From January to December 2019, under the complex background of rising risks at home and abroad, China's textile machinery industry is under pressure and the main economic indicators of the industry are showing a downward trend. However, China's textile machinery exports have continued to increase slightly, while imports have seen two Number of drops.

Run quality

1 From January to December 2019, the operating income of 675 textile machinery enterprises above designated size reached 81.952 billion yuan, a decrease of 7.00% compared with the same period last year, and an increase of 15.82 percentage points compared with the same period last year. Total assets were 107.229 billion yuan, an increase of 4.94% compared with the same period last year. The industry's profit pressure was slightly less than in the third quarter. From January to December 2019, the total profit realized by textile machinery enterprises above designated size was 5.867 billion yuan, a decrease of 3.60% compared with the same period last year, and an operating profit margin of 7.12%, which was 0.38 percentage points lower than the same period last year. The loss of loss-making enterprises was 375 million yuan, a decrease of 8.32% compared with the same period last year; the loss surface was 14.96%, an increase of 1.59 percentage points compared with the same period last year.

1 From January to December 2019, the total cost of textile machinery enterprises above designated size was 75.239 billion yuan, a decrease of 7.35% compared with the same period last year, and the growth rate decreased by 16.00 percentage points compared with the same period last year.

運行 Operation of key enterprises

1 From January to December 2019, the revenue from the main businesses tracked by the Textile Machinery Association completed 28.455 billion yuan, a decrease of 10.39% compared with the same period last year; the total realized profit was 3.969 billion yuan, a decrease of 24.17% compared with the same period last year. The loss of loss-making enterprises was 141 million yuan, an increase of 23.69% compared with the same period last year; the loss was 17.11%. The total period expenses of key enterprises were 7.215 billion yuan, a decrease of 5.73% compared with the same period last year; of which, operating expenses were 1.370 billion yuan, a decrease of 12.70% year-on-year, accounting for 18.98% of the total period expenses, and management costs were 5.121 billion yuan, a 4.03% decrease. It accounted for 70.96% of the total expenses during the period; financial expenses were 725 million yuan. A year-on-year decrease of 3.19%, accounting for 10.04% of the total expenses during the period.

進出口 Textile machinery industry import and export situation

海關 According to customs statistics, from January to December 2019, China's textile machinery import and export totaled US $ 7.116 billion, a decrease of 3.81% compared with the same period last year. Of which: textile machinery imports were US $ 3.333 billion, a decrease of 10.49% compared with the same period last year; exports were US $ 3.783 billion, an increase of 2.96% compared with the same period last year. The growth rate of exports is significantly greater than the growth rate of imports, and the trade surplus has been maintained since this year.

情況 Import of textile machinery products

1 From January to December 2019, a total of 70 countries and regions imported textile machinery, with a total import of US $ 3.333 billion, a year-on-year decrease of 10.49%. The main countries and regions for textile machinery imports are Japan, Germany, Italy, Taiwan, and Belgium. The top five imports of trade amounted to US $ 2.777 billion, a decrease of 8.65% compared to the same period last year and accounting for 83.31% of the total imports. Since March of this year, the import trade volume from Japan has maintained the top position and maintained a positive growth trend.

From the perspective of imported product categories, chemical fiber machinery imports ranked first, with total imports of USD 913 million, an increase of 20.44% compared to the same period last year, and accounting for 27.39% of total imports; except for chemical fiber machinery, all seven categories were relatively large Decreased. Driven by downstream demand, chemical fiber machinery continued to maintain a growth trend in imports.

情況 Export of textile machinery products

1 From January to December 2019, a total of 3.783 billion US dollars of textile machinery was exported to 192 countries and regions, an increase of 2.96% compared with the same period last year. The total value of exports to India, Vietnam, Bangladesh, Turkey and Indonesia accounted for 53.19% of the total export value. It is the main country and region for China's textile machinery exports. Exports to Vietnam have maintained a relatively rapid growth rate, but the growth rate has dropped somewhat from the third quarter.

According to customs statistics, from January to December 2019, the export of textile machinery is divided into categories: the export value of knitting machinery is 1.012 billion US dollars, an increase of 5.87% compared to last year, accounting for 26.76%, ranking first, followed by printing and dyeing. Finishing machinery, auxiliary equipment and spare parts, spinning machinery, weaving machinery, chemical fiber machinery and non-woven fabric machinery. Chemical fiber machinery exports increased significantly year-on-year.

展望 Industry situation outlook

In 2019, the global economic growth has slowed down, there are many uncertainties in external instability, domestic cyclical problems and structural contradictions are superimposed, and China's macroeconomic downward pressure continues to increase. The textile industry's export market has undergone adjustments, and the potential of the domestic demand market has yet to be tapped. Enterprises are still cautious in investing. Affected by this, the overall operation of China's textile machinery industry has shown an adjustment trend, and the performance of the export market is better than the domestic market.

2020 is the year when a well-off society will be fully established and the 13th Five-Year Plan ends. From the perspective of the global economy, there are no signs of a certain improvement in the factors restricting economic growth, and the momentum of endogenous growth has weakened. The global epidemic of new coronavirus has had a certain impact on China's economic development. Demand and production have slowed down, consumption has been sluggish, investment has been sluggish, and the industry is facing huge challenges. It will take some time for the economy to recover from full operation to a normal state of operation. The industry has recently been gradually recovering, but at the same time, in order to alleviate the difficulties caused by the epidemic, the state and local authorities have issued a number of support policies to help boost the market. confidence. In the long run, the fundamentals of China's economy are still stable, and the development of the industry is still resilient. The industry needs to work harder to improve internal quality, improve product quality and development capabilities, strengthen international competitiveness, and ensure that the industry moves forward steadily.