Gao Yong: The Basic Situation Of The Textile Industry Is Going Well.

The link between the textile industry and the terminal market is basically smooth. The home textile, clothing and industrial sectors are running well, and the profit growth rate and sales profit margin are higher than the whole industry level.

Gao Yong, vice president and Secretary General of China Textile Industry Federation, was in China recently.

On the two session of the five Council, I shared with the participants the basic situation of China's textile industry since the beginning of this year.

President Gao talked about the current macroeconomic situation in China. He said that in the three quarter, China's GDP grew by 6.7%. This is not easy. First of all, the central authorities put forward the supply side structure.

Some progress has been made.

And there is a certain growth in innovation from all walks of life.

More should be government led investment to promote the stable development of our economy.

When it comes to the current situation of China's textile industry, he pointed out that

The investment in fixed assets slowed down and stabilized. In the first 9 months, the industrial added value of the textile industry increased by 5.6% over the same period last year, down 1 percentage points from the same period last year, and lower than the growth of China's macro GDP in the same period. In the first half of September this year, China's textile and garment exports decreased by 5.9%, and the growth of scale efficiency slowed down.

Cotton textile enterprises should take a correct and objective view of the current macro situation. Although commodity prices have picked up, it does not mean that industry has begun to pick up, nor can it show that the economy has bottomed out. Of course, demand has indeed rebounded, so commodities in the future can still be stable and upward.

Industrial textile behavior is still a bright spot, and continues to play a new growth point of the industrial chain.

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As of October 31st, there were 802 cotton processing enterprises in the whole year of 2016 cotton processing cotton according to the requirements of the cotton quality inspection system reform plan, and the notarization test was carried out. The inspection volume reached 1 million 210 thousand tons. Among them, 722 cotton processing enterprises in Xinjiang, the notarization test volume amounted to 1 million 191 thousand tons; 80 processing enterprises in the mainland, the notarization test volume was only 19 thousand and 500 tons.

As of October 31st, the weight of the notarized inspection was divided into provinces. As of October 31st, the number of notarized inspection enterprises was classified according to the national notarization test progress. As of October 31st, the number of notarial inspection packages decreased by 6.83% in the 2016 year, down 7.33% in September and 6.80% in October.

In the 9-10 months of 2016, the number of public inspection packages and year-on-year cases showed that the number of notarized inspection packages in Xinjiang increased by 1.83% over the same period last year.

Xinjiang Corps decreased by 13.97% compared with the same period last year. The number of notarized inspection packages of Xinjiang Corps in September dropped by 41.38% compared to the same period in October and 13.34% in the same period last year, which is the main reason for the slow progress of notarization inspection in the current year.

The number of local public inspection packages and the year-on-year situation in Xinjiang in 2016 9-10 months, 2016, 9-10 months, the number of public inspection packages and the year-on-year situation of Xinjiang regiment, as a whole, appeared to be slow in September.

Analysis of specific indicators of cotton notarization test in 2016/2017, please pay attention to follow-up reports of China cotton net.