my country’s textile industry operated smoothly in 2016

my country’s textile industry operated smoothly in 2016

Abstract: In 2016, under the complex situation of economic downturn and weak market demand, my country’s textile industry further promoted transformation and upgrading and actively implemented supply-side structural reform. The textile industry achieved steady growth throughout the year, with stable industry profitability and continuous improvement in operating quality. , but the cost burden on enterprises is still heavy, and the industry faces greater development pressure. Economies of scale have stabilized and slowed down. According to data from the National Bureau of Statistics, the industrial added value of enterprises above designated size in the textile industry in 2016 was year-on-year.

2016 Under the weak and complex situation, my country’s textile industry has further promoted transformation and upgrading and actively implemented supply-side structural reform. The textile industry has achieved steady growth throughout the year, industry profitability has been stable, and operating quality has continued to improve. However, the cost burden on enterprises is still heavy, and the industry faces greater challenges. great development pressure.

The benefits of scale have stabilized and slowed down. According to data from the National Bureau of Statistics, in2016the industrial added value of enterprises above designated size in the textile industry increased by4.9% year-on-year. The growth rate in the same period last year was1.4 percentage points; the main business income was achieved7330.23 billion, a year-on-year growth4.1%, the growth rate slowed down0.9 percentage points compared with the same period last year; total profit achieved400.36billion yuan, a year-on-year increase of 4.5%, and the growth rate slowed down 0.9 compared with the same period last year. b>percentage points; fixed asset investment completed1,283.87 billion, a year-on-year increase of7.8%, The growth rate dropped by 7.2 percentage points compared with the same period last year.

Market pressure is more prominent. In 2016, the national retail sales of clothing, shoes, hats, needles and textiles above designated size increased by only 7% compared with the previous year. Slowed down2.8percentage points over the same period; nationwide online retail sales of clothing products increased18.1% compared with the previous year A decrease3.3percentage points over the same period. The cumulative exports of textiles and clothing for the whole year were US$270.12 billion, a year-on-year decrease of 7.2% and a deeper decline than the same period last year2.4 percentage points.

The quality and efficiency of the industry are stable and improving. In 2016, the sales profit margin of textile enterprises above designated size was 5.5%, and the total asset turnover rate 1.6times/ years, both were the same as the same period last year; the finished product turnover rate21.98times/year, an increase of 1.2% compared with the same period last year; the three-fee ratio is 6.1% , a decrease of 0.1 percentage points from the same period last year.

Progress has been made in transformation and upgrading. In 2016, the industrial added value and total profit of the industrial textile industry increased by 9.1% and respectively year-on-year. >8.3%, sales profit margin is 6.2%, both are significantly higher than the industry average, continuing to develop new growth points in the industry chain effect. The quality improvement and brand building work in the clothing and home textile industries has achieved results, with annual sales profit margins reaching 5.8% and 6.2% respectively. , better than the entire industry level.