Industry Dynamics
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The textile industry into the depth of the transition period
In recent years, along with the external situation changes, China's textile industrygrowth continued to slow the total scale of the overall. From 2011 to the first 8 months of this year, the textile enterprises above Designated Size Industrial value added in constant year-on-year growth of 10.7%, 10.8%, 8.3% and 7.4%,especially in the first 8 months of this year, the main indicators of above scaletextile enterprises have entered the single digit growth, the main business revenue growth of 8.2%, export growth of 5.7%.
"The industry growth rate slowed down, just as the future textile industry to further optimize the product structure, speed up the improvement of textile raw materialssupply structure, steadily push forward industrial layout and structural adjustment, make the appropriate time and space." China Textile Industry Federation President Wang Tiankai in the recently held 2014 International Textile Manufacturers Federation said, at present, the development of the textile industry has entered a new China normal depth of transformation and upgrading, enter the period from high growth to moderate growth changes in the depth of the adjustment structure, began a new historical stage, speed up transformation and upgrading.
Wang Tiankai said, although the slowdown trend China textile industry, but due to seize the technological revolution, the opportunity to upgrade the industrystructure adjustment, gradually deepening. Data shows, 2013, Chinese industrial textile production reached 11300000 tons, a 37.5% increase over 2010, clothing,household, industry with three terminal product fiber processing proportion by2010 51:29:20 adjusted to 2013 48:29:23, and further optimize the industrial layout structure. In addition, the operation quality and efficiency improved inindustry stability but also make our country textile industry to maintain a goodlevel of profitability. From 2011 to 2013, the total above scale textile enterprisesprofit with an average annual growth rate of 16.1%; the average sales profit ratein 2013 reached 5.5%, 0.6 percentage points higher than in 2010. Among them,the average profits accounted for above scale enterprises 1/3 households 12000 households advantage of corporate rate of 10.2%, total profit accounted for over 81.7% of the whole industry.
It is worth noting that although China's textile industry in the structure adjustment and operation quality has made some progress, but various external pressuresfaced at present is still prominent, the rising costs and resource and environmental constraints increasingly brings the challenge is particularly severe.
"Today, China's textile industry in the international competition advantage of the cost of basic ceased to exist." Wang Tiankai said that in recent years, continued to improve the cost of production factors of China's textile industry, per capita wages by an average of more than 10% growth rate, the wage level is much higher than the developing neighbours, cotton prices over the past three yearsmore than 30% higher than the international market.
At the same time, the Chinese government in the face of the situation of resources and environment contradiction, regulatory standards and tasks in thelow carbon, environmental protection requirements more stringent.
"Speed up the industrial transformation and upgrading, promote total factor productivity and the ability of sustainable development, effectively solve the bottleneck of resources and the environment constraints, to better participate in international market competition and the global industry division of labor, is the urgent task faced by the development of the textile industry in china." Wang Tiankai said that Fang Lian will intensify efforts to promote Chinese enterprises "going out", to overseas investment in the construction of textile raw materialbase and processing base and R & D center, constructing the complement each other and domestic industry layout. At the same time, with an open attitude,called on countries to textile
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