Report Card Of Economic Operation Of China'S Industrial Textiles Industry From January To November 2020

From January to November 2020, China's industrial textiles industry will continue to maintain a medium and high-speed development, and the industrial added value of Enterprises above the industry scale will increase by 56.4% year on year.

Nonwovens are important raw materials for industrial textiles. From January to November, the output of nonwovens of Enterprises above Designated Size reached 5.222 million tons, an increase of 14.4% over the same period of last year; the output of cord fabric was 574000 tons, a year-on-year decrease of 7.3%.

In terms of economic benefits, from January to November, the total operating revenue and total profit of Enterprises above the industrial scale were 288.71 billion yuan and 33.82 billion yuan, respectively, with a year-on-year increase of 33.3% and 218.6%; the operating profit margin was 11.7%, which has been in a slow downward trend since August, but still increased by 7.5 percentage points compared with the same period of last year. In terms of different fields, the nonwovens industry continued to maintain a good momentum of development, with operating revenue and total profit reaching 159.25 billion yuan and 23.1 billion yuan respectively, with the highest operating profit margin of 14.5%, which was 9.6 percentage points higher than that of the same period of last year; the business income of rope, cable and cable industry increased by 5.2% year-on-year, and the total profit recovered to positive growth, with a year-on-year increase of 1.3%; it benefited from clothing, automobile, etc The downstream market recovered and overseas textile trade orders gradually returned to the Yangtze River Delta and other regions. Although the business income and total profit of textile belt and cord fabric decreased by 12.5% and 21.6% respectively, the decline rate was gradually narrowed; the business income of awning and canvas resumed positive growth, increased by 4.4% on a year-on-year basis, and the total profit increased by 16.1% year-on-year. The business situation of the industry has been improved continuously The operating income and total profit of textiles for other industries, including raw textiles, filter textiles and geotextile textiles, increased by 35.7% and 181.9% respectively, and the operating profit margin reached 12.3%, which continued to maintain a high level.

In terms of exports, from January to November, 1.25 million tons of nonwovens, worth 4.58 billion US dollars, were exported, with a year-on-year growth of 31.6% and 62.6% respectively; the export of disposable sanitary products was 2.04 billion US dollars, with a year-on-year growth of 8.2%. By the end of 2020, China had exported more than 220 billion masks and 2.25 billion protective clothing.