The analysis of the China Textile Alliance data came out: How did the textile industry perform in th

Since 2018, the world economy has maintained a recovery track, the market demand is relatively strong, the textile and apparel international and domestic markets have achieved rapid growth, supporting the smooth operation of the textile industry. The supply-side reform of the textile industry has continued to advance, the supply-demand relationship has improved, the sales industry has continued to innovate, the quality of development has steadily improved, and the main indicators show a monthly trend of recovery. Looking forward to the whole year, the textile industry is expected to maintain stable operation under the support of domestic consumption and transformation, but a series of external pressures such as cost and environmental protection still need to be overcome, trade frictions need to be properly dealt with, and the task of accelerating high-quality development of the industry and enhancing risk resistance is more urgent.
Rapid growth in market sales & nbsp; & nbsp; outstanding contribution of domestic demand consumption < br style= "font: 100 14px/30 PX simsun; text-align: left; color: RGB (51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; font-size-adjustment: font-stretch: none; text-transform: norm: text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; fon Al; -webkit-text-stroke-width: 0px; / >
The domestic and new markets are also accelerating at the same time. According to the data of the National Bureau of Statistics, in the first three quarters of 2018, China's per capita disposable income increased by 6.6%, and consumption expenditure increased by 6.3%, both faster than the growth level of 6.2% per capita GDP. The contribution rate of consumption increased to 78%. Consumer goods closely related to people's livelihood are the main driving force for the growth of domestic demand. The traditional sales of textile and apparel products are better than the previous year. From January to September, the retail sales of apparel shoes, hats and knitted textiles above the national quota increased by 8.9% year on year. The growth rate is 1.7 percentage points higher than that of the same period last year, which is at a higher growth level in the past three years. Emerging industries have maintained rapid growth. The retail sales of online wear goods in China increased by 23.3% year-on-year, which is 4.1 percentage points higher than the same period last year.
Export markets continue to pick up. According to the Customs Express, China's textile and apparel exports from January to September (excluding 94 chapters) amounted to $207.77 billion, an increase of 4.6% over the same period last year, an increase of 3.7 percentage points over the same period last year, and a further acceleration of 1.3 percentage points over the first half of this year. In terms of product structure, the competitiveness of textiles is stable, with export volume increasing by 10.5% year-on-year, which is 7.6 percentage points higher than the same period last year, accounting for 43% of total exports. Clothing is subject to high manufacturing costs, orders, investment transfer and other factors. Export pressure is high. Export volume increased by only 0.6% from January to September compared with the same period last year. Separately, the export volume of textiles, raw materials and textiles and clothing in the United States, the European Union and Japan increased by 8.5%, 3.4% and 4.8% respectively over the same period last year, and the growth rate of exports to the United States increased by 9.1 percentage points over the same period last year. For Vietnam, Turkey, Indonesia and other &ldquo, along the way &rdquo, the market grew well, and exports increased by 30% over the same period last year. 5.7% and 21.6%.
Nbsp; the effect of supply-side reform is < br style = "font: 100 14px / 30 PX simsun; text-align: left; color: RGB (51, 51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; font-size-adjustment: none; font-stretch: normal; -webkit-text-stroke-width: 0px; / >
Economic benefits continued to improve. From January to September, more than 36,000 textile enterprises nationwide achieved a cumulative revenue of 42.1976 billion yuan, an increase of 4.2% over the same period last year, slowing down by 3.5 percentage points compared with the same period last year, but accelerating by 0.1 percentage points compared with the first half of this year; the total profit reached 1980.8 billion yuan, an increase of 7.1% over the same period last year, and the growth rate slowed by 3.5 percentage points compared with the same period last year. But it was 4.7 percentage points higher than the first half of this year. From the point of view of industrial chain structure, because of the improvement of industrial concentration and the extension of large-scale enterprises to the upstream refining and chemical sectors, the growth rate of benefits of chemical fiber industry is stable in a relatively high range. From January to September, the main business income and total profit increased by 14.4% and 22.3% respectively, which respectively stimulated the growth rate of main business income and profit of textile industry as a whole, by 2 and 3.2%. A percentage point.
The quality of operation is relatively stable. From January to September, the profit margin of textile enterprises above scale was 4.7%, which was 0.1 percentage point higher than that of the same period last year; the turnover rate of total assets was 1.3 times per year, and the ratio of three fees was 6.9%, which was basically the same as that of the same period last year.

