China'S Textile Industry Is Actively Facing &Nbsp Financing Difficulties And High Cost.

Wang Tiankai, President of China Textile Industry Federation, at the seventh annual meeting of China spinning round table.

2011 is the year of the opening of 12th Five-Year. On the whole, the structural adjustment and industrial upgrading of the textile industry continue to advance, and the quality of operation has steadily improved. The growth of all indicators is basically normal throughout the year, and the running situation is generally stable.

However, all kinds of risks faced by the operation of the industry increased significantly over the previous year, the price of raw materials fluctuate greatly, the financing environment was tightened, the various factors and labor costs increased, and the external demand growth was low. A series of factors increased the operating pressure. The industry's production, marketing, investment and efficiency growth slowed down one quarter by month, and the profit growth rate dropped particularly.

Wang Tiankai believes that as the main body of the international market, the developed countries such as the United States, Europe and other developed countries are weak in economic recovery and the unemployment rate remains high. It is expected that the growth of demand in the international market will remain weak, and the shortage of demand, competition pressure and trade frictions faced by export enterprises will become more prominent.

Nevertheless, textile

Wang Tiankai said, at the same time, we should also see that although the international market competition is more intense, China's textile industry has an integrated competitive advantage formed by a mature and complete industrial system, and there are still obvious international competitive advantages in terms of varieties, quality and market share.

At the same time, the market forced mechanism formed by the tight external environment will bring a new round of industry reshuffle and accelerate the adjustment and upgrading of enterprises.

Therefore, it is expected that the production and marketing efficiency of China's textile industry will continue to grow in 2012. The main operating indicators of Enterprises above designated size are expected to maintain a two digit growth rate, but the growth rate will slow down compared with the previous year. Because the terminal market has less bearing on the increase of consumer goods under the downward economic conditions, the growth rate of export and profit growth is expected to be more obvious, and the difficulties faced by small and medium-sized processing enterprises below the scale will be more prominent.

When it comes to the measures taken by the textile industry to cope with difficulties in 2012, Wang Tiankai stressed that the Central Committee should "speed up the pace of the Central Committee".