Spin-off rate of textile production slowed slightly from January to September

According to the data from the National Bureau of Statistics, from January to September this year, the total output value of 37,000 textile enterprises above designated size in the country totaled 416 billion yuan, up 10.9% year-on-year, and the growth rate was down 18.1 percentage points from the same period of last year, respectively. The second quarter fell 3.8 and 0.3 percentage points. The industrial added value increased by 12.5% ​​year-on-year, an increase of 5 percentage points over the same period of last year, and fell 2.6 and 0.5 percentage points respectively from the first two quarters of this year.

The increase in output of the major textile products showed declines in various degrees. From January to September, the output of chemical fiber enterprises above designated size increased by 11.9%, a decrease of 4.1 percentage points over the same period of last year; yarn production increased by 12.9%, an increase of 1.6 percentage points over the same period of last year. Cloth production increased by 10.5%, and the growth rate decreased by 3%. Printing and dyeing cloth production increased by 0.5%, and the growth rate dropped by 10%. Garment output increased by 6.6%, and the growth rate dropped by 3% year-on-year. The growth rate of chemical fiber fell by 1.5 percentage points compared with the first quarter of this year, a decrease of 2.6 percentage points from the second quarter of this year; yarn growth fell by 0.2 percentage points from the first quarter of this year, a decrease of 0.3 percentage points from the second quarter of this year; the increase was lower than the first quarter of this year. It dropped 5.8 percentage points, 1.3 percentage points lower than the second quarter of this year; the increase in printing and dyeing cloth fell 9.3 percentage points from the first quarter of this year, which was a decrease of 4.2 percentage points from the second quarter of this year; and the clothing increase rate decreased by 1.4 percentage points from the first quarter of this year. Compared with the second quarter of this year, it dropped by 1.2%. The decline in the production of cloth and after-products has slowed down, and the decline in chemical fiber and yarn production is still expanding.

The growth rate of domestic sales declined, and the increase rate stabilized. From January to September, the retail sales of clothing, shoes, hats and needles above designated size nationwide increased by 17.8% year-on-year, 3.2 and 0.9 percentage points higher than the first and second quarters of this year, respectively, but the growth rate was still lower than 7 percentage points in the same period of last year, after deducting price factors, The actual growth rate of retail sales was 13.9%, which was lower than the 8.9 percentage points in the same period of last year. From January to September, the domestic output value of textile enterprises above designated size was 350.72 billion yuan, a year-on-year increase of 13% and a decrease of 18.7 percentage points from the same period of last year, which was 3.3 and 0.3 percentage points lower than the first and second quarter of this year.

The export rebounded slightly and the downward trend was suppressed. According to the Customs Express data, from January to September, China exported a total of 192.69 billion yuan of textiles and clothing, which was a year-on-year increase of 1.04%, which was a decrease of 2.37 and 1.17 percentage points from the first and second quarters of this year. In September, it exported 25.86 billion yuan, an increase of 9.7% year-on-year. In general, the downward trend in exports has been curbed. From January to September, the export prices of textiles and clothing in China increased by 0.7% year-on-year, and the number of exports increased by 0.3% year-on-year, which was 2.1 and 1.8 percentage points lower than the first quarter and second quarter of this year.

The growth rate of investment slowed down, slightly improving compared to the second quarter. From January to September 2012, the total fixed asset investment of the textile industry totaled 50.1 million yuan, a growth of 15.3% year-on-year, a 20.0 percentage point year-on-year decrease, which was 1.7 percentage points lower than the first quarter of the year. Compared with the second quarter, it increased by 0.2 percentage points; the number of new projects started was 10,287, a year-on-year decrease of 6.3%, and the growth rate was 6.3 percentage points lower than the same period of last year, which was 0.3 and 3.8 percentage points higher than the first quarter and second quarter of this year.

Profits stabilized and stability stabilized, and the efficiency slowed down. From January to September, the total profit of textile enterprises above designated size was 181.22 billion yuan, a slight increase of 0.4% year-on-year, which was a slowdown of 32.1 percentage points from the same period of last year and a 2.5 and 2.4 percentage point increase over the first two quarters of this year; Revenue reached 405.51 billion yuan, an increase of 9.3% over the same period of last year. The growth rate was 20.1 percentage points lower than the same period of last year, and it was 3.2 and 0.4 percentage points lower than the 1st and 2nd quarter of this year. The sales margin was 4.5%, which was 0.5% lower than the same period in 2011. Percentage points fell 0.04 percentage points from the first quarter of this year, a slight increase of 0.01 percentage point from the second quarter of this year. The company’s loss was 16.4%, which was 3.2 and 2.0 percentage points smaller than that of the first and second quarters respectively. The loss of loss-making enterprises increased by 81.3% year-on-year, and the growth rate narrowed by 38.7 and 42.8 percentage points respectively in the first and second quarters.