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2018Since the beginning of the year, the world economy has remained on the track of recovery, the market demand is relatively strong, and the international and domestic markets of textiles and clothing have achieved rapid growth, supporting the smooth operation of the textile industry. The supply-side structural reform of the textile industry continued to advance, the relationship between supply and demand improved, the sales industry continued to innovate, the quality of development improved steadily, and the main indicators showed a monthly correction trend. Looking forward to the whole year, the textile industry is expected to maintain stable operation under the support of domestic consumption and transformation, but a series of external pressures such as cost and environmental protection still need to be overcome, trade frictions need to be properly dealt with, and the task of accelerating the promotion of high-quality development and enhancing the ability to resist risks is more urgent.

　　Rapid growth in market salesDomestic consumption contribution outstanding

Domestic market new and old business at the same time speed up. According to the National Bureau of Statistics,2018Year1~9In January, the per capita disposable income of our residents grew in real terms.6.6%Real growth in consumer spending6.3%faster than per capita.GDP 6.2%The level of growth, the contribution rate of consumption increased.78%Consumer goods are closely related to people's livelihood and are the main driving force for domestic demand growth.

The traditional sales of textile and clothing products were better than the previous year,1~9Retail sales of clothing, shoes, hats and knitwear categories above the national quota increased year-on-year.8.9%The growth rate is higher than the same period last year.1.7percentage points, at the highest level of growth in the past three years. Emerging formats maintained rapid growth, with retail sales of online wearing goods growing year-on-year nationwide23.3%The growth rate is higher than the same period last year.4.1percentage point.

Export markets continued to pick up. According to Customs Express data,1~9In January, China's total exports of textiles and clothing (excluding94chapter)2077.7Billion US dollars, year-on-year growth4.6%The growth rate is higher than the same period last year.3.7Percentage points, compared with the first half of this year to continue to accelerate1.3percentage point.

Sub-product structure, textile competitiveness is stable, exports increased year-on-year.10.5%The growth rate is higher than the same period last year.7.6percentage points, the proportion of total exports increased43%; clothing by high manufacturing costs and orders, investment transfers and other factors, export pressure is greater,1~9Monthly exports only increased year-on-year.0.6%.

In terms of export markets, exports of textile raw materials and textiles and clothing to the United States, the European Union and Japan increased year-on-year respectively.8.5%,3.4%and4.8%The growth rate of exports to the United States increased from the same period last year.9.1Percentage points; exports to countries along the "Belt and Road" such as Vietnam, Turkey, and Indonesia have grown well, and exports have increased year-on-year respectively30%,5.7%and21.6%.

　　Steady improvement in quality and efficiencySupply-side reform results show

Economic benefits continued to improve month-on-month.1~9month, nationwide.3.6Ten thousand textile enterprises above designated size have accumulated their main business income.42197.6Billion yuan, year-on-year growth4.2%The growth rate slowed down from the same period last year.3.5percentage point, but faster than in the first half of this year0.1percentage points; total realized profit1980.8Billion yuan, year-on-year growth7.1%The growth rate slowed down from the same period last year.3.5percentage points, but higher than the growth rate in the first half of this year.4.7percentage point.

From the industrial chain structure, the chemical fiber industry due to the increase in industrial concentration and large enterprises to the upstream refining link and other reasons, the efficiency growth rate is stable in a higher range,1~9Monthly main business income and total profit increased year-on-year respectively.14.4%and22.3%, respectively, driving the growth rate of the main business income and profit of the textile industry.2and3.2percentage point.

The running quality is relatively stable.1~9In January, the sales profit margin of textile enterprises above designated size was4.7%Increased over the same period last year.0.1percentage points; total asset turnover is1.3Times/year, the proportion of three fees is6.9%It is basically the same as the same period last year.

　　Production to maintain low growthInvestment growth continues to pick up

Capacity utilization remained high and production growth slowed.1~9In January, the capacity utilization rates of the textile and chemical fiber industries reached80.6%and82%Higher than the national industry.76.6%The level.1~9In January, the industrial added value of textile enterprises above the national scale increased year on year.2.9%Slower than the same period last year.2percentage points, but faster than in the first half of the year.0.1percentage point. The industrial chain terminal production growth rate is relatively stable, clothing, home textiles and industrial textiles industry industrial value added increased year-on-year.4.6%,4.9%and8.4%; capital and technology-intensive industry production growth rate faster, chemical fiber industry industrial value added growth year-on-year8.2%faster than the same period last year.2.8The industrial added value of the textile machinery industry increased year-on-year.12.5%Reflecting the steady improvement of domestic equipment market competitiveness.

Investment growth picked up month by month. According to the data of the National Bureau of Statistics,1~9Monthly textile industry-wide fixed asset investment completed year-on-year growth5.8%Decreased compared to the same period last year.0.4percentage points, but up from the first quarter and the first half of this year, respectively.9.1and4.5percentage point. By industry, the growth rate of the textile industry (including spinning, weaving, dyeing and finishing, knitting, home textiles, and industrial use) increased compared with the first half of the year.5.1percent5.9%Year-on-year growth of chemical fiber industry31.9%, continuously6Month to maintain high growth, while the clothing industry investment decreased year-on-year.1.6%.

　　Macro environment is generally stableDownside risks cannot be ignored

Looking forward to the future, the world economy will still be on the track of recovery, but the negative impact of risk factors such as the contraction of liquidity caused by the US dollar interest rate hike and the intensification of US trade protectionism on global economic growth will gradually appear,IMF10The latest report released in2019Global economic growth forecasts for the year from the previous3.9%Down3.7%The growth of international market demand is slowing down.

Affected by changes in the external environment, the pressure on my country's macroeconomic operation will increase, but the general trend of stable development will not fundamentally change. It will support the continuous growth of the domestic demand market for textiles and clothing and become the absolute main force driving the development of the textile industry. Sino-US trade frictions continue to escalate. Although the direct negative impact of US tax increases on the textile industry at this stage is small, the uncertainty of the trade environment has increased, increasing the concerns of international buyers and domestic manufacturers.

In addition, long-term factors affecting the operation of the industry, such as rising factor costs, increasing environmental pressure, financing difficulties and expensive financing, will still exist, and textile enterprises still need to strengthen their response.

2018Throughout the year, the textile industry will continue its current stable operation, and the main operating indicators will basically maintain the current growth level.2019In the year, the domestic and foreign market environment faced by China's textile industry has changed steadily, the operating pressure of the textile industry will increase compared with this year, the uncertainty of the export situation will increase, and the internal demand of the industry to promote high-quality development is more urgent. Efforts must be made to improve production efficiency and anti-risk ability in order to continue to maintain a stable development trend.