In the first half of 2020, facing the severe test brought by the COVID-19 epidemic and the complex and changing domestic and international environment, my country’s economy first declined and then rose. In the second quarter, economic growth turned from negative to positive, and the economic operation showed a steady recovery trend. In the face of the epidemic, my country’s industrial textiles industry has made every effort to ensure the production of masks, medical protective clothing, disinfectant wipes and related raw and auxiliary materials. It has made important contributions to achieving a staged victory in the fight against the new coronavirus epidemic and driven the overall industry The operation is positive and good. According to data from the National Bureau of Statistics, the industrial added value of the industrial textiles industry increased by 50.7% from January to May 2020. According to the association’s survey of 224 member companies, the industry’s prosperity index in the first half of the year was 73.0, which is in a relatively high prosperity range.
1. Production and investment continue to grow
According to the association’s research, the domestic market demand index of the industry in the first half of the year was 63.5, and the overseas market demand index was 43.8. The epidemic has a greater impact on overseas market demand. Among the companies surveyed, 59.4% of the companies said that domestic market demand has increased, 15.2% of companies said that it has remained stable, and 35.1% of companies believe that there has been a decline to varying degrees; as for overseas market demand, 30.2% of companies said that it has increased. , 19.0% of the companies said that the change was not obvious, and more than half of the companies believed that there were varying degrees of shrinkage.
In the first half of the year, anti-epidemic supplies and related raw and auxiliary materials became the main growth point of industry market demand. The association’s survey showed that the industry’s production index in the first half of the year was 62.7, which was at a relatively high level. According to data from the National Bureau of Statistics, the output of nonwovens by enterprises above designated size from January to May was 2.029 million tons, a year-on-year increase of 2.46%. While the domestic epidemic situation stabilized, the output of nonwovens also gradually returned to natural growth; 1~ In May, my country exported 412,000 tons of nonwoven fabrics, a year-on-year increase of 0.78%, and imported 66,000 tons of non-woven fabrics, a year-on-year increase of 30.38%.
In terms of fixed asset investment, according to the association’s survey, 66.52% of the surveyed companies stated that they have new project investment plans in 2020. Affected by the epidemic, 42.95% of companies with investment plans have implemented investment projects in the first half of the year, 28.86% of companies will implement investment projects as planned in the second half of the year, and 25.5% of companies said that the project will be postponed depending on the situation of the epidemic. Before making a decision, only one company said it had canceled its investment plan.
2. The epidemic has driven the industry’s economic benefits to become more differentiated
According to data from the National Bureau of Statistics, the operating income and total profit of enterprises above designated size in the industrial textile industry from January to May 2020 were 103.92 billion yuan and 12.69 billion yuan respectively, a year-on-year increase of 13.25% and 189.08% respectively. The industry’s profit margin was 12.21%, a year-on-year increase of 7.43 percentage points, and the industry’s gross profit margin was 21.47%, an increase of 7.64 percentage points over the same period last year.
However, it should be noted that the industry’s loss in the first half of the year was 18.06%, and the loss of loss-making enterprises increased by 7.31% compared with the same period last year. Although the production of anti-epidemic materials has driven This has improved the overall efficiency of the industry, but companies outside the anti-epidemic materials industry chain are still greatly affected in their operations. The association’s survey results also confirmed relevant data. In the first half of the year, the industry’s revenue index was 65.6 and the profit index was 61.2. Among them, the revenue index and profit index of enterprises in medical and sanitary textiles and nonwoven fabrics are 72.0 and 69.5 respectively, while the income index and profit index of enterprises in other fields are only 51.2 and 51.7. Judging from the prosperity of various fields of the industry, the prosperity of the medical and health, safety protection, filtration and separation, non-woven fabrics, equipment and accessories fields is relatively high. Among them, the prosperity index of the medical and health field engaged in the production of anti-epidemic materials reaches 85.9; while the prosperity index of rope nets, cord belts, interlinings and other fields is relatively low, among which the prosperity index of interlinings is below the prosperity and decline value (50).
