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Stable growth of domestic demand is the primary driving force for the development of the textile industry in 2013
Source: | Date of issue: 2018-09-13 | Views:
key word: Stable growth of domestic demand is the primary driving force for the development of the textile industry in 2013
In 2012, China's total export of textiles and clothing reached 262.6 billion US dollars, up 3.3% year on year, and the growth rate was higher than that of the previous period; The export price increased by 3.9% year on year, and the export volume decreased by 0.6% year on year after deducting the factors of price rise.


Statistics show that in 2012, the industrial added value of textile enterprises above designated size in the current period increased by 10.5% year on year, and the growth rate decreased by 0.2 percentage points year on year; The industrial added value of the textile industry accounted for 5.6% of the national total, down 0.07 percentage points. Among them, the cloth production was 66 billion meters, up 11.5% year on year; The production of chemical fiber was 38.11 million tons, up 11.8% year on year; The clothing output was 26.7 billion pieces, up 6.2% year on year.


Since 2012, the labor cost of the textile industry has continued to increase, and 67.1% of enterprises believe that the increase in labor cost is the primary reason for affecting enterprise efficiency. In addition, the international market share of textiles and clothing has increased to other countries. Among them, Vietnam, Bangladesh and other countries have increased their share.


According to the Ministry of Industry and Information Technology, it is expected that China's textile industry will continue to grow in 2013, and the growth rate is expected to be flat year-on-year. Under the influence of demand, raw materials, energy, financial policies and other factors, the operation pressure of the industry will still be large. With China's economic development, the income of urban and rural residents continues to increase, and domestic demand for textile and clothing products is expected to continue to maintain a stable and rapid growth; The steady growth of domestic demand is still the primary driving force for the development of the textile industry.


With regard to the main problems faced by China's textile industry, the Ministry of Industry and Information Technology pointed out that since 2012, the international market demand has weakened, and the growth of demand in China's textile and clothing (clothing market prospect survey and analysis report) major export markets has slowed down, or even shrunk. Among them, the 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, the international cotton price has generally shown a downward trend since 2012, while the domestic cotton price has remained at a high level supported by temporary storage prices, with the difference between domestic and foreign cotton prices at about 5000 yuan/ton.


In 2012, China's total export of textiles and clothing reached 262.6 billion US dollars, up 3.3% year on year, and the growth rate was higher than that of the previous period; The export price increased by 3.9% year on year, and the export volume decreased by 0.6% year on year after deducting the factors of price rise. Among them, the main business income of the textile industry was RMB 5574.7 billion, up 10.7% year on year; The total profit was 294.3 billion yuan, up 7.8% year on year. The number of loss making enterprises in the industry increased by 29.6% year on year, and the total loss of loss making enterprises increased by 47.0% year on year.


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