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In 2018, although China's industrial textile industry is facing a relatively complex development environment, the demand of the main market is relatively stable. Various national policies to support the development of the real economy have been introduced and gradually played a role. The overall operation of the industry is in good condition, the situation of steady growth in production and sales and the decline in profit growth has been initially curbed. According to data from the National Bureau of Statistics, the industry's industrial added value growth rate from January to November 2018 was 8.4, which was higher than the manufacturing average and was also at the leading level in the textile industry.

From January to November 2018, the output of non-woven fabrics of enterprises above designated size was 3.518 million tons, an increase of 9.67 year-on-year, and the growth rate increased by 9 percentage points over the same period of the year. The domestic demand and export markets of non-woven fabrics maintained relatively strong throughout the year. Demand; the output of cord fabric was 589000 tons, an increase of 2.08 year-on-year, and the growth rate was basically the same as in 2017. From January to November 2018, the main business income and total profit of my country's industrial textile industry were 231.6 billion yuan and 12.04 billion yuan respectively, an increase of 8.45 and 3.76 respectively year-on-year, and the growth rate increased by 2 compared with the same period in 2017. Percentage points and 4 percentage points, the total profit gradually recovered from a small decrease in 2017 to a low-to-medium-speed growth in the second half of 2018.

From January to November 2018, the average profit margin of enterprises above designated size in the industry was 5.20, which was on the rise but still 0.24 percentage points lower than the same period last year. The main reason for the decline in the profitability of the industry is the increase in costs due to fluctuations in raw material prices, and the fierce competition in some areas makes it difficult for the selling price of products to rise in tandem with costs. The business differentiation among enterprises has also led to a decline in the overall profitability of the industry. From January to November 2018, the loss of enterprises above the industrial scale reached 12.51, an increase of 3.4 percentage points over the same period in 2017, and the loss of loss-making enterprises increased by 43.6. Small enterprises and some enterprises with a single product structure, at the end of the product life cycle, and slow innovation speed are facing greater difficulties, with reduced benefits or even losses; large enterprises have strong technological innovation capabilities, high degree of product differentiation, and fine The management is effective, and the bargaining power with upstream and downstream enterprises is relatively strong, so it continues to maintain a good momentum of development. In the first three quarters of 2018, the main business revenue and total profit of 15 listed companies in the industry increased by 12.26 and 35.69, respectively, with an average profit margin of 16.27.

By industry, the performance level of nonwovens has improved significantly. From January to November 2018, the main business income and total profit of non-woven fabric enterprises above designated size increased by 8.86 and 1.49 respectively. From the export data, the average price of non-woven fabric increased slightly; the main business income and total profit of other industrial textiles (including filtration, geotechnical, protection, transportation and composite materials) increased by 10.84 and 17.81 respectively, with an average profit margin of 5.96, A year-on-year increase of 0.35 percentage points, in the leading level in the whole textile industry. Although the main business income of ropes, ropes and cables increased by 4.94, the total profit decreased by 6.69.

From January to November 2018, the export delivery value of enterprises above designated size in the industry increased by 5.34. According to data released by China Customs, China exported 832000 tons of nonwovens from January to November 2018, with an export value of US $2.58 billion billion, an increase of 2.5 percent and 8.7 percent, respectively, and the export price of nonwovens increased by 6 percent. In the first three quarters of 2018, the United States imported $0.255 billion billion of nonwovens from China, and the share of Chinese nonwovens in the U.S. market increased slightly. According to Japanese customs data, Japan imported 229000 tons of nonwovens worth 86.59 billion yen in 2018, down 4.64 percent and 5.07 percent respectively compared with 2017, while nonwovens imported from China were 37.88 billion yen, down 12.5 percent from the same period last year.

In 2019, China's industrial textile industry will continue to rely on the huge domestic market, actively explore the international market, especially the market along the "Belt and Road Initiative" route, enhance the competitiveness of the industry through technological innovation and fine management, resolve various risks brought about by the uncertainty of the macro environment, and ensure the stable and healthy development of the industry.