In The First Quarter Of 2017, The Textile Industry Started Well, And The Domestic Retail Sales Picked Up. Textile And Clothing Recovered Weakly.

Since 2017, the global economy has continued to recover. Under the background of uncertain world trade, the textile industry has accelerated the implementation of the supply side structural reform, actively implemented intelligent manufacturing, and achieved steady growth in the operation of the industry. The main products output, investment, efficiency and export indicators showed signs of stabilization, and the operation of the industry achieved a good start.

According to the world clothing and shoe net, the main indicators of operation are, except for the growth rate of industrial added value, most indicators have improved over the same period last year.

According to the National Bureau of statistics, in the 1 quarter of 2017,

The industrial added value of Enterprises above designated size increased by 5.1% over the same period last year, and the output of chemical fiber, yarn, cloth and clothing increased by 6.9%, 6%, 3.7% and 1.1% over the same period, respectively. The growth rate of the enterprises increased by 1.7, 0.2, 1.7 and 0.8 percentage points respectively over the same period last year.

The textile industry's investment completion amount of more than 5 million yuan was 213 billion 420 million yuan, an increase of 9.7% over the same period last year, an increase of 1.9 percentage points over that of 2016.

In the 1 quarter of 2017, the main business income of textile enterprises above Designated Size reached 1 trillion and 676 billion 650 million yuan, an increase of 9.2% over the same period last year. The growth rate was 4.1 percentage points higher than that of the same period last year. The total profit was 86 billion 440 million yuan, up 13.2% over the same period last year, and the growth rate was 6.7 percentage points higher than that of the same period last year.

In the 1 quarter of 2017, the sales profit rate of textile enterprises above designated size was 5.2%, up 0.2 percentage points from the same period last year; total assets turnover rate was 1.5 times / year, 2.7% faster than that of the same period last year; the turnover rate of finished products was 21.1 times / year, a 4.7% increase over the same period last year, three percentage fee 6.2%, a decrease of 0.2 percentage points over the same period last year, and a deficit of 15.8% percentage points, representing a decrease of three percentage points over the same period last year.

In the 1 quarter of 2017, the above limit is above the national level.

Retail sales grew by 6.2% year-on-year, 1 percentage points slower than the same period last year, but the decline narrowed by 1.8 percentage points compared with 2016. The online retail sales of apparel products nationwide increased by 15.6% over the same period last year, down 0.4 percentage points from the same period last year.

According to the customs express data, China's total exports of textiles and clothing reached US $76 billion 490 million in 1~4 months, an increase of 2.1% over the same period last year, and the growth rate increased by 4.9 percentage points over the same period last year.

In 2017, the international market began to show signs of stabilization. The April world economic outlook released by the International Monetary Fund (IMF) in April increased the forecast value of global economic growth in 2017 from 3.4% in January to 3.5%. The gradual increase of world trade index also indicates that trade growth will continue to pick up in the 2 quarter. The closing of the 121st Canton Fair has achieved double growth of merchants and pactions, providing positive support for China's textile and garment export growth.

The industry accounts for about 30% of the total exports of 65 countries along the "one belt and one road". With the increasingly close economic and trade ties, cooperation towards substantive progress will bring new impetus to the export growth of the industry.

The growth of China's macro economy and the real income of residents has been accelerated, providing the premise for the steady growth of domestic demand. The textile industry needs to accelerate the adaptation to the new changes in consumption upgrading, effectively improve product quality and consumption experience, realize the integration and development of online and offline, grasp the new retail opportunity, and ensure steady growth of domestic sales.

Overall, the textile industry's economic performance is expected to maintain a steady and favorable trend in the 2 quarter.

Textile and garment industry continued to recover weakly, export demand rebounds, cotton prices rose slightly:

1, the domestic retail sales are picking up, and the textile and clothing recovery is weak. In the first quarter of 2017, the retail sales of 50 large retail enterprises increased by 2% over the same period last year, up by 7.2pct over the same period last year. Online sales maintained a high growth rate, an increase of 32.1% over the same period last year, an increase of 4.3pct over the same period last year.

Sales of clothing, shoes, hats and knitwear in the first quarter increased by 6.2% over the same period last year, down by 1.0pct compared with the same period last year, and the overall trend is still adjusting.

2, the export side of foreign countries gradually recovered: the decline in textile and clothing exports narrowed in the first quarter, down 0.8% and 4.7% respectively, representing an increase of 1.4pct and 2.6pct compared with the same period last year, and overseas demand gradually recovered.

3.

A slight increase: as of May 4th, the cotton price 328 index was 1.3% higher than the beginning of the year. It began to rise slightly in late April, and the total amount of cotton reserves was 929 thousand tons. The average price was 14880 yuan / ton, partially easing the pressure of cotton supply.

More attention should be paid to the world clothing shoes and hats net.