Hebei Textile has stepped into the road of quality and efficiency

In the first quarter of 2011, the Hebei textile industry continued its growth trend since the second half of 2010. At the same time, Hebei textile companies shift their focus from quantity and speed to quality and efficiency. According to statistics, 957 textile enterprises above designated size in Hebei Province achieved main business income of 26.164 billion yuan in the first quarter, an increase of 39.42%; profits of 1.254 billion yuan, an increase of 53.8%; and profits and taxes 1.802 billion yuan, an increase of 43.13%. The actual completion of investment in fixed assets was 4.736 billion yuan, an increase of 58.38% year-on-year; 113 new projects were started, and 70 projects were completed, which was a decrease of 14.39% and 6.67% year-on-year respectively.

Cotton textile, wool textile and clothing industry are the three main industries of Hebei textile. In the first quarter of 2011, a total of 253,300 tons of yarn were produced by enterprises above designated size, an increase of 11.18% year-on-year. The output ranks seventh in the country and accounts for 4.08% of the country's total production. The number of grey fabrics is 1.286 billion meters, an increase of 19.74% year-on-year. This accounted for 9.69% of the country's total production; wool yarn was 18,100 tons, ranking the first in the country, down 16.71% year-on-year.

Since 2011, the costs of raw materials, energy, transportation, and labor have been collectively bullish, and it has been difficult for the price of products to rise in tandem with it. The operating pressure on companies is extremely high. At the same time, recruitment is difficult and personnel mobility is a common problem for companies.

Due to the high cotton price, cotton textile enterprises mainly based on pure cotton products have taken the initiative to accelerate the adjustment of product structure, significantly increased the usage of non-cotton fibers such as polyester and viscose, increased the number of pure cotton yarns, and increased the growth of blended yarns and chemical fiber yarns. It reached 13.46% and 42.8%, which was significantly higher than the 8.75% growth rate of pure cotton yarn. The year-on-year increase of chemical fiber cloth was as high as 88.19%. In the first quarter of 2011, the economic benefits of cotton spinning and wool spinning companies in Hebei Province increased significantly. The profit growth rate reached 55.47%. The average profit margin increased from 4.28% in the same period of 2010 to 4.77%, of which a considerable part was the gains from product structural adjustments.

Hebei's apparel industry is dominated by small and medium-sized enterprises. In the first quarter, due to rising prices of raw materials and shortage of workers, the clothing output of enterprises above designated size was 102 million, a year-on-year decrease of 25.67%. However, the main business income, profits, and profits and taxes still achieved rapid growth, and the increase was It is 35.25%, 23.18% and 25.6%.

The viscose fiber-dominated Hebei chemical fiber industry achieved profitability in 2011. In the first quarter, the output of chemical fiber was 53,700 tons, an increase of 3.09%; the main business income was 1.483 billion yuan, an increase of 51.62%; the profit and tax was 74.43 million yuan, an increase of 206.41%; the profit was 47.53 million yuan; the loss of loss-making enterprises was 86.85% lower than that of 2010 .

In the context of the appreciation of ***, Hebei's textile import growth for the first time was higher than export growth for the first time. The province's textile and apparel exports totaled 956 million U.S. dollars, a year-on-year increase of 19.26%. Among them, textile exports were 359 million U.S. dollars, an increase of 31.75%; apparel exports were 597 million U.S. dollars, an increase of 12.82%. The province's textile and apparel imports totaled 24 million U.S. dollars, an increase of 52.8%. Among them, textiles imported 22 million US dollars, an increase of 48.36%; apparel imports 2 million US dollars, an increase of 115.88%.

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