According to the National Bureau of Statistics data, the textile industry above designated size industrial added value in May this year, an increase of 5.1%, lower than the same period last year growth rate of 1.6 percentage points. Textile industry growth rate of various types of growth have emerged in varying degrees of downward trend, the market boom, textile products increased inventories.

Labor, raw materials and environmental costs continue to rise

Reporters observed that in recent years, China's labor, raw materials and energy environmental costs continue to rise, making the price advantage of China's textile is no longer obvious, more and more international buyers gradually turned to European suppliers. Data show that China's salary compound annual growth rate of 12%, higher than the economic growth, no longer have the price advantage.

In addition, China's textile industry is facing cotton, wool and other raw material prices. Cotton in July to the latest sales price, for example, Xinjiang Aksu and other places double 28,29 price maintained at 15800-16100 yuan / ton, Shandong and other places 3128/29 grade Xinjiang cotton offer 15800-16300 yuan / ton. As a result of some time part of the cotton-producing areas generally high temperature and rain, drought appears, cotton prices will continue to rise, the market as a whole into anxious state.

Basic production equipment, high import tax, costly environmental protection and other cost issues are increasingly significant. Some business executives reflect the increase in costs, policies continue to overweight, industry profits have been very low, and then go on are doing "loss trading." It can be seen that the difficult situation of textile enterprises is very prominent.

Urgent to transform their own "smart textile" is worth learning from

With the domestic textile cost prices and the impact of foreign advantages, China's textile exports and domestic attraction decline year by year. Textile production, but homogeneity, brand aging and lack of innovation is a lot of textile enterprises closed the fuse. Want to change the decline, the enterprise itself in the future need to control costs and industry innovation and work hard.

2017 is China's textile industry transformation and upgrading of the year, "wisdom of the textile," the concept of a stand out worthy of business reference. It is reported that the first national smart textile base this year settled in Yinchuan Binhe New Area, making the textile varieties, brands to diversify, high-level industrial chain development, and promote the transformation and upgrading of the textile industry.

The textile industry should be fully integrated with the Internet, large data, cloud computing, Internet of things and so on, "wisdom textile" for the traditional textile enterprises to provide a model of innovation and transformation.