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Since 2019, in the face of complex and severe trade situations, the textile industry has withstood the pressures of internal and external markets, and the overall operating situation has remained stable. The growth rate of production and investment indicators is in a reasonable range. The industry has full resilience and played an active role in stabilizing growth, stabilizing foreign trade, stabilizing investment, and stabilizing expectations. This is the news that the reporter got from the recent Fourth Meeting of the Fourth Council of China Textile Industry Federation and the fifth executive director of the Fourth Session of the China Textile Industry Federation.

Production growth remained stable. Since 2019, the industrial value-added growth rate of the textile industry has been stable overall. According to the National Bureau of Statistics, the industrial added value of the textile industry increased by 4.1% from January to April. The industrial added value of most sectors of the industrial chain maintained a growth trend. The added value of chemical fiber and industrial textile industry increased by 14.3% and 7.7% respectively. The added value of clothing and home textile industry increased by 3.3% and 1.7% respectively. The output of major major categories of products continued to grow. From January to April, the production of chemical fiber in enterprises above designated size increased by 13.87% year-on-year; the output of yarn and cloth increased by 0.8% and 0.91% respectively; the output of garments decreased by 0.69%.

The domestic and international markets are under pressure. Since 2019, China's textile and apparel domestic demand market has maintained growth, but the growth rate has slowed down. Statistics show that from January to April, the retail sales of clothing, shoes, hats and needles above designated size in the country was 441.8 billion yuan, up only 2.2% year-on-year; from January to April, the retail sales of clothing products of 100 major retail enterprises nationwide fell by 7.3 year-on-year. %, slowed by 6.2 percentage points from the same period last year. In the same period, the national retail sales of online wearing goods increased by 23.7% year-on-year, and continued to maintain a double-digit rapid growth level, but the growth rate was 4.3 percentage points lower than the same period of the previous year. Export pressure has increased. According to China Customs Express data, from January to April, China’s textile and apparel exports totaled US$75.76 billion, down 3.7% year-on-year, and the growth rate was 7.9 and 1.9 percentage points lower than the same period of the previous year and the first quarter. Among export products, textile exports increased by 0.8% year-on-year, and clothing exports decreased by 7.6% year-on-year.

The scale of investment has decreased. From January to April 2019, the total investment in fixed assets of the whole industry decreased by 1.3% year-on-year, and the growth rate was 0.5 percentage points higher than the same period of the previous year. Among them, the textile and garment industry investment continued to grow, with growth rates of 0.8% and 3.2% in January-April, textile industry down 1.3 percentage points from the same period of the previous year, and clothing industry increased by 14.7 percentage points from the same period of the previous year; chemical fiber industry investment The scale decreased by 19.9% year-on-year, down from 44.9 percentage points in the same period of the previous year. In terms of regions, some provinces in the central region began to undertake the industrial transfer of filament weaving and printing and dyeing industries, and the pace of investment has accelerated. Investment growth in the eastern region is still driven by equipment upgrades and technological transformation. Xinjiang's investment has become more rational and investment growth has slowed down.

The operational quality has slightly fluctuated. The benefits of the textile industry are growing well. According to the National Bureau of Statistics, from January to April 2019, the country's 34,000 textile enterprises above designated size achieved operating income of 1,602.76 billion yuan, a year-on-year increase of 4.9%. The growth rate was 0.3 percentage points higher than the same period of the previous year; the total profit was 64.95 billion yuan. , an increase of 0.7% year-on-year, and the growth rate was 0.2 percentage points higher than the same period of the previous year. Some of the operational quality indicators fluctuated. From January to April 2019, the operating profit margin of textile enterprises above designated size was 4.1%, which was lower than 0.1 percentage points in the same period of last year, indicating that the profit margin of enterprises has been affected by factors such as cost increase. The industry's asset-liability ratio was 56.2%, which continued its steady upward trend since 2018. The turnover rate of finished products of enterprises above designated size was 15.2 times/year; the total asset turnover rate was 1.2 times/year, and the ratio of three fees was 7%.

Xuzhou Heping Chemical Fiber Co., Ltd., located in Xuzhou Huaihai Economic Development Zone, provides customers with high-quality and high-quality polypropylene high-strength yarns with the production technology, strict quality control system and high-quality after-sales service. The product performance is good and the price is right, and can support the customized sample. The main products of peaceful production are: polypropylene industrial silk, split film industrial yarn, high-strength polypropylene network wire, polypropylene high-strength wire, polypropylene high-strength wire and other polypropylene products.