On October 12th, the Second Expanded Meeting of the Fourth Executive Director of the China Textile Industry Federation was held in Shanghai. Gao Yong, Secretary General of the Party Committee of the China Textile Industry Federation, Sun Ruizhe, Chairman, Xu Kunyuan, former Vice Chairman, Yang Jichao and Xia Lingmin, Vice Chairman, Chen Weikang, Deputy Secretary and Executive Deputy Secretary General of the Party Committee, Wang Jiuxin, Secretary of the Discipline Inspection Commission, Xu Yingxin, Chen Dapeng, Li Lingshen, Duan Xiaoping, Yang Zhaohua, and Sun Huaibin, Vice Chairmen, Leaders such as Chen Shujin, Zhang Yankai, Xu Wenying, and Zhang Li, members of the Expert Advisory Committee, as well as the Executive Director of the Fourth Council, specially invited Vice President, responsible persons of textile associations and industry management offices of relevant provinces, autonomous regions, and municipalities directly under the central government, and members of the leadership team of various departments and member units of the Federation, attended the meeting. Chen Weikang presided over the meeting.
Sun Xiaoyin, Director of the Personnel Department of the China Textile Federation, gave a briefing on the special invitation of the Vice President, Executive Director, and changes in directors of the 4th Council.
Xia Lingmin reported on the economic performance of the textile industry in the first to third quarters of 2017. In the first and third quarters of 2017, the overall operation of China's textile industry was stable and improving, with quality and efficiency leading the way. In recent years, China's textile industry has shown a slowdown in growth due to the comprehensive influence of various factors such as domestic and foreign market demand environment, international industrial layout adjustment, and so on. From January to August 2017, the industrial added value of China's textile industry increased by 5.1%, a decrease of 0.9 percentage points compared to the same period last year. The growth rate of industrial added value in the clothing industry was 6.8%, an increase of 2.3 percentage points compared to the same period last year.
The investment scale of China's textile industry has rebounded since this year's growth rate. From January to August 2017, China's textile industry actually completed an investment of 842.564 billion yuan, a year-on-year increase of 6.95%, a decrease of 2.16 percentage points from January to June. Overall, the national investment growth rate increased by 0.47 percentage points compared to the same period last year (6.48%), reflected in the rebound in investment growth rates in the eastern and central regions, which increased by 3.52 and 0.27 percentage points respectively compared to the previous year. In Xinjiang region, due to factors such as investment policy attraction, investment growth is still relatively rapid, and its proportion has increased significantly.
In terms of domestic sales, from January to August 2017, the retail sales of clothing, shoes, hats, needles, and textile products above designated size reached 931.3 billion yuan, a year-on-year increase of 7.3%. An increase of 0.1 percentage points compared to the same period last year. From January to August 2017, the online retail sales of clothing increased by 19.6%, an increase of 2.7 percentage points compared to the same period last year. From January to August 2017, the retail sales of clothing, shoes, hats, needles, and textile products above the designated size accounted for 9.61% of the total retail sales of consumer goods above the designated size. In terms of domestic sales, from January to August 2017, the retail sales of clothing, shoes, hats, needles, and textile products above designated size reached 931.3 billion yuan, a year-on-year increase of 7.3%. An increase of 0.1 percentage points compared to the same period last year. From January to August 2017, the online retail sales of clothing increased by 19.6%, an increase of 2.7 percentage points compared to the same period last year. From January to August 2017, the retail sales of clothing, shoes, hats, needles, and textile products above the designated size accounted for 9.61% of the total retail sales of consumer goods above the designated size.
In terms of exports, according to data from the Customs Express, from January to August 2017, China's textile and clothing exports reached $175.469 billion, a year-on-year increase of 0.8% and a year-on-year increase of 3.75 percentage points. From January to August, China's textile and clothing export prices decreased by 6.34% year-on-year, and the quantity increased by 6.62% year-on-year. The overall export has improved compared to the same period last year, mainly due to the increase in export quantity. From January to August 2017, China's textile and clothing exports to the Belt and Road related countries and regions reached US $59.931 billion, up 1.20% year on year, accounting for 33.24% of China's textile and clothing exports to the world, an increase over the same period last year.
From January to August 2017, the profit margin of China's textile industry increased by 0.09 percentage points. The profit margin of chemical fiber was 4.90%, an increase of 1.09 percentage points compared to the same period last year; The profit margins of the industrial and home textile industries were 5.47% and 5.41% respectively, a decrease compared to the same period last year.
