hat manufacturing industry achieved 1 billion 388 million yuan of main business income, an increase of 16.32% over the same period last year, and realized a profit of 84 million yuan, an increase of 21.32% over the same period last year. The realization of profits and taxes was 134 million yuan, an increase of 19.83% over the same period last year.

    Two, difficulties and problems faced by Zibo's textile industry

    Influenced by various unfavorable factors at home and abroad, it is not easy for Zibo textile industry to achieve the above results.

    But in-depth analysis found that the textile industry profits, profits and taxes year-on-year growth rate is higher than last year on the basis of a lower base and chemical fiber manufacturing industry loss reduction on the basis of the (chemical fiber manufacturing industry in the first half loss 78 million yuan, a loss of 98 million yuan last year), textile industry, especially clothing, shoes, hat manufacturing industry and chemical fiber manufacturing industry operation difficulty is obvious.

    The sales revenue of textile industry increased by 10.14% compared to the same period last year, but the growth rate was lower than the average level of the whole city by 17.33 percentage points, 9.44 percentage points lower than that of the same period last year, and the finished product inventory increased by 7.02% compared with the same period last year. The main business income of the export increased by only 5.12% over the same period last year, an increase of 11.99 percentage points over the same period last year.

    Among them, clothing, shoes, hat manufacturing owners business revenue, profits, profits and taxes growth has dropped, year-on-year growth respectively down 20.05, 2.43, 0.96 percentage points.

    The chemical fiber manufacturing industry has been in a state of deficit, with a loss of 78 million yuan in 1-6.

    This adverse situation is mainly affected by the following factors:

    (1) the cost of raw materials is rising and the price of terminal products is weak.

    Under the inflation pressure that continues to push up this year, the prices of cotton and chemical fiber, the two main raw materials of the textile industry, have risen significantly: cotton prices have risen all the way from the sharp decline in cotton planting area in the United States and the continuous growth of cotton consumption in China. In the first half of the year, cotton prices in the province increased by 20.76% over the same period last year.

    Chemical fiber, as a downstream product of crude oil, has been affected by the rise in crude oil prices this year. The price of raw materials in the chemical fiber manufacturing industry increased by 40.14% over the first half of this year.

    The rise in oil and electricity prices is undoubtedly adding to the difficulties of Chinese textile enterprises in the low valley.

    However, in the context of rising prices of raw materials and accessories, textile terminal consumer prices have declined slightly: the first half of this year, the producer price index of textile products in the whole city dropped by 1.3% over the same period last year.

    The upstream cost pressure is rising, while the price of terminal products is relatively weak. The profits of textile enterprises are double squeezed.

    At the end of March, the China Textile Industry Association survey of textile enterprises in 6 provinces and cities such as Jiangsu and Shandong showed that under the double squeeze of cost and price, the average profit rate of 2/3 in the domestic textile industry is only 0.62%.

    (two) the continued appreciation of the RMB exchange rate has become the biggest factor in the export of textile enterprises.

    Relative to the increase of labor costs and the reduction of export tax rebates, the continued appreciation of RMB has brought greater pressure and far-reaching impact on exports. The continued appreciation of the renminbi has become the biggest negative factor in the current export enterprises' discoloration.

    According to preliminary estimates, the appreciation of the RMB has risen by 1%, and the decline in the export profits of the textile industry has been varied by products, of which the cotton textile industry has dropped by 12%, the wool textile industry has dropped by 8%, and the garment industry with a higher dependence on exports has suffered a big loss of about 13%.

    At present, the total export value of textile enterprises in Zibo accounts for about 28% of the total sales value of the textile industry, and the export dependence of the entire textile industry is relatively large.

    On the one hand, with the continuous appreciation of RMB, some textile products from Southeast Asia, such as India, Vietnam and Bangladesh, have gradually gained price advantage compared with ours. However, we are not willing to let the market face each other hand in hand. Textile export products are becoming more and more competitive. Textile enterprises have to maintain capital market or even lose money in order to maintain market share.

    On the other hand, in the face of the pressure of continued appreciation of the RMB, although some export orders are many, they dare not take orders, because it is impossible to predict the exchange rate in the next few months.

    Some have received orders before, and now they complain too much.

    The textile enterprises in Zibo appear to be in a dilemma because they want to take orders, be afraid of taking orders, difficult to pick up orders, change large bills to small ones, and make long lists for short lists.

    (three) labor costs are rising and labor shortage has a significant impact on textile enterprises.

    With the implementation of the new labor contract law, the textile industry, which has already been faced with a severe situation, is facing a huge test. The textile industry is known to be a traditional labor intensive industry, but in the competitive textile market.

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