Investment confidence in the textile industry is returning

According to the monthly report of the National Bureau of Statistics, from January to June this year, China's fixed assets investment in the textile industry (excluding rural households, investment in fixed assets projects with a total planned investment of over 5 million yuan) was 454.48 billion yuan, a year-on-year increase of 16.1%, and the growth rate was 1 ~1.5% increase in May. The number of new projects started was 7,285, a year-on-year increase of 0.08%. The first month of this year saw a positive growth. The growth in investment in the textile industry and the gradual restoration of investment confidence have become apparent.

The growth rate of investment in China has slowed down, and investment in the textile industry has kept growing. From January to June, the total investment in fixed assets (excluding rural households) increased by 17.3% year-on-year, representing an increase of 0.3% from the first quarter and a decrease of 2.8 percentage points from the same period of last year. From a national point of view, the deceleration in real estate investment and the sluggish investment in some overcapacity industries are the main factors for investment deceleration. With the continuous advancement of structural adjustment and industrial upgrading, investment in the textile industry maintained a steady increase. From January to June, the growth rate was 1.1 percentage points higher than the same period of last year, and the investment growth rate of the entire manufacturing industry was 2.3 percentage points lower than last year. The investment in the textile industry is obviously better than that of the entire manufacturing industry.

New projects started to achieve positive growth, and textile industry confidence resumed. Since the beginning of this year, the number of newly started projects in the textile industry has been negative year-on-year growth, reaching a minimum of -8.3% from January to April. By June of this year, the entire industry has achieved positive turnover for the first time. From the perspective of the industry, the number of newly started projects in the textile industry, clothing and apparel industry, chemical fiber manufacturing industry and textile special equipment manufacturing industry increased by -3.5%, 5.37%, 1.4% and -1.0% respectively, indicating that the apparel and apparel industry The new investment project of the chemical fiber manufacturing industry first achieved positive growth, reflecting that the company's investment confidence is increasing, laying the foundation for the next stage of investment growth.

The investment in key sub-sectors is active and the pace of industrial restructuring has been accelerated. From the perspective of investment in various sub-sectors, the rapid increase in the amount of investment and the number of newly started projects are areas where the pace of industrial restructuring has been rapid. With the continuous improvement of energy-saving and emission-reduction requirements, the investment in the printing and dyeing industry has accelerated. From January to June, the cotton printing and dyeing processing industry completed an investment of 14.14 billion yuan, an increase of 41.6% year-on-year, and 231 new projects, an increase of 37.5% year-on-year. Non-woven industry With the rapid growth of the demand for industrial textiles, investment has also continued to increase, from January to June completed investment 10.99 billion yuan, an increase of 54.6%, 179 new projects, an increase of 59.8%. Home textile bedding manufacturing industry also invested actively. It completed 13.09 billion yuan from January to June, an increase of 32.6% year-on-year. The number of new projects started was 237, an increase of 7.7% year-on-year.

Investment in the eastern and western regions has accelerated, and investment growth in the central region has slowed. From January to June, the eastern region completed an investment of 270.61 billion yuan, an increase of 17.2% year-on-year; accounting for 59.5% of the investment, an increase of 0.6 percentage points over the same period of last year; the number of new projects started was 5098, accounting for 70% of the total number of new projects started. , an increase of 3.8% year-on-year. In the eastern provinces where the leading enterprises are concentrated, the demand for investment that focuses on industrial upgrading continues to increase under the conditions of increasing overall costs, increasing environmental pressures, and increasing demand for machine substitution. In the coming period, it will continue to lead the textile industry. The key area of ​​investment direction. From January to June, the investment in the western region was 43.44 billion yuan, the fastest year-on-year growth rate, reaching 26.3%, an increase of 10.3 percentage points over the same period of last year; and accounting for 9.6% of the investment, up 0.8 percentage points over the same period of last year. The hot spot of investment in the western region is Xinjiang. From January to June, the number of new construction projects in Xinjiang increased by 51.7% year-on-year. After the second central working conference on Xinjiang was held, various policies and measures to promote employment in the textile and clothing industry have been actively promoted. It will drive the rapid growth of Xinjiang textile and apparel investment. Industrial transfer has brought rapid growth to investment in the central region. However, investment growth in the central region has slowed down significantly this year. Investment from January to June reached 140.44 billion yuan, a year-on-year growth rate of 11.2%, which is 4.9 percentage points lower than the average growth rate of the industry. The proportion of the total investment amount was 30.9%, which was 1.4% lower than the same period of last year; 1564 new projects were started, down 9.7% year-on-year.