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The total output value of the textile industry at the end of the 12th Five-Year Plan will exceed 6 trillion

Date: March 19, 2016 at 11:58

The total output value of the textile industry at the end of the 12th Five-Year Plan will exceed 6 trillion

China Securities Journal reporter learned from the China Textile Industry Association that the "Twelfth Five-Year Plan" of the textile industry has been issued by the Ministry of Industry and Information Technology, and the plan will be announced to the public. According to the planning blueprint obtained by the reporter of China Securities Journal, at the end of the "Twelfth Five-Year Plan" period, the total output value of the textile industry will reach more than 6 trillion yuan, with an average annual growth rate of 5% -8%. "Twelfth Five-Year Plan" period, textile exports will exceed 300 billion US dollars, an average annual growth of 8% -10%. Independent brand products account for 28% -32% in the international market.

Textile industry experts pointed out that during the "Twelfth Five-Year Plan" period, the overall layout of the textile industry will continue to go west, and the industrial development in the eastern region will change from a large quantity to a high quality, and will still be the leading textile export region and the main textile export base of China.

Proportion of Midwest output value increased by 10%

In addition to the forecast value of the industry development during the "Twelfth Five-Year Plan" period, the planning blueprint also puts forward requirements for the layout goals of the textile industry. During the "Twelfth Five-Year Plan" period, the goal of the textile industry layout is to take into account domestic and foreign markets, promote the transformation and upgrading of eastern production areas, accelerate the industrial transfer to the central and western regions, and establish an industrial structure with complementary advantages in the eastern and central and western production areas. The regional development of the textile industry is more coordinated, and the industrial chain is more complete. There will also be a number of major national textile industrial bases in areas with conditions.

It is estimated that during the "Twelfth Five-Year Plan" period, the textile industry will basically form an industrial layout system that takes advantage of various regions in the east, central and western regions. The textile economy in this pattern will significantly improve its distribution in the eastern, central and western regions. By 2015, the total industrial output value of enterprises above designated size in the central and western regions will increase from 17% in 2010 to 28%.

According to data, during the "Eleventh Five-Year Plan" period, the average annual growth rate of fixed asset investment in textile enterprises in central and western regions reached 41% and 27.5%, which was significantly higher than the 10.3% growth rate in eastern regions. The average annual growth rate of total output value reached 27.8% and 25.9%, which is higher than the 16.6% growth rate in the east. (China Securities Journal)

Category: Industry News

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