According to the data of the prospective database, the business income of China's textile owner-occupiers accumulated 581.54 billion yuan in January-February 2017, a year-on-year growth rate of 6.26%, and the growth rate was 4.53 percentage points higher than that of 2016. The total profit was 27.6 billion yuan, a cumulative increase of only 1.99% year-on-year. Although the growth rate was slightly higher than the previous quarter, it was down 4.7 percentage points year-on-year.
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The following is the cumulative profit and growth rate of the textile industry since 2016:
Total profit of textile industry
time
Accumulated value (100 million yuan)
Accumulated year-on-year (%)
February 2017
276.10
1.99
December 2016
2,194.10
1.23
November 2016
1,904.80
2.28
October 2016
1,667.10
2.12
September 2016
1,459.90
2.06
August 2016
1,283.20
3.44
July 2016
1,110.50
3.89
June 2016
943.90
5.03
May 2016
748.60
4.62
April 2016
582.70
5.55
March 2016
425.60
6.82
February 2016
270.70
6.69
Although corporate profits rose slightly, the overall development of textile companies is still severe. Most companies are still in a state of loss. With the improvement of the macroeconomic environment in 2017, textile companies must actively grasp the trend of demand growth and consumption upgrading, and take advantage of a new round of strategic opportunities in science and technology and industrial change to accelerate progress toward the mid-to-high end.
In the long term, during the “13th Five-Year Plan†period, with the advancement of “Made in China 2025†and “Internet Plusâ€, information technology will be applied in the design, production, marketing, and logistics of the textile industry. This will promote the production model of the textile industry. The transformation of flexibility, intelligence, and refinement has changed from traditional manufacturing to service-oriented manufacturing. Big data, cloud platform, cloud manufacturing, e-commerce and cross-border e-commerce development will generate new business models and new models. The deep integration of the textile industry with information technology and the Internet has provided a broad space for innovation and development and will promote sound development of the industry.
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