This year, the growth rate of the textile industry is expected to be flat

With the economic development of our country, the income of urban and rural residents will continue to increase, and the urbanization will be promoted in an orderly manner. Various policies and measures for the benefit of people's livelihood and expansion of domestic demand will be further implemented and show results. Domestic consumption of textile and apparel products is expected to continue to maintain stable and rapid growth; Steady growth is still the primary driving force for the development of the textile industry.

However, the international economic situation is still complex, and the unstable factors such as the European debt crisis have not been eliminated. There are still many uncertain factors in the international market, and there is little possibility that the demand will improve significantly. It is expected that the textile industry's export pressure will be difficult to ease this year, and the total export volume will remain low growth.

The report also predicts that the larger cotton price gap between inside and outside this year may continue to exist; labor costs, environmental resource costs and other factors continue to rise; due to further increase in energy-saving emission reduction requirements, companies will pay more.

As for the major problems faced by China's textile industry, the report points out that since 2012, the demand in the international market has weakened, and the demand for the main export markets of China's textiles and garments has slowed down or even contracted.

Maintaining a large gap between domestic and foreign cotton prices is also an important factor affecting the operation of the textile industry, weakening the competitiveness of China's cotton textile industry chain. Affected by insufficient demand, international cotton prices have been trending down since 2012, while domestic cotton prices have remained high under the support of temporary purchasing and storage prices. The difference between domestic and foreign cotton prices is around 5,000 yuan/ton.

Since 2012, the cost of labor in the textile industry has continued to increase, and 67.1% of companies believe that the increase in labor costs is the primary reason for the impact on corporate profits. In addition, the transfer of the international market share of textiles and garments to other countries has increased, and the share of countries such as Vietnam and Bangladesh has increased.

In 2012, the industrial added value of textile enterprises above designated size increased 10.5% year-on-year, representing a year-on-year decrease of 0.2%. The industrial added value of the textile industry accounted for 5.6% of the national total, a drop of 0.07 percentage points. Among them, cloth production was 66 billion meters, an increase of 11.5% year-on-year; production of chemical fibers was 38.11 million tons, an increase of 11.8% year-on-year; apparel production was 26.7 billion, an increase of 6.2% year-on-year.

In the same year, the total investment in fixed assets of China's textile industry with over 5 million yuan actually reached 779.3 billion yuan, a year-on-year increase of 14.6%, and the number of newly started projects in the industry decreased by 5.5% year-on-year. The investment in cotton textile and printing and dyeing industry increased by 12.5% ​​year-on-year, and the investment in chemical fiber industry increased by 20.3% year-on-year.

In 2012, China’s textile and apparel exports totaled 262.6 billion U.S. dollars, an increase of 3.3% year-on-year, and the growth rate increased from the previous period; export prices increased by 3.9% year-on-year, and export volume decreased by 0.6% year-on-year after deducting price increase factors.

In the same period, the main business income of the textile industry was 5.5747 billion yuan, a year-on-year increase of 10.7%; the total profit was 294.3 billion yuan, a year-on-year increase of 7.8%. The number of industrial loss-making enterprises increased by 29.6% year-on-year, and the total loss of loss-making enterprises increased by 47.0% year-on-year.