It Is Estimated That The Main Business Income Of The Textile Industry Will Exceed 10 Trillion In 2015.

Recently, China

Gao Yong, vice president of the Federation of industry, said that the value added of textile industry in China increased by 6.7% over the same period of 1-8. It is estimated that in 2015, the main business income of textile enterprises above the national scale is expected to exceed 7 trillion yuan, and the main business income of the whole industry is expected to exceed 10 trillion yuan.

Gao Yong believes that the current growth rate of the textile industry is relatively normal, which is in line with the current domestic economic operation and the pformation of industrial structure.

Judging from categorical data,

Exports have declined by 6.34% in the past 8 months, and textile exports have been negative for three consecutive months. This is also the textile industry in China since 2009.

For the first time, continuous negative growth occurred.

Gao Yong pointed out that clothing exports mainly suffered negative growth in exports to the European Union, Japan and other countries, not only because of the slow recovery of these regional economies, but also the depreciation of the euro, yen and other currencies against the US dollar and the RMB, which significantly affected the export business of China's textile industry.

It is noteworthy that it has benefited from a sharp fall in international commodity prices, especially international crude oil prices.

The cost decline is greater than the decline in the prices of chemical fiber products. In the past 8 months, the output of chemical fiber increased by 10.24% over the same period last year, and its output value increased by 11.4% over the same period last year.

"In the 1-8 months of this year, the fixed asset investment in the whole industry increased by 15.7% over the same period last year, although it is a low point in recent years, it reflects a rational growth in investment in the industry."

Gao Yong believes that if the industry investment in 13th Five-Year can continue such growth rate, the whole industry is expected to continue to maintain steady development.