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Enhance Competitiveness Of Cotton Textile &Nbsp; Promote Healthy Development Of Cotton Industry

2011/9/21 16:55:00 26

Enhancing Competitiveness Of Cotton Textile And Promoting Healthy Development Of Cotton Industry

China in September 15th

cotton

At the national cotton situation analysis conference of the association, Wang Zhaoting, Minister of material supply department of Wei Qiao textile Limited by Share Ltd, introduced how Wei Qiao textile industry can enhance the competitiveness of the cotton textile industry in the current situation and promote the healthy development of cotton industry.


Wang Zhaoting first analyzed the impact of cotton prices on the industrial chain in the previous year.

He thought cotton prices in the previous year.

Skyrocketing

It has caused a serious blow to the whole cotton industry chain.

First, the cotton farmers were hit and the cotton farmers experienced the process of happiness and sadness.

Some cotton growers are still selling cotton and selling it at current prices because they are reluctant to sell.

Lose money

The cost of cotton planting is rising. If the purchase price of the new cotton is lower than the storage price, it will blow up the enthusiasm for cotton planting next year; the two is a great difficulty for the production and operation of the cotton textile enterprises, and the operation risk is aggravated.

Wei bridge continued to maintain a healthy balance of development through internal management and external market expansion. Sales revenue in the first half of this year was 8 billion yuan, down 3.3% from the same period last year, and realized a profit of 1 billion yuan, down 2.2% from the same period last year.


In order to maintain the healthy development of cotton industry, the key is to see the market situation of cotton spinning and weaving industry and the strength of international competitiveness.

Cotton textile is closely related to cotton industry.

In recent years, such factors as high cost of raw materials, appreciation of the renminbi and rising financial costs have seriously weakened the competitiveness of domestic textile enterprises and exacerbated the loss of downstream orders.

In the future, the global economic growth will slow down, the purchasing power of textiles will decline, and the resistance of China's textile and clothing exports will increase, which will affect the consumption of cotton, and the upward trend of cotton prices will face greater pressure.


To enhance the competitiveness of the cotton textile industry requires more arduous efforts and a good policy support.

Wei Qiao textile will focus on three aspects: first, continuously optimize the industrial structure and speed up the pformation of growth mode; two, strengthen independent innovation and promote product upgrading; three, constantly strengthen basic management, and strive to reduce production costs.


Wei Qiao textile made three policy recommendations: first, to strengthen the supervision of the cotton market; two, to increase the quota of cotton imports; three, to improve the tax policy and lighten the burden on the enterprises.


 


 

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