Before 2018, The Main Economic Indicators Of Textile Industry Showed Stable Operation In November, Strong Domestic Demand And Export Rebound.

In the past 2018, China's economy was stable and varied, and the external environment was complex and severe, and the economy was facing downward pressure.

China's textile industry has played a positive role in stabilizing employment, stabilizing finance, stabilizing foreign trade, stabilizing foreign investment, stabilizing foreign investment, stabilizing investment and stabilizing expectations.

Judging from the economic operation of China's textile industry in 2018 1~11, the domestic and foreign markets of textiles and clothing have performed well. The growth rate of industrial added value of textile enterprises above the national scale has increased at a low level, the quality and efficiency of the whole industry has been continuously improved, and the growth rate of whole industry investment has continued to rise, and the main indicators have been running smoothly.

Good performance in internal and external markets.

Since 2018, China's textile and clothing market has seen a rapid growth.

According to the National Bureau of statistics, retail sales of clothing shoes and hats and needle textiles increased by 1 trillion and 200 billion yuan over the 1~11 months, an increase of 8.1% over the same period last year, and the growth rate increased by 0.5 percentage points over the same period last year. This growth rate has been slowing down since June 2018, but it is still higher than the previous two years.

Online retail continues to maintain rapid growth. Combined with recent data, the scale of online retailing continues to expand. The proportion of retail sales of physical online accounts for 8.3% of the total retail sales of consumer goods from 2015 in early November 2018 to 18.2% in the year.

Among them, the online retail sales of apparel products nationwide increased by 21.2% over the same period 1~11, the growth rate was 3.2 percentage points higher than that of the same period last year, but its growth rate has been slowing since the beginning of 2018.

Textile exports continued to pick up.

According to China Customs express, exports of textiles and clothing totaled $276 billion 731 million in 1~12 months in 2018, an increase of 3.52% over the same period last year.

The layout of the international market is more and more optimized. In 1~11 months, China's exports of textile raw materials and textiles to the United States, European Union and Japan increased by 8.8%, 2.9% and 3.5% respectively over the same period last year. Exports to the emerging markets along the "one belt and one road" in Vietnam and Indonesia grew well, and exports increased by 26.5% and 21.5% respectively over the same period last year.

Added value growth and low growth

Textile industry added value continued to maintain low growth.

In 2018 1~11 months, the industrial added value of textile enterprises above designated size increased by 3% over the same period last year, and the growth rate slowed down 1.9 percentage points over the same period last year, an increase of 0.1 percentage points over the three quarter of 2018.

Chemical fiber and terminal industry grew faster.

Since 2018, the value added growth rate of chemical fiber industry has maintained steady and steady growth, from 0.5% in February to 8% in November, the growth rate is 5 percentage points higher than that in the textile industry. The growth rate of value-added in the textile industry is stable at about 8.2%, and its growth rate is 8.4% in 1~11 months. The growth rate of industrial added value in clothing and home textile industry is higher than that in the whole industry, but it continues to slow down, and its growth rate in 1~11 months is 4.5% and 3.8% respectively.

The competitiveness of the domestic equipment market has been steadily improved, and the industrial added value of the supporting textile machinery industry has increased by 10.7% over the same period last year, which is 7.7 percentage points higher than that of the whole industry.

In the major categories of products, the growth of garment products has been maintained except for the decline in garment production.

In 2018 1~11, the output of cloth, nonwovens and chemical fibers increased by 1.4%, 9.7% and 7.6%, respectively. The growth rate increased by 0.2, 9.1 and 4.5 percentage points respectively over the same period last year. The output of yarn and printing and dyeing fabrics increased 0.6% and 2.3%, respectively, and the growth rate slowed down 3.5 and 3.4 percentage points respectively.

Continuous improvement of quality and efficiency

The textile industry's profit growth is generally stable.

In 2018 1~11, the total revenue of 37 thousand Textile Enterprises above Designated Size reached 5 trillion and 111 billion 750 million yuan, an increase of 4% over the same period last year. The growth rate slowed by 0.7 percentage points over the same period last year. The total realized profit was 249 billion 890 million yuan, an increase of 7.9% over the same period last year, and the growth rate increased by 0.5 percentage points over the same period last year.

In the sub sectors, the profitability of the chemical fiber industry is stable. The total revenue and profit of the main business in the 1~11 months increased by 13.4% and 12.9% respectively. The profits of the garment industry were significantly increased, and the profit growth rate was 10.1%, which contributed 44.5% to the profits of the whole industry.

Although the apparel industry's industrial added value growth slowed down and the output decreased, but through its quality and efficiency enhancement, the brand operation achieved good economic benefits, supporting the improvement of the whole industry's efficiency, the printing and dyeing industry's pformation and upgrading progresses positively, and the total revenue and profit of main business increased by 3.7% and 11.9% respectively compared with the same period last year, and continued to pick up after reversing the negative profit growth trend in August.

The operation quality of textile industry is basically stable.

In 1~11 months, the sales profit rate of textile enterprises above designated size was 4.9%, 0.2 percentage points higher than that of the same period last year, and the total assets turnover rate was 1.3 times / year, 0.1% faster than that of the same period last year; the income cost of 100 yuan main business was 88.4 yuan, down 0.1% compared to the same period last year; the three fee ratio was 7%; the asset negative debt rate was 55.1%, slightly higher than that of the same period last year, 0.5 percentage points, still in the reasonable range.

Investment growth continues to pick up

According to the data of the National Bureau of statistics in 2018 1~11, the total fixed assets investment in textile industry increased by 5.4% over the same period last year, while the growth rate was 0.9 percentage points lower than that of the same period last year. However, it continued the good trend of the continuous growth of investment growth since 2018.

In the main sub sectors, the textile industry investment increased by 4.9% over the same period last year, the growth rate was 1.2 percentage points lower than that of the same period last year. The investment in the chemical fiber industry increased by 34.9% over the same period last year, the growth rate increased by 17.4 percentage points over the same period last year, and has been growing at a high speed growth range of 20% over the past 8 months. The investment scale of the clothing industry has been shrinking, and the investment volume has decreased by 1.9% compared with the same period last year, narrowing 3.8 percentage points compared with the first half of the year.