Interpretation of the operation of the textile industry in 2017-2018


 On March 28, at the 5th Council of the Third Session of the China Cotton Association, Deputy Director of Ruilong, Ministry of Industry and Information Technology, introduced the operation of the textile industry in 2017 and 2018.
He introduced that in 2017, the textile industry has four characteristics: 1. The quality and efficiency of the operation are improved. The chemical fiber, textile machinery and other industries rely on scientific and technological progress and profits increase rapidly. In 2017, the main business income of textile enterprises above designated size was 68936 billion yuan, an increase of 4.2% year-on-year, and the growth rate was 0.1 percentage points higher than the previous year; the total profit was 376.9 billion yuan, an increase of 6.9% year-on-year, and the growth rate was 2.4 percentage points higher than the previous year ; The profit rate is 5.47%, a year-on-year increase of 0.01 percentage points. The total profit of the chemical fiber industry increased by 38.3% year-on-year, and the growth rate increased by 18.4 percentage points over last year; 2. Domestic sales and exports rose steadily, and market demand picked up. In 2017, the retail sales of apparel, shoes, hats and needle textiles in units above designated size in China was 1,455.7 billion yuan, an increase of 7.8% year-on-year. The growth rate in the past 7 years has continued to decline, and the growth rate has increased by 0.8 percentage points over the previous year. 3. The output and benefits of the printing and dyeing industry have risen steadily, and the effect of environmental protection improvement has begun to show. In 2017, printing and dyeing output increased by 4.8% year-on-year, and the growth rate increased by 1.5 percentage points from 2016 and 8.1 percentage points from 2015. The main business income of cotton printing and dyeing processing increased by 6.5% year-on-year, and the growth rate was 6.4 percentage points higher than the same period of last year, and 2.3 percentage points higher than the average growth rate of the entire industry; the total profit of cotton printing and dyeing processing increased by 11% year-on-year, and the growth rate was higher than that of the same period of last year Increase by 5.6 percentage points. 4. The growth rate of industrial added value is basically stable, and the growth rate of output of subsequent products has dropped. In 2017, the industrial added value of textile enterprises above designated size increased by 4.8% year-on-year, and the growth rate decreased by 0.1 percentage point from the previous year. Chemical fiber output was 49.2 million tons, an increase of 5.0% year-on-year; yarn output was 40.5 million tons, an increase of 5.6% year-on-year; cloth output was 69.6 billion meters, an increase of 1.2% year-on-year; apparel output was 28.8 billion pieces, a year-on-year decrease of 2.6%. In addition to the increase in the growth rate of chemical fiber output, the growth rate of other downstream products has declined .
From January to February 2018, the textile industry has three characteristics: First, production is basically stable. According to data from the Bureau of Statistics, from January to February 2018, the industrial added value of the textile industry increased by 3.8% year-on-year, and the growth rate fell by 1.2 percentage points year-on-year. Yarn output of textile enterprises above designated size was 5.31 million tons, an increase of 6.7% year-on-year; cloth output was 8.8 billion meters, an increase of 6.7% year-on-year; chemical fiber output was 7.16 million tons, an increase of 3.2% year-on-year. 2. The domestic market is growing well. In January-February 2018, the national retail sales of clothing, hats, needles and textiles above designated size was 239.7 billion yuan, an increase of 7.7% year-on-year, and the growth rate was 1.6 percentage points higher than the same period of the previous year. The national retail sales of online wearables increased by 36.8% year-on-year The same period of the previous year accelerated slightly by 21 percentage points. 3. The export market is picking up significantly. Since the beginning of this year, China's textile and apparel exports have picked up momentum. According to customs statistics, from January to February 2018, China's textile and apparel exports totaled US $ 434.43 billion, a year-on-year increase of 25.49%, and a significant increase of 34.61 percentage points from the same period of the previous year. Among them, the cumulative export of textiles was US $ 18.901 billion, an increase of 34.4% year-on-year; the cumulative export of clothing was US $ 24.54 billion, an increase of 19.39% year-on-year .