Consumption In The Lower Reaches Of China Has Improved Slightly, But It Remains To Be Restored.

In recent years, under the background of global economic recession, the economic growth of China's textile industry has obviously slowed down, and production, exports and investment have slowed down.

At the same time, the unreasonable price of domestic and foreign cotton caused by policy purchasing and storage, and the appreciation of RMB continue to weaken the international competitiveness of Chinese textiles.

The loss of export orders is serious, domestic cotton continues to flow into national stock and spot trade is light, causing the bad development of the cotton industry. The whole industry is in a relatively low state. Although slightly improved this year, the intensity is limited, and the upgrading of upstream raw materials is limited.

According to the data of the National Bureau of statistics, in 2015, the yarn production in China increased by 4.8% in the 11 months and 3 million 780 thousand after the entry of June, and the increase was basically maintained at 4%-6% after June. The increase of 0-2% in the 1 quarter and the 2 quarter was increased. The output of cotton in China was 64.6 billion yuan, up 1.1% over the same period last year, and the same increase in June was maintained at the level of 1.5.

Clothing and clothing exports are still in the doldrums, exports in November amounted to $13 billion 300 million, down 10.1% compared to the same period last year, a 14% decline from last month's year-on-year decline, but 7%-8%'s year-on-year decline has increased compared with the 8 and September, and export demand remains weak.

In 2015, the overall growth of yarn, cotton and cloth output remained low in China, because domestic textile and apparel sales and domestic export performance were both poor, indicating that the downstream demand brake force was insufficient, and it took time for further recovery.

In terms of policy, Xinjiang's opinions on promoting employment in the textile and garment industry in the autonomous region put forward ten preferential policies, such as electricity tariff and tax revenue, which will contribute to the recovery of local industries.

But the state "

"The start of strategy will effectively reduce our country."

The cost and political risk in the layout of the neighboring countries can also tap more trade potential and create favorable environment for the internationalization of enterprises. In the process, the capital shift of China's textile industry may reduce domestic raw material consumption, speed up the structural adjustment and optimization of domestic textile industry, and promote the pace of adjustment of domestic planting structure. Under such a background, the domestic cotton market will not be able to appear in the golden age of 2008-2010.