The economic operation of the filament weaving industry in the first three quarters in 2017

Since 2017， the global economic recovery has increased tendency. The economic growth of main countries and districts has promoted. The Chinese economy welcomes the successful commencement of the 19th National Congress in transforming from high-speed growing economy into high-quality development. With the promotion of new era and new dynamic power， the Chinese economy steps into the new development stage and the textile industry has profound situation of continuous development. From January to September last year， the above-designated textile industry throughout the country realized the year-onyear growth of 10.63% in total profit， with economic operation being maintained in the reasonable segment.

In this big environment， the filament weaving industry has stable manufacturing， growing export， reasonable cost control， industrial structure regulation promoted by green manufacturing as well as increase in both economy and efficiency of the whole industry. It is estimated that the overall filament weaving industry will continue to maintain the sound operation condition in the fourth quarter. The detailed analysis is as follows：

Sound manufacturing and operation

Significantly growing income and profit

In the first three quarters， the filament weaving industry in China had sound overall manufacturing and operation conditions， with various economic indexes maintaining continuous growth. According to the statistics of National Bureau of Statistics， from January to September， the main business income of the designed size chemical fiber weaving and processing industry in China had a year-onyear growth of 9.82%. The growth rate has increased 6.17% compared with that of the same period in the previous year. The total profit had a year-on-year growth of 19.62%. The growth rate has increased 15.1% compared with that of the same period in the previous year. The profit rate of the chemical fiber manufacturing industry was 5.2%， which has increased 0.42% than the same period of the previous year. The profit rate of the industry has small increase.

According to the investigation of the China Filament Weaving Association， 50% filament weaving enterprises had uplifted average sales price of the main products in the third quarter than the second quarter.

Declined cost acceleration and shortened inventory cycle

From January to September， the main business cost of the filament weaving industry had a year-on-year growth of 9.58%； the total three expenses had a year-on-year growth of 6.14%. The growth rate has increased 2.22% compared with the same period of the previous year. Thereinto， the sales cost had a year-on-year growth of 9.4%. The enterprise cost was also controlled within the reasonable scope. In addition， from January to September， the asset-liability ratio of the chemical fiber weaving and processing industry in China was 60.01%， with the growth rate being reduced for 0.55% than the same period of the previous year.endprint