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Saturday, May 2, 2009

The first quarter of the textile industry is immobile grim circumstances favorable factors are the cumulative

By Professional editor working for cheaponsale.

Recently, the China Textile Industry Association held in 2009 to appraise the fiscal performance of textile, for the first quarter of 2009 the fiscal circumstances in the textile in-depth analysis. Entered in 2009, the textile industry stays the trend of expansion by the end of 2008, in the worldwide economic calamity deepened and spread to the real economy, the incisive contraction in the worldwide market, the global real economy are subject to severe impact and dismay, the expansion of the textile industry has also been a very many impact. With the textile industry, the first couple months of the set free of fiscal performance knowledge, demonstration and marketing, money and export knowledge have shown a trend of reducing speed growth, particularly exports and negative growth in investment. Although introduced in the countryside to cope with the worldwide economic calamity below a series of policy estimates, China's macro economy has supposed pointers of warmer, in March of China's textile and clothing exports diminish narrowed, but the worldwide economic calamity on the impact of Chinese enterprises to deepen immobile further, it must Most of the textile enterprises in the actual performance so far is not optimistic come seal the positive impact of policies and estimates factors such as transmitted to the textile industry will take numerous time to curb textile economy is immobile a prolonged way to go down the road.

Production and sales growth continues to decline

This year, as the international economic urgent position to the genuine finances on the deepness of wideness of the disperse of China's textile enterprises to adapt output tempo, the stride of industry-wide output development slowed down down significantly. 2009 1 ~ 2 months, large-scale textile enterprises recognized an accumulative total developed yield worth of 451.1 billion yuan, an boost of 2.63 per hundred development rate over the identical time span dropped 13.92 points; sales yield worth of 440.762 billion yuan, an boost of 3.13 per hundred over the identical time span the preceding year, development rate of 14.55 per hundred decline. Nearly seven years and sales development dropped underneath double-digit grade for the first time.

Major goods persisted to slow growth, and numerous goods shrinking circumstances was. 2009 1 ~ 2 months, a total of textile enterprises above designated elevation yarn demonstration 2,868,400 tons, an enhance of 5.9%; 692,700 meters cloth demonstration, lessened 5.0 per 100 year-on-year; 3455000000 clothing demonstration, plunged by 6.6% in the same time span terminal year; the demonstration of 3,548,800 tons Fiber , an enhance of 3.9%.

Electricity industry to exactly reflect the task of the fiscal circumstances of the industry, are examined to determine the fiscal future of the industry an noteworthy indicator of warming. 2009 1 ~ 2 months, the textile industry in the doldrums with a trend of electricity, electricity consumption in the textile industry plunged 10.93 per 100, which is smaller than the manufacturing sector growth rate 0.51 fraction points of electricity; chemical industry plunged by 12.01 per 100 of electricity, which is smaller than the manufacturing sector with Electric rate 1.59 fraction points. Shoes and clothing manufacturing sector electricity consumption plunged 6.97 per 100, higher than the manufacturing sector growth rate 3.45 fraction points of electricity. It can be said that the future for a time span of time the textile industry in China stays very dangerous situation.

Investment through the past decade is the first negative growth

The textile industry to support economic operation of the "troika" of the investments of the first negative growth over the past decade. 2009 1 ~ 2 months, the entire industry for more than five million yuan investment in fixed asset investment totaled 17.745 billion yuan, up 9.78 percent decline in growth rate over the same period fell 18.73 points, investment in a new century and the first negative growth since.

Judging from the various sub-sectors, only clothing and textile industry able to maintain positive growth in investment, the remaining sub-sectors showed negative growth in investment. 1 ~ 2 months, cotton spinning industries a total investment of 21.96 percent year-on-year decline, the growth rate over the same period fell 21.01 points; investment in the apparel industry grew 5.42 percent, 21.01 percent growth rate; chemical industry investment fell 7.74 percent year-on-year growth rate 23.20 percentage points to raise; investment in textile machinery industry grew 25.98 percent, 8.65 percentage points to raise the growth rate. This reflects my different segments of the textile industrial chain of manufacturing enterprises are subject to investor confidence severely weakened.

Negative export growth

1 February this year, industry-wide total textile and clothing exports 22.451 billion U.S. dollars, higher 14.78 per 100 diminish, through the same time span the growth rate fell 24.37 fraction points, is the first time in virtually eight years of negative growth. Among them, textile export growth rate fell promptly, 1 ~ February textile exports 7.834 billion U.S. dollars, 20.94 per 100 year-on-year diminish, the swift diminish through the same time span 37.78 percent; relatively slow diminish in clothing exports, 1 ~ February clothing exports 14.617 billion U.S. dollars yuan, down 11.07 per 100, acing for a year-on-year 16.71 per 100 decline. Export enterprises to examine the actual exchange profits, calculated in RMB, 1 ~ February textile and garment exports fell 19.22% year-on-year growth rate through the same time span plunged 20.92 points.

1 February this year, China's textile and clothing exports to the United States 3,431,000,000 U.S. dollars, plunged 8.05 per 100, 1.52 fraction point diminish in growth rate. The overall shrinkage of market appeal for the euro zone this year, 1 ~ 2 months, I have the EU market for textile and clothing exports 5.252 billion U.S. dollars, higher 14.94 per 100 fall, acing for 36.66 per 100 at the end of 2008 the growth rate down 51.6 fraction points.

Africa, Europe and the United States I have a quicker diminish in the export market, in February this year, 1 to Africa, Europe and the United States market, I am textile and clothing exports to Europe and the United States is smaller than the market growth rate of export growth reflects the 3.91 fraction point forfeit in appeal for emerging markets worse.

Corporate returns reach to drop

1 February this year, more than the dimensions of the textile commerce amounted to 12.48 billion yuan of earnings, dropped 11.01 per hundred year-on-year development rate over the identical time span dropped 24.49 points; the whole commerce the slow development of major enterprise income, major enterprise cost and high development 48.12% boost in revenue; In supplement to the fine gist commerce, the apparel commerce to sustain affirmative development in earnings, the other sub-sectors displayed shrinking earnings tendency, chemical fiber commerce and even a loss-making position of the entire industry.

Textile enterprises above designated elevation in February this year, 1 to the diagram of practitioners 10,324,500 more than in 2008 1 in November lessened by virtually 50 million population, industry employment circumstances is grim.

Favorable factors are the cumulative

In response to the international financial crisis on China's impact on the real economy, the state issued a series of expanding domestic demand, capital growth, adjusted the structure of policies and measures, these policies and measures will be more to the development of China's textile industry to provide good help. At the same time, China's macroeconomic situation, the first quarter of China's macro economy has seen a positive change, signs of a warmer stabilized, it will be the development of China's textile industry to provide better macroeconomic environment.

From the first quarter of the fresh export knowledge, in March of China's textile and clothing exports good performance of textile exports narrowed year-on-year diminish, positive growth in clothing exports. Believe that the future of the textile industry to face more severe competitions, the thought of scientific expansion will be more stringently below the guidance of confidence, and promote in lead to improve advance scope for as the core of the industrial upgrading process in 2009 in the plight of a soft development. - 18762

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