Discussion On The Operation Of China'S Textile Economy In The First Half Year

August 22nd, China textile industry The Federation held the first half of 2012 textile economic operation analysis meeting, the Ministry of industry, statistical center and cotton spinning, chemical fiber, clothing The professional associations of home textiles and other professional associations report on the production, investment, efficiency and internal and external sales of textile and sub sectors. The present situation of the industry is described, the factors affecting the operation situation are analyzed in detail, and the economic trend in the second half of the year is forecasted. The leaders of the China Textile Industry Federation and relevant departments attended the meeting.

First half of 2012 Textile Economy The operation mainly presents the following characteristics:

First, the scale of production has expanded, and the growth rate of the industry has gradually decreased.

According to statistical center analysis, in 2012 1-7, the total output value of textile industry was 3 trillion and 146 billion 713 million yuan, an increase of 10.93% over the same period last year, down 18.8 percentage points from the same period last year.

Two, due to the serious shortage of international market demand and the shrinking of orders, the scale of China's textile and clothing exports has shown a negative growth.

According to customs express data, in 2012 1-7, China's textile and clothing exports amounted to US $137 billion 401 million, down 0.2% from the same period last year. US market: 1-6 months in 2012, the United States imported 17 billion 639 million dollars of textiles and clothing from China, an increase of only 1.75% over the same period last year, and the growth rate dropped 7.44 percentage points over the same period last year. EU market: 1-6 months in 2012, the European Union imported 15 billion 995 million euros of textiles and clothing from China, down 7.73% from the same period last year. The growth rate dropped 21.24 percentage points from the same period last year. Japanese market: 1-6 months in 2012, Japan imported 1 trillion and 120 billion 685 million yen of textiles and clothing from China, down 0.48% from the same period last year, the growth rate dropped 10.49 percentage points from the same period last year.

Three, the scale of industry investment continues to expand, but the growth rate is dropping faster, and new projects continue to grow negatively. The pace of regional structural adjustment of industrial investment continues to accelerate.

In 1-7 2012, China's textile industry The industry completed 416 billion 398 million yuan in fixed assets investment, an increase of 16.87% over the same period last year, and the growth rate dropped 19.49 percentage points over the same period last year. New projects in the industry dropped by 9.35% over the same period last year. The growth rate of investment in the central and western regions was 5.95 percentage points higher than that in the eastern region and 6.97 percentage points respectively.

Four, industry profit growth has dropped faster, and the profitability of the whole industry has declined slightly.

In 1-6 months of 2012, China's textile industry has achieved a total of 114 billion 793 million yuan in total profit, down 1.94% from the same period, and the growth rate fell by 43.19 percentage points over the same period of last year. Chemical fiber industry profits fell fastest, -52.27%.

According to the Ministry of industry, the uncertainty of the international market is still high. Although the pulling effect of domestic demand growth on the industry has been improved, the overall growth level of domestic demand will still be significantly lower than that of the previous year. Raw material prices will still be the primary factor affecting the operation of the industry. If the problem of big price difference between domestic and foreign cotton can not be effectively alleviated, the situation of cotton spinning enterprises will deteriorate more effectively, and will continue to have a negative impact on the upstream and downstream industries and the terminal market. Due to the downturn in external demand and the cotton price problem, it is expected that industry production and export growth in the second half of this year will continue to decline and the efficiency will continue to grow negatively. The chemical fiber industry will be slightly improved, and the pressure of cotton spinning industry is still outstanding.