The Status Quo, Problems And Countermeasures Of China'S Textile Industry In 1~9

In the 1~9 month of 2010, China's textile industry has maintained a relatively good growth momentum in terms of production and export.

However,

I. Basic industrial situation

1. industrial added value growth accelerated

In the 1~9 month, the added value of the textile industry increased by 12.4%, an increase of 4 percentage points compared with that of the first half of the year, 0.2 percentage points faster than the first half.

Since June 2010, the added value of textile industry has been increasing month by month.

In September, the added value of the textile industry increased by 12.1% over the same period last year, 0.5 percentage points faster than last month (Figure 1).

2. main

In 1~9 months, the output of yarn, cloth and clothing increased by 16.1%, 17.6% and 18.2%, respectively, and the chemical fiber increased 14.2%.

In September, the output of yarn, cloth and clothing increased by 13.9%, 20.4% and 19.1%, respectively, and the chemical fiber increased by 15.2%.

3. cotton prices accelerated

Domestic cotton and cotton yarn prices rose sharply.

Affected by rising demand, domestic cotton production and poor import channels, cotton prices have continued to rise since 2010.

Cotton prices only dropped slightly in late August, and again accelerated in September.

In September, the domestic cotton price index (level 328) price was 22684 yuan / ton, up 4679 yuan / ton from last month, up 40.5% compared to the same period last year.

The price of pure cotton yarn in Qian Qing market was 31125 yuan / ton, up 46.8% compared with the same period last year, rising 4625 yuan / ton compared with last month.

The price of polyester chips, polyester filament and polyester staple fiber rose by 1000 yuan / ton, 1100 yuan / ton and 2580 yuan / ton respectively than the end of last month.

4. the export situation continues to improve.

In September, export of textiles and garments was US $20 billion 10 million, an increase of 19.5% over the same period, a decrease of 0.6% over the same period.

Among them, textile exports amounted to 6 billion 810 million US dollars, an increase of 20.2% over the same period, an increase of 2% over the same period, and clothing exports of US $13 billion 200 million, an increase of 19.1% over the previous year, a decrease of 1.9% over the same period.

The export volume of clothing has been close to that of textiles (Figure 2).

In 1~9 months, textile and apparel exports totaled $149 billion 820 million, an increase of 23.2% over the same period last year.

Among them, exports of textiles amounted to 56 billion 330 million US dollars, an increase of 30.7%, and clothing exports of US $93 billion 490 million, an increase of 19%.

In 1~9 months, the export value of textile industry increased by 16.6% compared to the same period last year, 0.3 percentage points faster than that in the first half, an increase of 9.7% over the same period in 2008.

In September, the export value of textile industry increased by 15.3%, down 2.8 percentage points from last month.

5. steady growth in investment

In the 1~9 month, the investment in textile, textile, clothing and footwear manufacturing increased by 21.4% and 25.5% respectively, up 0.4 percentage points and 2.6 percentage points over the first half of the year (Figure 3).

6., profits have recovered rapidly.

In 1~9 months, the gross profit of textile industry and clothing and footwear manufacturers increased by 51.9% and 30.4% respectively, up 46.5% and 42.1% respectively in September.

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Two, problems

1. export market demand rebounded slowly.

In 2010, with the further decline of the financial system risk in developed countries and the gradual improvement of market confidence, the world economy will be better and the international market will recover to a certain extent.

However, at present, the unemployment rates of major developed economies such as the US, Europe, Japan and other major economies are at a historical high level. The unemployment situation still takes a long time to be completely improved, which restricts the growth of personal consumption. Therefore, the recovery rate of international market demand will be slow as a whole, and the export growth of China's textile industry is still weak.

2. the pressure on exchange rate changes is expected to increase.

Since September, the appreciation of RMB has risen to 1.74% in just a month, setting the fastest rate of appreciation since 2005.

The trend of appreciation continued in October.

Under the influence of exchange rate and other factors, although the order of China's textile export enterprises has not decreased, profits have approached the limits that can be borne.

3. cotton prices rise and increase cost pressures

At present, the rise of cotton prices has surpassed the rise of industrial commodities such as crude oil and copper.

However, due to the lack of funds invested by the state in cotton reserves and the restriction of storage scale in various places, the current scale of cotton reserves in China is limited.

After the liberalization of China's cotton market, the total volume of national storage and storage is not more than about 2700000 tons, while the total annual cotton consumption in China is more than 10 million tons.

4. China's textile and clothing exports are frequently recalled.

In 1~9, the US Consumer Product Safety Commission launched 34 recall of Chinese textiles and clothing. The European Union issued 254 notifications of Chinese clothing, fabrics and fashion products, accounting for 30.4% of the total number of products announced by the EU in the same period (836 items), ranking only second after toy products.

China's exports of textiles and clothing are frequently recalled by the US and Europe. Besides the quality and safety problems of some export garments, there are still lagging behind the standards of production and export in China, which are out of line with international standards, backward in testing methods, slow in certification, lack of mandatory standards and technical regulations.

The problem of information communication between China's export enterprises and target countries is also an important reason for the frequent recall of products in China.

Three, countermeasures

1. further develop the domestic market.

Under the favorable conditions that the domestic market provides the textile industry with great development space, textile enterprises should further develop the domestic market while continuing to stabilize the international market share, especially focus on exploring the market potential of the two or three tier cities in China, and increase the development of the rural textile clothing and consumer market.

2. improve cotton purchasing and storage mechanism

The state should improve the existing cotton purchasing and storage mechanism as soon as possible, implement a more flexible reserve mode, and even consider bringing foreign cotton into China's scope of collection and storage.

When the international cotton price is lower than the domestic cotton price, there is sufficient cotton resources in the country's hands to carry out the "timing and orientation" in order to guarantee the need for regulation.

3., guard against trade protectionism and technical barriers to trade.

The government and trade associations should assist enterprises to grasp the latest requirements and regulations in the export market countries on product inspection standards and access systems. At the same time, domestic enterprises should pay close attention to information on trade barriers in all aspects, calm down to deal with technical barriers to trade, and make early strategic choices from the source of technology to grasp the development trend.

Under the condition of mature technology, we should actively strive for trade initiative, participate in the formulation of international standards, and grasp the right to trade.