In the first half of this year, China's macro-economy as a whole showed a positive trend of slowing down and stabilizing, but the downward pressure is still great. Thanks to the expansion of domestic demand caused by urbanization and a series of "micro-stimulus" policies, as well as the economic recovery of the world's major economies, my country's industrial textile industry maintained a good development trend in the first half of the year, and production maintained a certain level of growth. High enthusiasm, steady growth in exports, good economic benefits, showing strong vitality and strong development momentum.

First half of the year

According to the statistics of the National Bureau of Statistics on enterprises above designated size, the output of my country's nonwovens in the first half of the year was 1.71 million tons, a year-on-year increase of 8.23 percent, and the growth rate increased by 3.5 percentage points from the first quarter.

In the first half of the year, the industrial textile industry completed fixed asset investment of 24.62 billion billion yuan, a year-on-year increase of 28.27 percent, an increase of nearly 4 percentage points over the first quarter, and an increase of nearly 7 percentage points over the same period last year. The investment growth rate has accelerated significantly, reflecting the industry's high expectations for the future market. In the first half of the year, the number of projects under construction and the number of new projects in the industry were 617 and 198, respectively, up 28.27 per cent and 20.27 per cent, respectively.

The main business income and profits of enterprises above designated size were 129.93 billion yuan and 7.04 billion yuan respectively, an increase of 14.05 and 19.88 respectively. Although the growth rate was lower than that of the same period last year, it increased by 2 percentage points compared with the first quarter of this year. Maintain a leading position in the industry. The profit margin of the industry was 5.42 per cent, up 0.3 percentage points year-on-year.

In the first half of the year, my country's industrial textile exports were 10.1 billion billion U.S. dollars, an increase of 6.56 percent year-on-year. The growth rate was the same as the first quarter, but an increase of 2 percentage points over the same period last year. Industrial plastic coated fabrics, medical and health textiles, canopy products, non-woven fabrics and packaging bags are the main export products, and the export value of five types of products accounts for 72.93 per cent of the total. From the perspective of export regions, Asia is the largest export market for my country's industrial textiles, but the export growth rate has dropped significantly. The export growth rate to ASEAN is 7.51, and the export to other Asian countries only increased by 5.4. Exports in developed regions such as the European Union and North America rebounded significantly, becoming the main driving force for the growth of my country's industrial textile exports. The export growth rates in the first half of the year were 13.06 and 9.15 respectively.

Full Year Forecast

The domestic market is the biggest driving force for the development of the industrial textile industry. With the gradual implementation of the specific reform measures of the Third Plenary Session of the 18th CPC Central Committee, the state's investment in infrastructure construction, environmental governance, health care, security protection, military and national defense will continue to increase, which will release a larger domestic demand market and provide broad space for the rapid development of industrial textile industry and the growth of backbone enterprises.

Industrial textiles are an important direction of the structural adjustment of the textile industry and a new growth point for the textile industry. In the process of high-structure adjustment characterized by technology, talent, brand and sustainable development, the industry will greatly enhance its competitiveness in domestic and foreign markets.

The international market maintained steady growth. The International Monetary Fund (IMF), the World Bank and other major organizations are optimistic about the world economy in 2014. The economic recovery of the United States and the European Union in the first half of the year is obvious, which has a strong positive significance for the export of China's industrial textiles..

To sum up, in 2014, the domestic demand market of the industrial textile industry will grow rapidly, the external demand market will recover somewhat, the progress of science and technology will obviously promote the development of the industry, and the industry is still in a stable and rapid development stage with steady progress. speed up the pace of industrial structure adjustment. The total industrial output value, sales revenue, total profit and output of major products of the industry will maintain a growth rate of more than 10% throughout the year, with good economic benefits.