Turning Point Looming: Profit Growth Or Acceleration Of China'S Textile Industry

< p > > a href= "http://news.sjfzxm.com/news/list.aspx? Classid=101112107105" > textile industry < /a > development < /p >

< p > there has been a recovery market < /p >.

< p > the economic operation data of textile industry in the first half of 2013 were released.

According to the statistics of National Bureau of statistics and customs, this year, from 1 to June, textile enterprises above Designated Size realized 2 trillion and 929 billion 730 million yuan of main business income, an increase of 13.3% over the same period last year, and realized a total profit of 135 billion 100 million yuan, an increase of 16.6% over the same period last year.

From 1 to June, the total export of textiles and clothing was 130 billion 940 million US dollars, up 11.85% from the same period last year.

The total investment in fixed assets over 5 million yuan in the whole industry reached 391 billion 590 million yuan, an increase of 15% over the same period last year.

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"P >" Zhu Qinghua, a light industry researcher at CIC, said in an interview with reporters that this data indicates that the textile industry has developed a recovery market in the first half of this year.

On the basis of the stable growth of all indicators, Zhu Qinghua analysis shows that, on the one hand, the price of the main raw material of cotton in the first half of this year showed a downward trend, which effectively improved the textile industry's < a href= "http://news.sjfzxm.com/news/list.aspx Classid= 101112107107" > profit > /a > space; on the other hand, the textile export volume increased significantly, providing a good market foundation for the development of the textile industry.

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< p > since the beginning of this year, there has been a fluctuation in the stock market in China. When many people think that the winter has passed, the "a href=" http://news.sjfzxm.com/news/list.aspx "Classid=101112107108" > bull market < /a > rim, the market is changing.

Textile enterprises have formed a beautiful landscape under the overall weakness of the market.

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"P >" after the hard times of 2012, the textile industry began to improve this year.

Exports of raw silk and cotton yarn prices also began to rebound gradually.

Compared with last year, the total export volume and export growth of textile products have been greatly improved this year, coupled with the gradual decline of domestic cotton prices, the performance of China's textile industry has also been greatly improved.

The head of a textile enterprise in Hangzhou, Zhejiang, told reporters.

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Under the dual drive of higher income and lower cost, the growth rate of textile industry's profit is accelerating step by step. < p >

Since its bottoming in June 2012, the main business revenue of the textile industry has increased by 15%, and its profit growth has recovered to more than 20%.

It can be seen that the recovery of textile industry has been promoted by the recovery of performance, and the textile industry will be strong in the second half of this year.

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< p > pressure is still < /p >.

< p > spinning enterprises overseas "extension" < /p >

In the first half of the year P, although the economic performance indicators of the industry basically increased steadily, there were obvious signs of warming. However, there are still some problems that can not be ignored in the operation of the industrial economy.

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< p > Zhu Qinghua believes that there are three main problems in China's textile industry at this stage: first, the upgrading of production capacity has not yet been realized; only a small number of enterprises focus on technology research and development, and the added value of products is low; secondly, the degree of branding of textile industry is relatively low, which compresses the profit margins of textile enterprises; thirdly, the industry concentration is low and competition is fierce.

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< p > China Textile Industry Federation news center and China Textile Economic Research Center jointly pointed out that the external situation of the textile industry is still more complicated in the second half of the year.

On the one hand, the favorable factors for supporting the development of the industry still exist, the domestic demand market is still sound, and the conditions for continued growth are steady. The adjustment of the industrial structure and the pformation and upgrading will continue to push forward the internal driving force of the development of the industry.

On the other hand, the various external pressures facing the industry can not be ignored.

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< p > "at present, the cost of labor in China's textile industry is 1 to 3 times higher than that in Southeast Asian countries, and the cost of cotton is higher than 30%, plus the low tariff preferences enjoyed by Southeast Asian countries in developed countries. Even if the advantages of the industrial system and production efficiency are fully realized, the international competitiveness of low and medium grade products has declined significantly."

Recently, in the implementation of the "going out" strategic exchange conference of China's textile industry, Wang Tiankai, President of China's "a href=" http://news.sjfzxm.com/news/ "textile industry" /a, is deeply worried about the future of China's textile industry.

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< p > the cost of raw materials continues to rise and labor costs continue to increase.

China's textile industry is facing severe development bottlenecks.

Obviously, only by going abroad, investing overseas, establishing an efficient pnational supply chain and achieving the best allocation of resources is a great outlet for the sustainable development of textile enterprises.

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For P, red beans, Bosideng, Tianhong, Shenzhou and other enterprises have set up factories overseas.

It is obvious that the cost advantage of land and labor is the initial driving force for many large enterprises to invest abroad.

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< p > "the monthly basic wage of our park is about 100 dollars."

Turning to the reasons for investment, Chen Jiangang, vice president of the red bean group, said that the monthly wages of the operators in Shanghai were 439 US dollars. Compared with Shanghai, it was indeed a lot cheaper, and the money saved could be pformed into the profits of the enterprises.

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