The Main Task Of The Second Half Of The Textile Industry Is To Improve Wind Control And Response Capabilities.

China Textile

The report points out that textile industry above designated size has been spinning since this year.

First of all, influenced by the adjustment of statistical indicators, the cumulative growth rate of production and sales in China's textile industry has slowed down since the beginning of the year.

In 2011 1~5, the total output value of the industry increased by 30.15% compared to the same period last year, and the sales value increased by 29.85% over the same period last year.

The growth of production and marketing of industry slowed and fell month by month. The total output value of textile industry and sales value of 1~5 month fell 1.47 percentage points and 1.65 percentage points respectively compared with the first quarter.

Among them, the growth rate of 1~5 chemical fiber production and sales increased by 15.43% over the first quarter, representing a decrease of 2.52 percentage points compared with the first quarter. The yarn grew by 10.13% compared with the previous year, a decrease of 2.41 percentage points compared with the first quarter, a 15.50% increase of the cloth ratio, a decrease of 3.92 percentage points compared with the first quarter, and a year-on-year increase of 11.93% in clothing compared with the first quarter, a decrease of 2.71 percentage points over the first quarter.

Secondly, industry investment growth slowed down month by month.

Among them, the chemical fiber industry 1~5 month investment growth slowed down 42.53 percentage points compared with the first quarter, printing and dyeing

Third, textile and garment exports grew faster and slowed down.

In 1~6 months, China's textile and clothing exports totaled US $111 billion 725 million, up 25.73% over the same period last year, and the growth rate increased by 3.69 percentage points over the same period last year, down 0.47 percentage points and 1.32 percentage points respectively over the first 5 months and the first 4 months.

In the first 6 months, the export volume exceeded 4 US dollars in a single month in 4 months.

The concrete performance is: the textile clothing export price promotion contribution is prominent, the quantity growth rate obviously drops.

In 1~5 months, the export price of textile and clothing increased by 21.49%, the volume increased by only 3.88%, and the growth rate dropped 12.52 percentage points compared with the same period last year.

Among them, the export price of textile products increased by 24.91% in 1~5 months, the number of exports increased by only 4.40% over the same period last year, the export price of clothing increased by 18.91%, and the number of exports increased by only 3.54% over the same period last year.

In 1~5 months, China's textile and clothing exports to the United States increased by 15.07% over the same period last year, the growth rate slowed down 9.33 percentage points from the same period last year, and the volume of exports decreased by 2.04% over the same period last year. The growth rate dropped by 30.27 percentage points over the same period last year. In 1~5 months, China's exports to the EU increased by 27.31% over the same period last year, increasing by 9.74 percentage points over the same period last year.

Fourth, domestic market growth is still an important support for the development of the industry.

In 1~5 months, the total retail sales of social consumer goods increased by 16.6% over the same period last year, of which the retail sales of clothing above the limit increased by 23.5% over the same period last year, higher than the social average of 6.9 percentage points.

In 1~4 months, the sales of clothing products in 100 key markets nationwide increased by 25.83% compared with the same period last year, of which the price increased by 18.43% compared with the same period last year, and the volume increased by only 6.25%.

Fifth, industry profit growth has dropped.

In 2011 1~4, the total profit of the industry increased by 46.89% over the same period last year, down 10.70 percentage points and 6.68 percentage points from the first two months and the first quarter respectively.

Among them, the profit growth rate of chemical fiber industry dropped most obviously, 1~4 month growth rate dropped 26.32 percentage points compared with 1~3 months, wool textile industry, silk industry, cotton spinning industry also fell faster.

At the same time, the profit margin of the 1~4 industry reached 5.12%, 12.02% higher than that of the same period last year, and the profit margins of cotton spinning, chemical fiber, garment and textile machinery industry were above the average profit rate.

Enterprises below the scale are running poorly, and the growth rate of corporate sales revenue and profit is only a single digit growth, far below the growth level of Enterprises above designated size.

The report analyzes the main factors affecting the development of the industry in the second half of this year.

Judging from the international situation, the global economic recovery in the second half of 2011 is still lacking new growth momentum. In order to expand the money supply and increase the growth mode of stimulating demand by the government, there is a lack of sustainability. The employment improvement in the developed economies is still slow, and the trend of deterioration has been in the near future.

Judging from the domestic situation, in the second half of this year, affected by industrial decline and slowing economic growth, the implementation of domestic monetary policy will shift from emphasizing the effectiveness of curbing inflation to paying attention to maintaining the stability of economic growth, and the orientation of monetary policy will be finely adjusted to "relative tightening and directional easing".

Textile small and medium enterprises at this stage, most of the level of profitability is not optimistic, will largely affect the enthusiasm of bank lending, the overall financing environment is still tight, financing costs will continue to improve.

Growth rate, especially with the adjustment of raw material prices, will probably slow down the growth of export prices in the second half of the year, or will drive the total export growth of the industry to further slow down; the domestic demand market will remain stable overall, and the annual growth rate of clothing retail sales will still exceed 20%. Under the influence of high prices and macro-economic downturn, the growth rate of the clothing commodities will be slowed down compared with the previous year. The prices of raw materials such as cotton and chemical fiber will continue to show a downward trend in the future, and the cost pressures of the downstream enterprises will gradually decrease. The upstream enterprises may be faced with problems such as insufficient demand and poor sales. The overall growth of production, sales and profits will continue to slow down, and the industry will continue to face higher external risks. Enterprises must strengthen risk control and enhance their resilience so as to maintain stable and healthy development of the industry. The report forecasts the industry trend in the second half of the year, and the international market demand is difficult to improve rapidly in the second half of this year, which will affect the export volume of the industry.