Textile Enterprises Should Accelerate Technological Transformation and Promote Reconstruction

Although China's textile industry as a whole has performed well this year, it still faces risks such as increased competition in the international market. According to industry insiders, in the future, China's textile enterprises should speed up the technological transformation in traditional production fields, implement innovation-driven development strategies in an all-round way, and promote the development of the textile industry to the mid-to-high-end level.

At present, the orders and start-up conditions of China's textile enterprises are basically normal, and the operating rate of large-scale production enterprises reaches 80%. Since the beginning of this year, the export tax rebate rate for the textile and apparel industry has increased, and Anhui, Jiangsu, Zhejiang, Hebei, Henan and other provinces have successively implemented the “high-learning and low-buckle” reforms, which provided a favorable policy environment for textile and garment enterprises and enhanced the development of the enterprise. confidence.

Relevant statistics show that since the beginning of this year, the overall operations of the three terminal industries of clothing, home textiles and industrial use have all improved, which is superior to the front end of the industrial chain. The reasons for this are, on the one hand, market structure factors, three- and four-tier cities and rural markets supporting the development of the industry; on the other hand, the raw material market has been declining all the way, which does have some impact on the front end of the industry chain.

Although China's growth potential need not be questioned, overall, the external situation faced by the textile industry this year is still more complicated. There are not only favorable conditions such as the gradual recovery of the international economy, comprehensive domestic deepening reforms, but also the risk of intensifying international competition, etc. The tasks of promoting growth, restructuring, and improving quality and efficiency are still daunting.

From the point of view of production factors, the implementation of the direct supplement measures for cotton planting will promote the gradual adjustment of the domestic and foreign cotton price gaps to a reasonable range, which will help ensure the supply of textile raw materials and stabilize the industry's operating situation in the long run. However, the domestic cotton market will remain in a period of volatility adjustment for a period of time, and textile companies are still facing uncertain risks such as too large a price difference between domestic and foreign cotton, and an increase in cotton prices and stock losses.

With the increase in consumption in the domestic market, as a necessities of life, the growth in the total consumption of clothing cannot be significantly increased. It is expected that the growth rate of domestic retail sales will be basically the same as that of 2014. Consumers' individualized and differentiated consumer demand for textile and apparel products will become the main characteristics of domestic consumption. In addition, a considerable number of regions this year reflect that the recruitment situation has improved compared to last year. The problems that enterprises focus on are still ** difficult and ** costly. Not only SMEs but also large companies have the same problems.

In the international market, in 2015, the overall slow recovery of the world economy is unlikely to change. Among them, the growth of demand for textile and apparel products from developed countries is limited; on the other hand, due to the macroeconomic fluctuations in emerging markets, the situation of a sharp decline in demand growth is also difficult to improve. In spite of this, China's introduction of a policy of increasing the tax rebate rate for textile and apparel exports has a certain incentive effect for enterprises.

In addition, the textile industry is facing the urgent task of transitioning from a manufacturing power to a manufacturing power. In this regard, the industry believes that textile companies should accelerate the technological transformation of traditional production areas, resolve some of the excess capacity, the full implementation of innovation-driven development strategy, promote the deep integration of industrialization and informatization, and promote the development of the textile industry to the high-end level.