2017 textile industry market analysis

In recent years, the textile industry has maintained a steady growth. Although the speed has slowed since 2011, by 2015, the textile industry's revenue reached 4.02 trillion yuan, a year-on-year increase of 5.5%. The number of business units in the industry plummeted by 32.3% in 2011 to 22,500, and remained at around 20,000 until 2015. The decrease in the number of companies indicates an increase in industry concentration. The current economic situation is not very prosperous, the internal demand is insufficient, the prosperity is in the development range and fluctuates greatly, the export scale is declining, small enterprises are merged or closed down due to high costs and difficult to maintain, and large enterprises are undergoing structural adjustments or seeking transformation Upgrade or extend the industrial chain, further reduce costs, improve operational efficiency, and strengthen the control of the supply chain. In 2015, my country’s textile industry completed investment in fixed assets of more than 5 million yuan, an increase of 15.0%, and the growth rate was 1.6 percentage points higher than that of the previous year. There were 16,149 new investment projects in the industry, an increase of 18.3% year-on-year, indicating that Industry investment confidence is good.