China'S Textile Industry: Deep Restructuring To Accelerate Pformation And Upgrading

China's textile industry has entered a new normal of deep pformation, upgrading and development.

In recent years, with the change of external situation, our country

The total size growth rate continued to slow down overall.

From 2011 to the first 8 months of this year, the industrial added value of textile enterprises above designated size increased by 10.7%, 10.8%, 8.3% and 7.4%, respectively. In the first 8 months of this year, the main indicators of textile enterprises above Designated Size have entered a single digit growth rate, of which 8.2% of the main business revenue and 5.7% of export growth.

"The slowdown in industrial growth is precisely for the future.

We should further optimize the structure of textile products, speed up the improvement of the supply structure of raw materials, and steadily adjust the industrial layout structure, so as to make room for appropriate time and space.

Wang Tiankai, President of China Textile Industry Federation, said at the 2014 International Textile Manufacturers Federation recently held that the development of China's textile industry has entered a new normal of deep pformation and upgrading, and entered a cycle of rapid growth to medium speed growth and change, and began a new historical stage of deep adjustment of structure and acceleration of pformation and upgrading.

Wang Tiankai said, despite China

There is a slowdown trend, but because of the opportunity of technological revolution and industrial upgrading, structural adjustment is gradually deepening.

Data show that in 2013, the output of China's industrial textiles reached 11 million 300 thousand tons, an increase of 37.5% over 2010. The proportion of fiber processing in three categories of clothing, household and industrial products was adjusted from 2010 51:29:20 to 2013 48:29:23, and the industrial layout structure was further optimized.

In addition, China's textile industry has maintained a relatively good profit level because of its stable operation and good quality.

From 2011 to 2013, above scale

The total profit increased by 16.1% annually, and the average sales profit rate reached 5.5% in 2013, 0.6 percentage points higher than that in 2010.

Among them, about 12 thousand of the 1/3 of the enterprises above Designated Size account for an average profit rate of 10.2%, and the total profit accounts for 81.7% of the total industry.

It is noteworthy that although China's textile industry has made some progress in structural adjustment and operation quality and efficiency, the various external pressures currently facing are still outstanding. The challenges posed by rising costs and increasing resource and environmental constraints are particularly severe.

"Now, China

The cost advantage in international competition basically disappeared. "

Wang Tiankai said that in recent years, the cost of production factors in China's textile industry has continuously increased, and the per capita wages have increased at an annual rate of over 10%. The wage level is much higher than that of the developing neighbouring countries, and cotton prices have continued to be higher than 30% of the international market in the past three years.

At the same time, the Chinese government is facing stricter contradictions in resources and environment, and its supervision standards and tasks in low-carbon and environmental protection are more stringent.

"Speed up industry

It is an urgent task for China's textile industry to enhance the total factor productivity and sustainable development ability, effectively break the bottleneck of resources and environment, and better participate in international market competition and global industrial division.

Wang Tiankai said that the China Textile Federation will intensify efforts to promote the "going out" of Chinese enterprises, overseas investment and construction of textile raw material bases, processing bases and R & D centers, and so on, and build up complementary industrial layout with China.

At the same time, with an open attitude, it appeals to all countries to participate in the pformation and upgrading of China's textile industry to win a win-win situation.