China'S Textile Industry Will Continue To Advance Steadily This Year.

Despite the 2011 China

Reporters learned from the China Textile Industry Federation today that before 2011, the total industrial output value of 36 thousand Textile Enterprises above Designated Size reached 28% over the same period last year, and the same period, textile industry increased by 28% over the same period.

Wang Tiankai, President of the National Federation of textile industry, said that the current operation of China's textile industry is facing several major problems: first,

Second, production costs continue to increase.

With the continuous development of China's economy, domestic labor, fuel and other factors of production prices continue to rise, and effectively resolving the increasing production costs has become a long-term task of China's textile industry pformation and upgrading.

Third, the textile industry is dominated by small and medium-sized enterprises, and the problem of corporate financing is long-standing.

This year, prudent monetary policy does not exclude the possibility of loose adjustment in implementation. However, the characteristics of small scale and limited profitability of textile small and medium enterprises are difficult to fundamentally change. A series of services for SMEs financing system will be a long-term process. It is difficult to fundamentally solve the problem of textile enterprises' financing difficulties.

Finally, the international market competition is more intense.

Affected by the slow global economic recovery and the European debt crisis, demand for textile and apparel market was low last year.

The weak market makes competition more intense. India, Pakistan, Vietnam, Bangladesh and other developing countries, with lower raw materials, labor costs and so on, export competitiveness has increased rapidly, to a certain extent, caused the loss of orders in China's export processing small and medium-sized enterprises.

At present, about 15% of the small processing enterprises in the eastern part of China are in a state of shutdown and semi shutdown.

Wang Tiankai stressed that textile industry should strengthen self-discipline and standardize market order and trade behavior this year. In addition, we should speed up structural adjustment, reduce production costs, and strive to develop new products, new channels and new markets.

Sun Huaibin, director of the Ministry of industry of the China Federation of textile industry, believes that this year's China textile industry will carry out the general keynote of steady progress.

The whole textile industry must grasp the domestic and international situation, do well in its internal structural adjustment, seek stability and seek development, and enhance competitiveness is the key to achieving steady progress.