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2017 Summary Of Work: Economic Operation And Prospect Of Textile Industry

2018/1/26 12:33:00 167

Textile IndustryClothingShoes And HatsCotton Market

World clothing shoes and hats, January 22nd.

China Federation of textile industry

In 2017, the work summing up conference released the industry economic operation analysis in 2017 1-11 and the 2018 outlook.

Let's take a look with Xiaobian.

In the 1-11 month of 2017, the high quality development of China's textile industry was reflected in the growth of efficiency, the high utilization rate of capacity, the increase of consumption expenditure, and the conversion of new and old energy.

The economic performance of the industry presents the following main characteristics: first, the steady growth rate; the two is the steady growth of domestic demand; the three is the external demand market being warmer; four, the positive investment in the East; and five, the quality and efficiency are steadily improved.

1, steady growth rate

After entering 2017, China's textile industry added value growth rate gradually stabilized, and reached 4.8% in 2017.

The development of China's textile industry basically shifted from shifting to smoothing.

2, steady growth in domestic demand.

Total retail sales of consumer goods grew.

Apparel Retailing

The share of social retail sales dropped to 4%.

The scale is growing, but the growth rate is not fast.

3, the external demand market is warming up.

In the 1-11 months of 2017, the European Union, the United States and the Japanese market in traditional export markets reversed the negative growth of last year.

China's exports of textiles and clothing to the region for 83 billion 435 million US dollars, an increase of 3.11% over the same period last year, reversing two years of negative growth.

The growth rate of textile and garment exports is higher than that of the industry, and the proportion of textile and garment exports to the region is more than 1/3.

4. Investment in the East is positive.

In 2017 1-11, China's textile industry fixed assets investment of 1 trillion and 230 billion 930 million yuan, an increase of 6.29% over the same period last year.

From the view of regional structure, the investment growth in the eastern region is 8.7%, which is 4.5% faster than that in the previous year, accounting for 80.1% of the national investment increment. The higher growth rate in the eastern region shows that the higher growth rate of enterprise pformation and upgrading is high.

5, quality and efficiency improved steadily.

In 2017 1-11, the profit margin of China's textile industry was 5.26%, an increase of 0.13% compared with the same period last year, and profitability has been enhanced.

In terms of cost control, small leverage has been achieved and deleveraging has achieved some success.

The profit rate of chemical fiber, filament weaving and textile machinery industry increased significantly; the profit growth rate of cotton spinning, linen spinning and industrial industries decreased; the profit increment of chemical fiber industry accounted for 50.7% of the profit increment of the whole industry.

The overall management pressure of the industry increased slightly compared with the same period last year.

Looking ahead to 2018, Global trade growth will slow slightly.

As the global economy continues to recover, consumer information will improve and consumer demand will grow steadily. In the economic recovery cycle, the growth rate of clothing consumption is generally lower than that of durable goods and services.

Domestic consumption grew steadily, and the growth rate was basically the same as in 2017.

The national economy continues to grow steadily, providing a good economic environment for domestic consumption, increasing consumption intention and rapid development of consumer finance, providing active support for expanding domestic demand; marked upgrading of domestic demand; rapid growth in consumer demand for quality, culture and environmental protection, and the rapid development of consumer consumption and sharing economy, all of which pose new challenges to optimizing the supply side structure of the textile industry.

In 2018, cotton prices are expected to be relatively stable.

international

Cotton market

The supply and demand pattern is relatively loose, and there is no basis for a substantial increase in prices. The price difference between domestic cotton and international market is expected to be controlled in a reasonable range.

International crude oil prices will rise as the oversupply of international crude oil is gradually eased.

This will push up the cost of chemical fiber raw materials, but it will also uplink the sales prices of downstream chemical fiber products, and the chemical fiber industry is expected to continue to maintain the momentum of rapid growth since 2017.

More wonderful information about the world clothing shoes and hats net!

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