The outbreak of the new crown pneumonia epidemic in 2020 industrial textile profits will increase significantly

Industrial textiles are an important part of the new material industry. They are not only widely used in civilian production, but also play an important role in national strategic security. They have become medical and health, safety protection, environmental protection, infrastructure construction, new energy, aviation Strategic supporting force in aerospace, national defense and military industries. Its scientific and technological innovation is active, and its products have high added value. It has always been a key industry supported and encouraged by the state. The proportion of my country's total industrial textile fiber processing in the textile industry has increased from 20% in 2010 to about 30% in 2019, ranking second in the three major terminal applications (clothing, industrial, household) in the textile industry; The industry`s main business income, profits, and industrial added value growth rate have always been at the leading level in the textile industry. The industrial textile industry has become one of the most dynamic fields in my country's industrial system, and there is still huge room for future development.

The outbreak of the new crown pneumonia epidemic has once again demonstrated the importance and indispensability of the industrial textile industry. The China Industrial Textile Industry Association and enterprises in the industry put the interests of the country and the people as the most important, and they actively participated in the battle against the new crown virus at the beginning of the outbreak, overcoming many difficulties, and organizing the production of medical protective materials such as masks and medical protective clothing , And strive to ensure the normal supply of raw materials. At the same time, the China Industry Association has actively carried out investigations and studies, in-depth study and judgment of the impact of the epidemic on the development of industry enterprises, promoted the resumption of work and production, made policy recommendations, and made important contributions to public opinion and guidance. Deep recognition and strong praise from leaders of relevant ministries and commissions.

In recent years, my country`s industrial textile industry has continued to focus on technological innovation and structural upgrading, and has continuously increased product development and innovation in technological processes and equipment. The development speed and product quality of the industrial textile industry have achieved significant results. The continuous improvement of global competitiveness has become an important part of building a strong textile technology country.

In 2020, in the face of the sudden new crown pneumonia epidemic, my country's industrial textile companies are fully committed to the production of anti-epidemic materials such as masks, protective clothing, and disinfection wipes, which will drive the entire industry's production, sales, exports and profits to increase significantly.
In 2020, the industrial added value of my country's regulated industrial textile enterprises increased by 54.1% year-on-year; the regulated enterprises achieved operating income of 319.84 billion yuan, an increase of 32.6% year-on-year; realized total profits of 36.53 billion yuan, an increase of 203.2% year-on-year; profit margin was 11.4%, This was an increase of 6.4 percentage points from the previous year. Among them, the operating income of regulated nonwovens enterprises was 175.28 billion yuan, a year-on-year increase of 54%; the total profit realized was 24.52 billion yuan, a year-on-year increase of 328.1%.

In 2020, my country's non-woven fabric export volume was 1.289 million tons, a year-on-year increase of 32.2%; the export value was US$5.05 billion, a year-on-year increase of 62.5%. The export of disposable sanitary products such as diapers and sanitary napkins was US$2.27 billion, a year-on-year increase of 8.6%. From March to December 2020, my country has exported 224.2 billion masks, including 65 billion medical masks, and exported 2.31 billion protective clothing, including 773 million medical protective clothing.

At present, my country's industrial textile industry has entered a period of high-quality development. The needs of developed countries and regions such as the United States, Europe, and Japan in the fields of high-end industrial textiles such as medical and health, structural enhancement, and safety protection, as well as the development of the Chinese market itself, will provide broad development space for Chinese industrial textile enterprises.