Local Associations: Economic Operation Of Shanghai Textile Industry In The First Half Of The Year

In the first half of 2021, in the face of complex domestic and international development environment, the domestic economy recovered tired, the global epidemic situation repeated repeatedly, and the market environment became unprecedentedly complex. China's textile industry fully implemented the decision-making and deployment of the Party Central Committee and the State Council, continued to consolidate and expand the epidemic prevention and control achievements and stable production and operation situation, and steadily improved enterprise benefits, The main operating indicators have recovered steadily, and the overall economic situation has been stabilized. In particular, the textile industry in Shanghai was greatly affected by the epidemic, but it also showed strong resilience.

Therefore, the editor collects the relevant textile and clothing data from Shanghai Statistics Bureau and Shanghai Customs, sorts out and analyzes them, so as to better understand the economic development trend of Shanghai textile industry in the first half of the year.

Output value and economic benefits

In the first half of 2021 (from January to June), the textile industry in Shanghai is generally stable. The total industrial output value of textile industry above designated size was 9.341 billion yuan, up 0.8% year-on-year. The total output value of clothing industry was 9.145 billion yuan, a year-on-year decrease of 6.4%. The total output value of chemical fiber manufacturing industry was 1.028 billion yuan, with a year-on-year increase of 21.9%. According to the data of Shanghai Municipal Bureau of statistics, from January to June 2021, the total output value of the textile industry above designated size is basically stable. In June, there is a slight downward trend; in June, the clothing industry is stable and upward; in June, the output value of chemical fiber manufacturing industry is basically stable at the same level.

In terms of output, from January to June 2021, Shanghai's clothing output totaled 119.74 million pieces, a year-on-year decrease of 6.2%, and the chemical fiber output totaled 170000 tons, a year-on-year decrease of 1.6%. From the point of view of months, the clothing output grew fastest in February, fell year-on-year in June, and remained stable from March to June 2021. The output of chemical fiber was basically stable, with a significant year-on-year growth in February.

From the perspective of economic benefits, from January to June 2021, enterprises above Designated Size in Shanghai's textile industry achieved good economic benefits, with a total operating income of 10.86 billion yuan, a year-on-year increase of 0.2%, clothing industry of 12.523 billion yuan, a year-on-year growth of 7.3%, and chemical fiber of 1.106 billion yuan, a year-on-year increase of 21.4%; In terms of profit, the textile industry was 610 million yuan, down 59.2% year-on-year, and chemical fiber was 22 million yuan, a year-on-year decrease of 24.6%. This shows that the textile industry's revenue was stable in the same period, the profit fell by more than half, the clothing industry showed an obvious growth trend, and the chemical fiber revenue increased significantly, but the profit decreased in the same proportion.

From a monthly point of view, except for a slight decrease in January to June 2021, the business income of Shanghai textile, clothing and chemical fiber enterprises above designated size is basically stable with little fluctuation. In terms of total profit, the textile industry decreased slightly in January and may, while the clothing industry declined sharply in January, April and June, and chemical fiber was basically stable. It can be seen that the total profit of textile and chemical fiber industry tends to be stable when the operating income is stable, while the total profit of clothing industry drops sharply in some months, which may be due to cost impact or other factors.

Import and export trade

From January to June 2021, the total import volume of textile and clothing in Shanghai textile industry is 34.248 billion yuan, including 241.3 of clothing and clothing accessories, accounting for about 70.5%. Among the textile imports, the import of textile raw materials was 1.885 billion yuan, accounting for about 5.5%. It can be seen that the export proportion of clothing products in Shanghai is huge. In terms of export, the total export volume of textiles and clothing was 55.534 billion yuan, of which 27.133 billion yuan was for clothing and accessories, accounting for 48.9 percent of the total, and 50.4 percent of textile yarn, fabric and its products, nearly half of which were textile raw materials. It can be seen that the export proportion of Shanghai's textile products and clothing products is on average, accounting for half.

From a monthly point of view, Shanghai's textile and clothing imports are relatively stable from January to June 2021, especially textiles. However, there is a downward trend in May and June. In contrast, the clothing category fluctuates slightly, which is reflected in February, April and may. In terms of export, the export volume of textiles increased significantly compared with the import value, and the trend was relatively stable. There was no significant difference between the export volume and the import value of clothing. From January to June, the development trend showed a smile curve.

Summary

On the whole, in the first half of 2021, the economic operation of Shanghai's textile industry is relatively stable, and the output value, revenue and profit of textile, clothing and chemical fiber are relatively stable, with small fluctuations in some months; In terms of import and export, the export volume of textile products is greater than that of imports. In contrast, the export proportion of clothing products is weakened, which is equal to that of textiles. It may be affected by repeated global epidemics, which adds uncertainty to the market, and the domestic economic recovery is not stable. Therefore, the development of textile industry is facing market instability. In this case, we should continue to develop the "double cycle" new pattern, seize the opportunity of international market recovery, increase product innovation and cultivate new consumption patterns under the advanced manufacturing industry system.

Looking forward to the whole year of 2021, the economic operation of Shanghai textile industry is expected to continue to be stable and stable, to open up new development space in promoting high-quality development, and to make positive contributions to the steady and healthy development of China's national economy in the first year of the 14th five year plan.