China's textile production and export power, after years of development, China's textile industry competitive advantage is very obvious, so in 2016 China's textile industry present situation and future development of how? Let's go to see! Here are 2016 China's textile industry present situation and development prospect of analysis:

China's textile production and export power, after years of development, China's textile industry competitive advantage is very obvious, so in 2016 China's textile industry present situation and future development of how? Let's go to see! Here are 2016 China's textile industry present situation and development prospect of analysis:

Income profit growth continues to fall, demand side prospect is not optimistic, the reform of the supply side. 1 ~ 11 months of last year, the main business of the textile industry increased by 5%, total profit growth of 6.8%. Although the textile industry still achieved growth in 2015, but from the revenue and profit growth since 2013 last fall. Look from the downstream, exports fell, the total exports down 4.88% compared with 2014 in 2015. The textile industry to lower labor costs of the transfer of southeast Asian nations trend is irreversible. The second is depressed domestic consumption, clothing consumption growth continues to fall. Since 2014, the total consumption of every year by more than two percent of the total retail sales of social consumer goods in the past, become less than two percent total retail sales of social consumer goods. , under the background of diplomatic trapped, the textile industry profitability is difficult to maintain. At the same time, accounts for 10-20% of the cost of labor costs in the future will continue to rise, the textile industry of the reform of the supply side.

The textile industry reforms of the past and the future supply side

Textile industry during the period of 90 s has an important role in the economy, but as a result of excess capacity and poor equipment, the downturn in the industry profit losses. 1998-2002 - s textile industry reform through a lot of backward production capacity, close unprofitable factory, at the same time encourage exports, increase export tax rebates, reforms of cotton circulation mechanism and other means to deepen the reform. Since then, the effect of the textile industry to capacity improved significantly in 2002. Yarn, cloth production rising steadily since 02, industry profit margins by low rising steadily, enterprises reduce the profit and loss. Industry after more than ten years to realize the leapfrog development. The textile industry during the much starker choices-and graver consequences-in supply side reform is expected to close down backward production facilities, adjust the product structure as the main line.