1-7 Total Output Value of Textile Industry 3.146713 trillion yuan

The China National Textile and Apparel Council convened the textile economic operation analysis conference in the first half of 2012. The Ministry of Industry and Statistics, as well as the professional associations of cotton, chemical fiber, clothing, and home textiles, reported on the production, investment, profitability, internal and external sales of textiles and various sub-sectors. The current situation in the industry is described, the factors that affect the operation situation are analyzed in detail, and the economic trends in the second half of the year are forecasted. Leaders of the China Textile Industry Federation and related departments attended the meeting.

In the first half of 2012, the operation of the textile economy mainly showed the following features:

First, the scale of production has been expanded and the growth rate of the industry has gradually declined.

According to analysis by the Statistical Center, from January to July 2012, the industrial output value of the textile industry was 3.146713 billion yuan, a year-on-year increase of 10.93%, and a decrease of 18.8% from the same period of last year.

Second, due to the severe shortage of international market demand and shrinking orders, the scale of China's textile and clothing exports has shown negative growth.

According to the customs express data, from January to July 2012, China's textile and apparel exports were US$137.401 billion, which was a year-on-year decrease of 0.2%. US Market: From January to June 2012, the United States imported US$17.639 billion worth of textiles and clothing from China, which was only 1.75% higher than the same period of last year, and the growth rate was down by 7.44 percentage points from the same period of last year. EU market: From January to June in 2012, the European Union imported 15.895 billion euros of textiles and clothing from China, a year-on-year decrease of 7.73%, and the growth rate was down by 21.24 percentage points from the same period of last year. Japan Market: From January to June 2012, Japan imported 1.1206.58 billion Japanese yen from textiles and clothing, which was a year-on-year decrease of 0.48%, and the growth rate was down 10.49% from the same period of last year.

Third, the scale of industrial investment continued to expand, but the growth rate fell rapidly and new projects continued to show negative growth. The adjustment of the industrial investment regional structure continued to accelerate.

From January to July 2012, China's textile industry completed a fixed asset investment of 416.398 billion yuan, a year-on-year increase of 16.87%, and the growth rate dropped by 19.49 percentage points from the same period of last year. New start-up projects in the industry decreased by 9.35% year-on-year. The investment growth rates in the central and western regions were higher than those in the eastern region by 5.95 and 6.97 percentage points respectively.

Fourth, the growth rate of the industry's profits fell faster, and the industry’s profitability declined slightly.

From January to June 2012, China's textile industry realized a total profit of 114.793 billion yuan, a year-on-year decrease of 1.94%, and the growth rate dropped by 43.19 percentage points from the same period last year. The chemical fiber industry saw the fastest decline in profits, which was -52.27%.

According to the analysis of the Ministry of Industry, the uncertainty in the international market is still high in the future; although the growth of domestic demand has improved the pulling effect of the industry, the overall growth level of domestic demand will still be significantly lower than that of the previous year; raw material prices will still be the primary factors affecting the operation of the industry. factor. If the problem of large cotton spreads at home and abroad cannot be effectively alleviated, the deterioration of cotton textile companies will become more prominent and will continue to have a negative impact on the upstream, downstream, and end markets of the industrial chain. Affected by the sluggish external demand and the impact of cotton prices, it is expected that the growth rate of the industry's production and exports in the second half of the year will continue to decline, and the benefit will continue to grow negatively. The chemical fiber industry may be slightly improved, and the cotton spinning industry is still under pressure.