The Development Of China'S Textile Industry Will Go Through Five Stages.

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< p > we think that the technology upgrading of the middle and high end production capacity and the pfer of low end capacity to Southeast Asian countries are the specific paths for upgrading the industry; the integration of the industrial chain is mainly manifested by the low level manufacturing and manufacturing links shifting outwards, and the resources will be pferred to the enterprises that manufacture high value-added products. After repeated rounds of elimination, the enterprises in the industry will be under great pressure to survive.

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< p > domestic a href= "http://sjfzxm.com/news/index_c.asp" > manufacturing industry labor cost < /a > sharp rise in 2009 began to highlight, around 2011 leading enterprises labor costs rose more than 15%, coupled with the constant labor law, labor costs rising naturally, hidden costs such as five risks one gold, the operating costs of staff community facilities (canteens, health rooms, dormitories, cinemas, kindergartens, etc.) exacerbated the labor costs of enterprises, since 2013, the industry generally judged that the average annual increase in labor costs in the future is still around 10%.

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< p > the rise of labor cost is closely related to the population structure, and is also related to the lifestyle of the new generation of labor force.

In the short term, enterprises can only improve their manual efficiency through technological pformation. In the long run, leading enterprises will inevitably shift part of the cost pressure through continuous upgrading of products, while vulnerable enterprises are facing increasingly severe pressure of survival.

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< p > at present, China's a href= "http://sjfzxm.com/news/index_c.asp" > textile > /a > industry is accelerating upgrading. At the same time, the middle and low end production capacity is accelerating to Southeast Asian countries. At the same time, resources are gradually gathering to leading enterprises, and textile enterprises are accelerating pformation and entering the stage of diversified development.

Some leading enterprises strengthened their competitive advantages, and embedded resources and capabilities into the whole process of textile production, including downstream spinning, weaving, dyeing and garment manufacturing. Some other leading enterprises shifted from market to non-woven industries, and entered new fields such as photovoltaic, lithium batteries, medical devices and so on.

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< p > in the medium and long term, we are concerned about the two categories: a href= "http://sjfzxm.com/news/index_c.asp" > textile leading enterprises < /a > Enterprises: one is brand name popularity worldwide, which will continue to consolidate its competitive advantages in the future, such as Lu Tai A, Bailong Oriental, Huafu color spinning, etc., and the other is regional textile leading enterprises with the potential of diversified development. In the short term, overseas demand has been recovering continuously since 2014, and the market share of indirect leading enterprises in the industry integration, and the difference between domestic and foreign cotton prices tends to be reasonable, and the appreciation period of RMB has ended. The performance of leading enterprises in 2015 will be better.

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< p > the business risk of the disadvantaged enterprises is increasing continuously. Besides the cost rising and directly engulfing profits, the increase of operational risk will lead to a gradual decline in the competitiveness of enterprises' orders. Customers are more inclined to concentrate their orders on large enterprises, resources will gradually be concentrated on leading enterprises, weak enterprises will be more difficult, or fail, or switch to new industries or reorganization, and pformation will become inevitable.

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< p > at the industrial level, disadvantaged enterprises try to make up for the losses caused by backward technology in the market competition through the diversified operation, and will accelerate the entry into the industry which is profitable or in a period of rapid development.

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< p > at the asset market level, with the help of the platform resources of the capital market, the value of shell resources of the disadvantaged enterprises is becoming more and more prominent. Since the second half of 2013, reorganization events have emerged one after another. We predict that in the coming year, restructuring is still the mainstream capital operation mode of the disadvantaged enterprises.

Pay attention to the theme investment opportunities brought by the pformation power of the weak textile enterprises.

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