Benefiting from the accelerated pace of enterprise transformation, the proportion of high-yarn yarns increased, the production and sales of high value-added fabrics were better, and the benefits of Hubei textile industry achieved steady growth. On February 1st, it was learned from the Provincial Department of Economics and Information that in 2018 Hubei textile and garment industry showed an “acceleration” development trend. The main income for the year was 326.407 billion yuan, an increase of 10.6%, 2.4 percentage points higher than the provincial average; 14.45 billion yuan, an increase of 29.4%, an increase of 26.1 percentage points year on year. Among them, the textile industry realized a profit of 9.275 billion yuan, an increase of 29.5%, and the clothing industry realized a profit of 4.101 billion yuan, an increase of 24.7%, respectively, higher than the provincial average of 10.1 and 5.7 percentage points.
Where does the increase come from? Huang Minhong, director of the Textile Department of the Provincial Department of Economics and Letters, believes that the Nietzic, which has undergone the conversion of old and new kinetic energy, has begun to show the effects of technological transformation in the textile industry, together with the strict ecological protection and consumption upgrades, the “leftover is king” and other factors The transformation and development of the textile industry has opened up the situation.
Affected by many factors, since 2011, the garment and home textile industry has entered the stage of inventory adjustment. In the past, problems such as extensive expansion and high industry inventory have been highlighted. Benefiting from the economic development income increase, consumption upgrades, etc., the industry's mid-to-high-end consumer market took the lead in the fourth quarter of 2016 to show signs of recovery.
The traditional textile industry has taken on a new look, and the role of technological innovation, product innovation, and management innovation to drive the transformation of the industry has become more apparent. In 2017, it was called the textile industry science and technology innovation year. The key new technologies of the province have made breakthroughs and promotion, and digital and network technologies have been widely applied. The textile investment projects with a total investment of more than 5 million yuan have completed 89.73 billion yuan in fixed assets investment. The growth rate was 20.7%, which was higher than the national 14.8 percentage points.
According to industry statistics, the current digitalization rate of production equipment in the whole industry is close to 40%. The water demand per 100 meters of printing and dyeing cloth has dropped from 2.5 tons to less than 1.8 tons, and the water reuse rate has increased from 15% to over 30%. The annual output has reached 6 million tons, and the proportion of total fiber processing has increased from 9.6% in 2010 to over 12%.
In 2018, with the implementation of the reserve cotton rotation system, the cotton price increase is expected to increase. At the same time, the environmental protection is becoming stricter, a large amount of production capacity is transferred to overseas and Xinjiang, and the textile enterprises that are sticking to the “remaining are kings” have a number of characteristics. The industrial cluster has become a demonstration base and an important carrier for the development of the industry. The business performance of the garment and home textile enterprises has continued to improve, with women, home textiles, leisure and children's wear and cosmetics among the top performers.