The industry’s five-year development plan is released, and the textile and apparel industry is expected to benefit
In the “Thirteenth Five-Year Plan for National Economic and Social Development” After the announcement of hierarchical plans such as “Made in China 2025” and “Made in China 2025”, the fabric workwear industry ushered in the “Fabric Industry Development Plan (2016-2020)” (hereinafter referred to as the “Plan”). The website of the Ministry of Industry and Information Technology showed yesterday that the Ministry of Industry and Information Technology has recently compiled and announced a five-year development plan for the fabric industry. Industry insiders believe that the “Plan”, as a special plan to guide the progress of the fabric industry during the “Thirteenth Five-Year Plan” period, will promote the transformation and upgrading of the fabric industry.
The “Plan” proposes to promote intelligent manufacturing and green manufacturing Manufacturing, promote the industry to move towards the mid-to-high end, and initially build a fabric power. The “Plan” puts forward specific tasks in six aspects: improving industrial innovation capabilities, vigorously implementing the “three-product” strategy, promoting intelligent manufacturing of fabrics, accelerating green development, promoting regional coordinated progress, and enhancing the overall strength of enterprises.
Specifically, the plan proposes, “Thirteen During the Five-Year Plan period, the average annual growth rate of the industrial added value of fabric enterprises above designated size remained at 6%-7%; the market share of fabric workwear exports remained basically stable. The growth mode of the fabric industry has changed from scale and speed to quality and efficiency. At the end of the 13th Five-Year Plan, the proportion of research and experimental development expenditures of large and medium-sized enterprises in their main business income reached 1%. During the “Thirteenth Five-Year Plan” period, the number of creative patent authorizations in the fabric industry increased by an average of 15% per year, and the labor productivity of all employees above designated size increased by an average of 8% per year. At the end of the “Thirteenth Five-Year Plan”, the fiber consumption ratio of the three major categories of end products: workwear, home textiles, and industrial use reached 40:27:33.
Benefiting from the depreciation of the RMB and the increase in cotton prices, fabric manufacturing companies performed well in the first half of the year. According to statistics, in the first half of this year, the fabric manufacturing industry achieved a net profit of 1.976 billion yuan, a year-on-year increase of 8.24%; the workwear and home textile industry achieved a net profit of 4.742 billion yuan, a year-on-year decrease of 8.11%; the fabric workwear industry achieved a net profit of 6.730 billion yuan, It fell 8.17% year-on-year; the performance of most leading companies in the industry met expectations.
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