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In the first half of 2016, China's textile industry facing the external situation is still severe, the enterprise cost burden does not reduce, the internal and external market weak growth, investment growth decline significantly. But stick to accelerate the transformation and upgrading of textile industry, deepen structural reform, the supply side, benefit main indexes such as production and sales growth, industry basically stable operation.

Production, benefit circumstance basically stable

According to the national bureau of statistics, from January 2016 to June textile industry above designated size industrial production rose 6.5%, to slow down 0.3% from a year earlier, higher than the national industrial output growth rate of 0.5%. 1 ~ 5 month cumulative implementation main business income is 2.70218 trillion yuan, up 4.9% from a year earlier. Total profit of 135.63 billion yuan, up 5.8% from a year earlier. According to the national bureau of statistics bulletin, 1 ~ 6 months, the textile industry in the textile industry, chemical fiber, textile and clothing accessories, manufacturing advocate business wu income year-on-year growth of 4.5%, 5.9% and 1.8% respectively, compared with the same period last year slowdown in 1.0, 0.3 and 1.0% respectively; Textiles, textile and clothing accessories industry, chemical fiber industry profit year-on-year growth of 7.5%, 7.7% and 6.5%, respectively, textile industry grew by 1.4% year on year, textile and clothing industry, chemical fiber industry slowdown compared to 0.4 and 11.6% respectively.

Investment growth fell back

1 ~ 6 months, the industry project investment of 5 million yuan of above 561.81 billion yuan, is the complete year-on-year growth of 7.1%, year-on-year growth by 8.3%. From various regions, east, middle region 1 ~ 6 months investment year-on-year growth of 9.1% and 2.2%, respectively, was slowed 7.3 and 17.2% respectively over the same period last year; To speed up the textile industry of west China, xinjiang investment growth 1.3 times, stimulate the development of western regions in 1 ~ 6 month investment grew by 31.4% year on year.

Internal and external market pressure

Domestic textile and apparel market growth is slowing in the steady, 1 ~ 6 months above designated national clothing shoes and hats needle textile retail sales rose 7%, year-on-year 3.7% slower; The national dress goods online retail sales rose 16.9% year-on-year, plunged 13.2% from a year earlier. Textile industry exports still presents the negative growth trend, 1 ~ 6 month our country textile clothing exports to $126.93 billion, down 3.74% year-on-year, the textile export 545.93, fell by 1.91%, clothing export 723.37, fell 5.08% year on year; 1 ~ 5 month our export of textile clothing in the United States, Japan and the eu import market share fell 1, 2.6 and 2.6% respectively, the pressure of competition intensified.

The textile industry in key areas to run quality stability order

Scale of 1 to 5, 2016 more than the company sales profit margin was 5%, and finished goods turnover is 20.2 times per year, total assets turnover ratio of 1.5 times per year, compared with 6.2% three fee, improved than the same period last year. Industrial chain terminal link operation situation is good, continue to play a new growth point of industrial textiles industry, industry quality promotion and brand construction of achievements in their work. 1 ~ 5 month industrial, clothing, home textile industry profit growth of 12.3%, 7.3% and 11.8% respectively, compared to the sales profit margin was 6.1%, 5.5% and 5.8%, respectively, are better than the industry average.

Textile industry current development faces a series of practical problems, also need to strengthen the attention and response. One is the industry the problem of fixed asset investment growth gradually slowed, cost burden, financing difficulties, financing your industry, environment protection regulation formalities trival, partial structural overcapacity is textile enterprises such as the main reason for the decline in investment enthusiasm in China. Second, the cotton market situation is still complicated, state reserve cotton quantity was less than 30000 tons a day, not on the statement is to meet the daily quantity was 3 ~ 50000 tons, is also difficult to meet the demand of enterprise cotton; Non production traders participate in the auction, drive early July is higher than the national cotton reserves price put store about 15%, cotton market fluctuations; Cotton quality decline, and supply of high-grade cotton gap, natural fiber raw material effective supply. Three is upstream raw materials PTA industry overcapacity problem is outstanding, the PTA industry operating rate remained at 65% ~ 65% for a long time, and high energy consumption, lack of product differentiation of backward production capacity accounts for about 15% of the existing capacity, backward production capacity to exit the problem cannot be solved effectively, the pressure will be more obvious with excess capacity.

From throughout the year, the textile industry is relatively complex, the external situation faced by the development of the pressure. However, the textile industry overall has maintained steady running conditions. Although external demand downturn, domestic demand slowing difficult market environment has improved significantly, but the domestic and international macroeconomic fundamentals and no obvious deterioration trend, especially with the supply side to structural reform, China's economy will keep growing in a reasonable range, domestic demand has been a steady growth trend will not change, will provide the primary market support for the development of the textile industry. National cotton reserves on the late effects, though still exists uncertainty, but on the objectively increases the cotton raw material effective supply, driving prices at home and abroad worse than in previous years obviously narrowed, for stable textile enterprises in production and improvement of cotton product export competitiveness has a positive role. Transformation and upgrading of the textile industry effect appeared gradually, running basic stable quality, also will provide favorable support for industry development. Comprehensive statistics and corporate research situation, the preliminary full-year 2016 textile enterprises above designated size advocate business wu income rose by about 5%; Profit total year-on-year growth of around 5%; Exports are expected to further narrowed, textile clothing export total basic flat with last year.