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Hunan textile & fashion industry enjoys prosperous producing and distribution

Hunan textile & fashion industry enjoys prosperous producing and distribution

Write: Yara [2011-05-20]
The information from Hunan province Textile Industry Management Office show that in this half year, Hunan textile & fashion industry enjoy good start--prosperous producing and distribution. The industry kept a stable increasing impetus. 396 textile& fashion enterprises with big scale generated production value 10.45billion, increased by 33.6% compared with the same period of last year, its speed higher 10.2% than national average one.
In first half year, the distribution of Hunan province textile industry reached 10.37billion Yuan, increased by 32.6% than the same period of last year, 9.3% higher than national average increasing range. The sale of six categories of products was also higher than last year--mucilage glue fiber was increased by 4.2%, yarn 29.5%, cloth 26.7%, dyeing cloth 11.73%, fashion 10%; the distribution rate reach 99.3%, increased by 13% than the same period of last year, 2.1% higher than average .The general profit level have risen, the rate of it reached 1.17%, increased by 0.7% of last year, but the profit range narrowed. Besides, the capital contribution rate also increased, especially the one of fashion reached 13.5%, 7.2% higher than average level.
In first half year, Hunan textile & fashion export reached 0.76billion Yuan, increased by 30%. Except the export to Occident with trade friction influence, the textile exported to other market increased greatly, the export to South-Korea is increased by 74%, the one to Turkey 97%, the one to Mexico 40%, the one to Macao 67%.
The reasons for the speedy development of Hunan textile & fashion industry are as follows: first, the accelerated reform of state-owned enterprises. A group of private enterprise emerges instead of state-owned ones. Second, the accelerated technique development, textile company adopted updated textile equipment to increase quality and level; Third, the accelerated structure adjustment; Forth, industry collection accelerated developing.