Figure 2020 sample business climate index in the first half of 2020 (fields with a sample number less than 10 are not shown)
Datasource:ChinaIndustrialTextilesIndustryAssociation
Lookingatdifferentfields,theimportanceofnonwovensasanti-epidemicmaterialsRawmaterials,industrialenterprisesactivelyresumedworkandproductionaftertheepidemic.FromJanuarytoMay,nonwovensenterprisesabovedesignatedsizeachievedoperatingincomeof56.25billionyuan,totalprofitsreached9.39billionyuan,andtheprofitratewas12.21%,anincreaseof7.43percentagepointsyear-on-year;MedicalandHealthTheoperatingincomeandtotalprofitofotherindustrialtextilesincludingsafetyprotectionandfiltrationtextilesincreasedby11.72%and93.13%year-on-yearrespectively,withaprofitmarginof10.76%,ayear-on-yearincreaseof4.54percentagepoints.However,productionandoperationsinareasthatarenotcloselyrelatedtotheproductionofanti-epidemicmaterialshavedeclinedtovaryingdegrees.Theoperatingincomeofropesandcablesdecreasedby1.41%year-on-year,andthetotalprofitincreasedby2.67%year-on-year;theoperatingincomeoftextilebelts,cordfabrics,andsailswererespectivelyYear-on-yeardecreasesof20.45%and13.69%,andtotalprofitsdecreasedby47.47%and13.86%respectively.
3.Anti-epidemicmaterialshavedrivenasignificantincreaseinexportscale
AccordingtoChinaCustomsdata,fromJanuarytoMay2020,mycountry’sindustrialtextileindustryexportedatotalofUS$34.29billioninvariouscommodities,ayear-on-yearincreaseof202.62%.Amongthemainexportproducts,theexportvalueofmasksreached22.56billionUSdollars,andtheexportvalueofnon-wovenprotectiveclothingwas2.06billionUSdollars,accountingfor65.78%and6%ofthetotalexportvalueoftheindustryrespectively.Theexportvalueoffabricsandindustrialfiberglassproductsincreasedby7.19%and0.60%year-on-yearrespectively;whiletheexportvalueofindustrialcoatedfabrics,sails,diapersandsanitarynapkins,andcords(cables)droppedby18.67%respectively.%,18.62%,5.11%,3.05%.Intermsofimports,theimportvalueofmasksandnon-wovenprotectiveclothingwasUS$840millionandUS$330millionrespectively,andtheimportvalueofnon-wovenfabricswasUS$470million,ayear-on-yearincreaseof37.07%.
Intermsofmajorexportmarkets,duetotheepidemicraginginmanyEuropeancountries,mycountry’sexportstotheEUreachedUS$10.45billionfromJanuarytoMay,becomingmycountry’slargestexportmarketinvariouscategories.Amongexportedproducts,masksandmedicalprotectiveclothingaccountedfor87.32%.mycountry’sexportstotheUnitedStatesreached6.83billionUSdollars,ofwhichmasksandmedicalprotectiveclothingaccountedfor80.74%.ExportstoGermanygrewrapidly,mainlyduetoGermany’sstrongepidemicpreventionandcontrol,withexportstoitreaching31.3billion,withmasksandmedicalprotectiveclothingaccountingformorethan90%.mycountry’sexportstocountriesalongthe“BeltandRoad”reachedUS$8.65billion,ayear-on-yearincreaseof100.56%.
IV.Summaryandfull-yearoutlook
Inthefirsthalfof2020,theproduction,sales,investment,importandexportofmycountry’sindustrialtextileshavemaintainedahighgrowthrate,reflectingtheindustry’sstrongresilience,responsibilityandabilitytoservevarioussectorsofthenationaleconomy.Weneedtoobjectivelyviewtherapidgrowthoftheindustrialtextilesindustryinthefirsthalfoftheyear,closelytracktheimpactofthedevelopmentoftheepidemicontheindustry,investrationally,andbepreparedfortheindustrytoresumenormaldevelopmentaftertheepidemicisover.
Atpresent,mycountry’sepidemicsituationhasfundamentallyimproved,economicandsocialoperationshavegraduallyreturnedtonormal,andmacropolicyeffectshavefurtheremerged.Inthesecondhalfoftheyear,thedomesticmarketdemandfornon-anti-epidemicmaterialsindustrialtextileswillRecovery;theglobalepidemicpreventionandcontrolsituationremainssevere,andoverseasmarketdemandfornon-epidemicpreventionmaterialswillcontinuetodecline,butthedeclinewillslowdown.Accordingtotheassociation’s research, the industry’s domestic market demand index in the second half of the year was 62.8, and the overseas market demand index was 48.9. It is expected that the main economic indicators of my country’s industrial textiles industry will continue to maintain a high growth rate in the second half of the year. The production, sales and exports of the industry will tend to be balanced in the adjustment. The economic benefits of anti-epidemic materials and non-anti-epidemic materials will be different. With the differentiation narrowing, the industry as a whole will be in a relatively stable state of development. </p
