In 2010 China cotton textile industry benefit good, and the 2011 data showed that, the industry's main business income is 1.5468 trillion yuan RMB, a 29.5% growth year, a drop of 4.34% growth in the first half; Total profit of 85.9 billion yuan, up 30%, a drop of 19.4% growth in the first half, obviously not the staying power.

Since 2012, industry whole atmosphere is still not fundamental change, the main demand at home and abroad and the downturn. The debt crisis continues, Europe, America and Japan, the economy of the country is different degree of recession cause of demand. Many enterprise reflects, and at present very few receives big order, all is the medium and small orders.

MianJia hangs upside down at home and abroad to become the most outstanding problem, India, Vietnam and other countries with dramatic price lower than our country cotton yarn, preempted the many market share.

Cotton prices at home and abroad is 3000-4000 yuan/ton. Since this year, domestic and foreign synchronous cotton prices dropped, but a collection market's domestic support, fall is far less than the cotton.

Cotton textile industry is also facing labor, electricity, capital cost and other production cost increases continuously, and at the same time, the environment protection pressure will also is more and more big.

Cotton leading weiqiao textile profits 84.9% back last year, enough to prove MianFangYe management face a lot of problems.

To transform traditional industries is the textile industry is inevitably development direction, expand the internal and external market, at the same time, create more additional products, etc.

Source "the Chinese textile nets"

Edit: Emma