The development of textile industry

Time: 2017-12-04

            China is a big country for the production and export of textiles. After years of development, China's textile industry has obvious competitive advantages. It has the most complete industrial chain in the world and the highest level of processing facilities. Many developed industrial clusters respond to market risk self-regulation The ability to continue to enhance, to the industry to maintain a steady pace of development provides a solid guarantee.

From the international environment, the international market still has more room for development and opportunities. With the expiration of China-EU textile restrictions by the end of 2007, the quotas for the establishment of quotas for textile products between China and the United States will end at the end of 2008, and the era of quota-free textiles will soon come to an end. More than 60% of the global textile market will be fully liberalized and will bring about the textile trade in China Great opportunity In the coming few years, the world economy will remain in the rising range and will surely promote the growth of international trade. This will bring favorable international market protection to the growth of China's textile and garment exports.

Judging from the domestic economic environment, domestic demand will become an important driving force for the growth of the industry. About 80% of China's textile consumption in the country. With the sustained and rapid growth of the domestic economy, the steady increase of residents' income will boost the further development of the domestic market.

Chinese textile enterprises should overcome the difficulties of rising raw materials, RMB appreciation and export tax rebate adjustment, seize opportunities in textile industry development, increase industrial concentration, curb blind expansion of inefficient production capacity, increase the construction of distinctive industrial parks and strengthen independent innovation The pace of upgrading the brand building of China's textile industry, industrial restructuring and upgrading. So that China will step forward from a major textile power to a textile power.

Increasing uncertainty about the prospects of the global textile market, coupled with the global credit crisis and the United States, The EU's economic growth slowed down the same trend, will bring impact on the retail apparel. With the dollar plummeting, the ups and downs of crude oil prices and the impending lifting of China's textile exports to Europe, all announced major changes. Affected by the slowdown in the U.S. economy, corporate sales will experience a recession. As the United States and Europe may implement new trade barriers, the global textile industry may see a drastic change in procurement. In addition, in less than three months, the quota system for textile and apparel products will come to an end. This change in the international textile and apparel trading system is the latest challenge for textile and garment enterprises, which not only brings hope and opportunities but also brings with them great risks.

The shrinking demand accompanying international markets has brought unprecedented pressure on many textile enterprises. In 2008, China's textile industry is suffering the toughest year in nearly a decade. Affected by the subprime mortgage crisis in the United States, the appreciation of the renminbi, the reduction of export tax rebates, the tight monetary policy, the adjustment of the policy on processing trade and the rising labor costs, the textile industry is facing enormous difficulties and challenges. Under such circumstances, many textile industry manufacturing enterprises have fallen into the dilemma of production and operation and have been struggling to make losses. Enterprises have closed down, halted production and halted production more. These have posed a serious challenge to the textile industry. Despite the increase in the textile export tax rebate rate, the determination of the state to eliminate low-level products and enterprises has not changed. Independent innovation, cost savings, is the textile industry out of trouble recipe.

From the operation of the domestic textile industry, from January to September 2008, the total investment in fixed assets in China's textile industry totaled 202.269 billion yuan, up 10.15% over the same period of 2007. January-September 2008, China's textile enterprises above designated size produced a total of 15.9792 million tons of yarn, an increase of 9%; cloth production totaled 41.732 billion meters, an increase of 6.33%; clothing production 15,159,000,000, an increase of 5.92%; chemical The accumulated output of fiber reached 17.9780 million tons, an increase of 2.44% over the same period of last year. January-September 2008, China's textile exports reached 140.285 billion US dollars, an increase of 13.06% over the same period in 2007; imports reached 14.194 billion US dollars, an increase of 1.59% over the same period in 2007. It is estimated that the textile industry will maintain steady growth in the next 5-10 years and structural adjustment will run through the whole process of development. It is estimated that by 2010 China's textile fiber processing volume will reach 36 million tons. In the next few years, the chemical fiber industry capacity and output growth will remain at between 7% and 15%.

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