Comprehensive Analysis Of The Current Situation And Breakthrough Of Zibo'S 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 status quo of textile industry in Zibo city. Statistics show that Zibo 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 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. The difficulties and problems faced by Zibo's textile industry are affected by various unfavorable factors at home and abroad. It is not easy for Zibo's 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) raw material costs rise, the price of terminal products is weak, and textile industry profits are double squeezed. Under the inflation pressure that has continued to push up this year, the price of cotton and chemical fiber, the two main raw materials of the textile industry, is clearly rising: cotton prices have risen all the way from the sharp decline of cotton planting area in the United States and the continuous growth of cotton consumption in China. Cotton prices in the first half of the year rose 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 negative factor in the export of textile enterprises. Compared with 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, and the continued appreciation of RMB 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. Labor shortage has a significant impact on textile enterprises. The implementation of the new labor contract law has made the textile industry facing a huge test. The textile industry is well known to be a traditional labor-intensive industry, but in the competitive textile market, it is an effective way for all enterprises to take advantage of the labor market and save labor costs.

The new labor contract law protects the rights and interests of workers to a large extent, and raises new employment requirements for employers, which is bound to enhance the labor cost and management cost of enterprises.

Most workers believe that the increase in textile labor cost in 2008 was between 20% and 30%.

At the same time, the problem of structural shortage of labor in Zibo is more obvious. In addition, the textile industry is depressed and the treatment is relatively low. A large number of young textile workers who are originally engaged in textile industry are now pferring to the service trades such as wholesale and retail trade, catering and lodging.

In addition, the textile industry belongs to the industry with high energy consumption and pollution. With the increase of energy saving and emission reduction, the cost of energy conservation and environmental protection of textile enterprises has increased significantly compared with the previous years.

(four) tight monetary policy has increased the operating cost of textile enterprises. Since 2007, the central bank has increased interest rates 5 times and raised the deposit reserve rate 16 times.

A series of tight monetary measures such as the increase of the reserve requirement, the control of the total amount of money and credit and the pace of putting into play have caused the difficulty in the loan of Zibo textile enterprises and the rising cost of financing. The overall financial cost of the enterprises has increased significantly, the liquidity of the enterprises has been in short supply, the capital chain has been tightened and tightened, and the scale of the enterprise's expanded reproduction has been directly restricted.

(five) the adjustment of relevant tax rate policy, a large number of textile enterprises are difficult to bear.

In September 2006, the state reduced the export tax rebate rate from 13% to 11%.

In July 1, 2007, China once again adjusted the export tax rebate policy on a large scale.

Different from the textile adjustment in 2006, the scope of the adjustment has been extended to clothing and some textile materials.

Among them, clothing, shoes and hats, bags and bags products were reduced to 11% from 13% of the export tax rebate rate, and the export tax rebate rate of viscose fibers was greatly adjusted from 11% to 5%.

The two reduction in the export rebate rate of textile products has further reduced the profit margins of textile enterprises.

Most textile enterprises in Zibo are afraid of losing the original market risk because they worry about losing their original market. They dare not rush to increase the price to make up for the loss of export tax rebate, and enterprises are in the most difficult position in history.

In addition, we also understand that with the increasing gap of domestic cotton, imported cotton occupies a more and more important position in textile enterprises. At present, some key textile enterprises occupy about 30% of the total cotton demand in the year. The current international cotton prices continue to rise. After importing high sliding tax on imported cotton, imported cotton prices are higher than domestic cotton prices, and the cost of raw materials imported by enterprises has risen sharply.

Three, correctly understand the difficulties and challenges faced by the textile industry. In 1998, in order to achieve the goal of the three year reform of state-owned enterprises proposed by the 15th National Congress of the CPC, the state took the textile enterprises as a breakthrough point, demanding that the country should eliminate and eliminate 10 million cotton spinning ingots in three years, and distribute 1 million 200 thousand jobs for laid off workers.

At that time, the deep-seated contradictions of the system led to backward production capacity flooded enterprises, a large number of redundant staff to reduce efficiency, heavy debts of historical debts also dragged down enterprises, and then caught up with the Asian financial crisis, resulting in textile exports showed a rare negative growth.

However, the adjustment of industry at the time was mainly driven by the endogenous factors in the industry.

But the current predicament has obvious differences in origin, background and nature 10 years ago.

From the international perspective, as the follow-up effect of the secondary debt crisis has been released around the world, the US dollar has continued to depreciate, and international oil prices and grain prices have continued to rise. The growth of consumer spending on textiles and clothing in developed countries such as the United States and Europe has slowed down considerably. Meanwhile, trade protectionism is rising and international competition is more intense.

From the domestic perspective, the main reason for the decrease in profits of textile exporting enterprises is RMB appreciation and export tax rebate rate reduction.

In addition, the price growth of main raw materials and energy resources all exceeded the increase of factory and retail prices. The implementation of the new labor contract law will bring about a substantial increase in per capita labor remuneration in the textile industry.

The drawbacks of the textile industry still exist, and we still need to make great efforts in quality self-discipline, social responsibility and orderly market competition.

"There is no sunset industry, only sunset technology."

It is a new macro policy environment and a new challenge and test for the textile and garment industry to implement Scientific Outlook on Development, change the way of development and curb the overheated economy and overall inflation.

In the short term, many international and domestic factors have made textile enterprises, especially small and medium-sized enterprises, have difficulties in production and operation. But in the medium to long term, this is also a rare opportunity for industrial upgrading and industry integration, and the development of textile industry is faced with both challenges and opportunities.

Through industrial upgrading and industry integration, the textile industry has a bright future.

From the perspective of market discipline, this is a process of "survival of the fittest". Through this crisis, there must be a large number of backward production capacity dismounted.

And the surviving businesses must be healthier and stronger.

Judging from the advantages of raw materials, domestic fiber production accounts for about 25% of world fiber production, and chemical fiber accounts for nearly 50% of the world's total. Textile raw material superiority has not been able to compete with China at least in the next 10 years.

From the perspective of labor employment, the labor cost of our textile industry has improved at present, but the comparative advantage has not changed fundamentally in the whole international scope.

From the demand situation, although the demand of the international market is weak, but with the continuous increase of the income level and urbanization rate of the domestic people, the growth of the domestic market of textile products, especially the vast rural market, is enormous.

Upgrading of domestic sales brings huge room for development for the textile industry.

From the recent high-level leadership to Shanghai, Jiangsu, Shandong and other foreign trade enterprises research, the difficulties facing the domestic textile industry have also attracted the attention of the leaders of the country, and the support policy is worth looking forward to.

Four. Several suggestions for the development of Zibo's textile industry. (1) accelerating industrial upgrading is a breakthrough to overcome the current difficulties. For a long time, the competitive advantage of China's textile industry is labor cost advantage, and it's going to be low added value, quantity type and resources.