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The current situation of domestic textile industry in 2017: difficulty in retaining advantages

2017-10-18 16:07:16 Tongxiang Xing Fu Textile Co., Ltd. Read

Textile industry in China is an industry with high labor intensity and external dependence. Our country is the world's biggest exporter of textile clothing production and to ensure a steady growth of textile clothing export Chinese foreign exchange reserves, the balance of payments, the RMB exchange rate stability, solve social employment and textile industry sustainable development is very important. The raw materials of textiles mainly include cotton, cashmere, wool, cocoon silk, chemical fiber, feather down, etc. The downstream industry of textile industry mainly includes clothing industry, household textiles, industrial textiles and so on. In the view of many industry insiders, the so-called "cold winter" in the textile industry is not actually established. After decades of vigorous development, China's textile industry still occupies an important position in the international market. With the advancement of "area" national strategy, the domestic textile industry will also usher in a new trade opportunities, at the same time, the exploration has been in domestic textile industry innovation, from the former "copycat" entering the true "made in China".


The dilemma is difficult to prevent

In fact, it is indisputable that the profit space of textile industry is shrinking gradually. According to the national bureau of statistics, in the first quarter of 2016 industrial textiles industry's main business income and total profit of 66.66 billion yuan and 3.89 billion yuan respectively, year-on-year growth of 5.98% and 9.4% respectively, compared with a year earlier, the main business revenue growth is basically unchanged, but the growth rate was reduced by 4% of the total amount of profits. Shaoxing flower she textile co., LTD. According to Chen, head of the jin in an interview with reporters pointed out that the domestic economy, economic growth is slowing and abroad caused a direct impact on sales of textile fabrics. "The volatility of RMB exchange rate since 2016 has been so severe that textile companies are afraid to take large orders and long lists to avoid losses. The external economic environment is not good, and the purchasing power of foreign investors has decreased, making the export status of textile industry worse and worse. Chen yijin admits. Textile industry market research and analysis report data also shows that in August 1, 2016, our country textile clothing export is $178.337 billion, down 3.33% year-on-year, the textile export is $71.815 billion, down 0.50% year-on-year. At the same time, higher costs has become a threshold in front of textile industry, as the textile raw material prices sharply higher, weaving product profit level is reduced, manufacturer production enthusiasm is affected. In addition, Chen said that at present, the end market textile enterprises generally reflect less orders, which also led to a slow decline in the inventory of weaving enterprises. And textile materials manufacturers inventory is high, leads to the downstream plant to raw material procurement to cautious, just need to buy is given priority to, maintain regular inventory and manufacturers of high pressure, enterprises according to the production orders, factory empty rate is higher, affect the weaving industry production enthusiasm. "Labor costs are a big problem." Chen pointed out that the current domestic labor costs are rising, and the domestic textile industry, which has been "competitive" in terms of "thin profits", has faced new problems. Nevertheless, the international competitiveness of domestic textile industry cannot be underestimated. Li binhong, director of the national textile development center, believes that domestic textile technology and fabric quality are important in the international market. According to Chen jin also points out, "in fact, after years of development, the domestic textile industry regional development pattern has taken shape, in many areas to form industrial cluster, this is other countries and regions are difficult to achieve."