Nbsp; investment growth continued to rebound < br style= "font: 100 14px / 30 PX simsun; text-align: left; color: RGB (51, 51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; font-size-adjustment: none; font-normal-stretch: w: 0; font-align: left; color: RGB (51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal Ebkit-text-stroke-width: 0px; / >
Production capacity has been maintained at a relatively high level and production growth has slowed down. From January to September, the productivity utilization ratio of textile industry and chemical fiber industry reached 80.6% and 82%, respectively, which were higher than 76.6% of the national industry. From January to September, the value added of textile enterprises above the national scale increased by 2.9% year-on-year, slowed down by 2 percentage points compared with the same period last year, but accelerated by 0.1 percentage points compared with the first half of the year. The growth rate of terminal production in the industrial chain is relatively stable, with the industrial added value of apparel, home textiles and industrial textiles increasing by 4.6%, 4.9% and 8.4% respectively over the same period last year; the production growth rate of capital-intensive and technology-intensive industries is relatively fast, and the added value of chemical fibre industry increased by 8.2% over the same period last year, accelerating by 2.8 percentage points over the same period last year; and the added value of textile machinery industry is the same. The growth rate is 12.5%, reflecting the steady improvement of the competitiveness of the domestic equipment market.
Investment growth rebounded month by month. According to the data of the National Bureau of Statistics, the investment in fixed assets of the textile industry increased by 5.8% from January to September, which was 0.4 percentage points lower than the same period last year, but increased by 9.1 and 4.5 percentage points respectively compared with the first quarter and the first half of this year. In terms of sub-industries, the growth rate of textile industry (including spinning, weaving, dyeing and finishing, knitting, home textiles and industrial use) has increased by 5.1 percentage points to 5.9% compared with the first half of the year, while the chemical fiber industry has increased by 31.9% over the same period of last six months, maintaining a high growth rate, while the investment of garment industry has decreased by 1.6% over the same period of last six months.
Macro-environment is generally stable & nbsp; downside risk can not be ignored < br style = "font: 100 14px / 30 PX simsun; text-align: left; color: RGB (51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; widows: 1; font-size-adjustment: none; font-normal-stretch; font-normal-w: 0 px; text-indent: 0 px; letter-spacing: normal; Ebkit-text-stroke-width: 0px; / >
Looking ahead, the world economy will still be on the recovery track, but the negative impact of risk factors such as liquidity contraction caused by US dollar interest rate hike and intensification of US trade protectionism on global economic growth will gradually emerge. The latest report issued by IMF in October will reduce the global economic growth forecast value from 3.9% to 3.7% in 2019, and international market. Demand growth is slowing down. Influenced by the change of external environment, the pressure of macroeconomic operation in China will increase, but the trend of stable development will not change fundamentally. The strengthening of stable employment and the striding of residents'income and consumption level towards a well-off level will support the sustained growth of textile and apparel domestic demand market and promote the development of textile industry. Absolute main force. Sino-US trade frictions are escalating. Although the direct negative impact of US tax increases on textile industry is small at this stage, the uncertainty of trade environment is rising, which increases the worries of international purchasers and domestic manufacturers. In addition, factors affecting the operation of the industry such as rising factor costs, increasing pressure on environmental protection, difficult financing and expensive financing will still exist, and textile enterprises still need to strengthen their response.

Throughout 2018, the textile industry will continue the current stable operation situation as a whole, and the main operational indicators will basically maintain the current growth level. In 2019, China's textile industry is facing a stable and changing market environment at home and abroad. The operating pressure of the textile industry will increase compared with this year. The uncertainty of the export situation will increase. The inherent demand of the industry to promote high-quality development is more urgent. We must focus on improving production efficiency and risk-resistant ability in order to maintain a stable development. Potential.