2015 Textile Industry Operation

I. Production continues to grow

According to data from the National Bureau of Statistics, from January to December, the industrial added value of textile enterprises above designated size increased by 6.3% year-on-year, 0.7% lower than the same period of last year. Among them, the added value of the textile industry, apparel and apparel industry and chemical fiber industry increased by 7.0%, 4.4% and 11.2% respectively year-on-year.

Second, stable operating quality

According to data from the National Bureau of Statistics, from January to December, the enterprises above designated size in the textile industry realized a total of 7071.3 billion yuan in main business income, an increase of 5.0% year-on-year; total profits totaled 386 billion yuan, an increase of 5.4% year-on-year; and 11.4% of enterprises suffered from a loss. The year-on-year was 0.1 percentage point lower, and the total losses of loss-making enterprises decreased by 4.6% year-on-year.

Third, the total export decline

According to the national customs data, from January to December, China exported 291.1 billion U.S. dollars of textiles and clothing, a year-on-year decrease of 4.8%. China's textile exports reached US$115.3 billion, a year-on-year decrease of 2.3%, and apparel exports reached US$175.9 billion, a year-on-year decrease of 6.4%. Among them, exports to the United States increased by 6.7% year-on-year, exports to the EU fell by 9.3% year-on-year, exports to Japan fell by 11.6% year-on-year, and exports to ASEAN fell by 0.8% year-on-year.

Fourth, the domestic market is relatively stable

According to data from the National Bureau of Statistics, from January to December, the retail sales of clothing, shoes, caps, pins, and textiles above designated size in China were 1,348.4 billion yuan, a year-on-year increase of 9.8%. From online sales, retail sales of wearing goods increased by 21.4% year-on-year. According to the statistics from the China Business Federation, from January to December, the retail sales volume of 100 major retailers nationwide increased by 6.4% year-on-year.

V. Continued growth in investment

According to the National Bureau of Statistics, from January to December, China's textile industry had a fixed asset investment of 1191.3 billion yuan over 5 million yuan, a year-on-year increase of 15.0%. The amount of completed fixed asset investment in the eastern region increased by 15.3% year-on-year, that of fixed assets in the central region increased by 13.1% year-on-year, and that of the western region increased by 19.2% year-on-year. The number of newly-started projects in the industry showed a momentum of growth. There were 16,149 newly-started projects, a year-on-year increase of 18.3%.