From January to August 2017, the proportion of three expenses in China's textile industry decreased by 0.08 percentage points. The proportion of three expenses in the cotton textile and chemical fiber industries is not only lower than the industry average, but also significantly decreasing; The proportion of three fees in the printing and dyeing, home textile, and industrial industries is relatively high and growing rapidly.
From January to August 2017, the total asset profit margin of China's textile industry accelerated by 1.49%. The total asset turnover rate of the cotton textile industry is the fastest, at 1.87 times per year, an increase of 2.35% year-on-year; The total asset turnover rate of the clothing and wool textile industry has slowed down compared to the same period last year.
Regarding the outlook for the annual trend, Xia Lingmin said that in 2017, China's macroeconomic situation will continue to improve, with good market expectations, which can provide positive support for the stable growth of domestic demand in the industry. The global economy has accelerated growth, manufacturing has rebounded, market confidence has improved, and economic and trade growth rates have reached a new high in nearly six years. The world economy is experiencing the widest synchronized recovery in a decade. In 2017, the entire industry will continue to maintain a stable development momentum, and key economic indicators such as main business income and profits will continue to maintain stable growth.
Li Lingshen, Yang Zhaohua, and Sun Huaibin respectively explained the revision work in terms of technology, brand, and comprehensive aspects of the "Outline for Building a Strong Textile Country (2011-2020)".
Li Lingshen said that the implementation of the science and technology goals in the "Outline of Strengthening China" basically meets expectations, but some indicators also need to be revised. The next step is to adjust and predict the scientific and technological goals of the outline, sort out innovation priorities, and prepare a roadmap for the development of a strong country.
Yang Zhaohua said that in terms of brand building, the mid-term goals of the "Outline of Building a Strong Country" have been well achieved, and brand building is also facing new situations. The national strategy is protecting brand growth; Consumer upgrading leads to diversified challenges; Channel construction accelerates innovation and transformation. In the future, brand building should rely on the linkage of all parties to optimize the development environment; Enhancing brand value through brand cultivation; Realizing effective supply guided by consumer demand; Building brand potential with talent cultivation as the core; Reshaping consumption links through model innovation; Strengthen brand connotation and enhance fashion discourse power with the support of Chinese culture.
Sun Huaibin said that the reason for the revision of the "Outline of a Strong Country" is because the current environment and situation have changed compared to the time of its release, and the goals and tasks at that time need to be adjusted. The new situation and changes in the domestic and international macro environment are important basis for the revision of the "Outline of Strengthening the Country". At the national strategic level, attention should be paid to the 19th National Congress of the Communist Party of China, the the Belt and Road, Made in China 2025, ecological civilization construction, quality improvement actions, and entrepreneurship. In terms of domestic environment, attention should be paid to the sustained impact of the financial crisis, the re industrialization of developed countries, anti globalization, the recovery and growth of global fiber demand and textile trade, and the expansion of textile production capacity and competitiveness enhancement in developing countries. The indicators of added value, exports, technology investment, brand data, sustainability, and talent in the textile industry need to be adjusted.
Sun Huaibin revealed that the revised report is not a modification of the original "Outline of Strengthening the Country", but rather a new report that is expected to be released around the end of this year.
Sun Ruizhe presented a work report on behalf of China Textile United. He summarized the five major achievements of China's textile industry since the 18th National Congress: stable quality and efficiency of economic operation, stable social and international influence; The industrial structure tends to be reasonable, and the layout of industry productivity continues to be optimized; Technological innovation has undergone rapid leaps and bounds, and the industry's competitive advantage has achieved connotative development; Deepening the value of brand building and substantial establishment of industry discourse power; Sustainable development and responsible competitiveness have become new sources of value for the industry.
Regarding the new positioning of China's textile industry, Sun Ruizhe said that in the future, the development of China's textile industry should form a new industry positioning labeled as "technology, fashion, and green", that is, a technology industry represented by high-quality high-performance fibers, industrial textiles, and high-end intelligent manufacturing, a fashion industry represented by clothing brands and home textile brands, and a green manufacturing industry that runs through the entire industrial chain processing, Ultimately achieving sustainable development of the industry and reshaping its social image.
Sun Ruizhe listed the work carried out by the China Textile Industry Federation: promoting the comprehensive upgrading of China's textile industry productivity system; Promote the industry to make good use of both international and domestic markets and resources; Taking industry responsibility to assist in achieving sustainable development goals.
Regarding the next steps of the China Textile Federation, Sun Ruizhe proposed: based on the overall development situation, to be a "guide" for the construction of a strong textile country; Based on industry reality, be a good spokesperson for China's textile industry; Based on self construction, be a good "contact person" between the government and the market.
(Translated from Textile and Clothing Weekly)
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