The Main Business Income Of The Textile Industry Increased By 5.98% In The First Quarter Of 2016.

Due to the weakening of internal and external demand, the growth rate has declined significantly compared with the rapid growth of the previous two digits, but the economic efficiency of the industry has remained stable and improved.

According to the association's survey of member enterprises, the business climate index in the first quarter was 73.6, which has improved compared with the same period last year, indicating that entrepreneurs maintain high confidence in the development of the industry.

According to the National Bureau of statistics, industrial uses in the first quarter of 2016

The main business revenue and profit of the industry were 66 billion 660 million yuan and 3 billion 890 million yuan, respectively, representing an increase of 5.98% and 9.4% compared with the same period last year. Compared with the same period last year, the main business revenue growth was flat, but the total profit growth rate decreased by 4 percentage points.

In the first quarter, the profit margin of the industry was 5.83%, an increase of 0.18 percentage points compared with the same period last year, and the deficit of the deficit companies in the industry dropped by 22%.

The growth rate of total profit in the first quarter was mainly due to the decline.

According to the survey of China Textile Industry Association, the price index of raw materials in the first quarter was 59.6, the first time since the end of 2014, and at the same time, the finished product price index of the industry was 50.5.

The 12 industrial textiles listed companies announced the first quarter report, their main business revenue increased by 12.85%, total profit increased by 8.77%, especially for the three listed companies facing the automobile market, their performance increased rapidly, and their performance was obviously better than those of other enterprises.

According to the National Bureau of statistics, in the first quarter, the gross revenue and profit of China's above scale nonwoven enterprises increased by 8.2% and 4.9% respectively, and the value of export delivery increased by 9.58%, and the output increased by 7%.

The main business revenue of ropes has increased by 13.47%, which is the fastest growing area in the industry. Although the main business income of textile belts and cord fabrics and canvas is not growing fast, the total profit has increased by 19.3% and 16.8% respectively, and the profit margins have increased by 1 and 0.56 percentage points respectively.

In the first quarter, the output of cord fabric has been reduced continuously for nearly a year, achieving a 8.08% increase.

According to customs data, in the first quarter of 2016, the total export volume of China's industrial textiles industry totaled 5 billion 920 million US dollars, which was 3.2% lower than the same period last year. The decline in export prices is a major factor in the decline in export volume.

The export volume of nonwovens, packaging textiles and airbags increased by 6.8%, 12.7% and 22.6% respectively, but the prices of these three products also dropped to varying degrees.

The export volume of medical and sanitary textiles decreased by 10.3%, especially that of gauze, bandage and so on. The decline was 15.8%.

The export volume of the new safety protection textiles imported into the statistical range was 364 million US dollars, down 2.4% from the same period last year, but its price has increased by 1.38%.

From the main export market of industrial textiles in China, the United States was the largest and exports fell 0.42% in the first quarter, the first decline in several years, resulting in the decline of export industry.

China's exports of industrial textiles to the EU continued to decline, down 4.19% compared to the same period last year.

But exports to Japan reversed a downward trend, an increase of 0.95%; exports to Vietnam and South Korea increased by 4.63% and 4.80% respectively, and exports to Philippines increased by 17.54%.

Base cloth and coated fabrics are the largest commodities exported to Vietnam, accounting for 42% of the total export volume. The export volume of nonwoven fabrics, fishing nets and ropes and cables is relatively large. It shows that although China's clothing bags and other industries are gradually being pferred to Vietnam, due to the imperfect matching of the Vietnamese industrial chain, it is necessary to import large quantities of raw materials from China.

In the first quarter of 2016, China's imports of industrial textiles amounted to US $1 billion 557 million, which was basically the same as that of the same period last year.

Overall, in the first quarter of 2016, China's industrial textiles industry was running smoothly, and some fields have been out of the downlink for many years, but new challenges have also emerged.

With the implementation and promotion of various national economic reform measures, it is expected that the industry will continue to develop steadily throughout the year, and the quality of operation will be improved over the first quarter.