New Crown Pneumonia Outbreak: Profits Of Industrial Textiles Increase Sharply In 2020

Industrial textiles are an important part of the new material industry. They are not only widely used in people's livelihood industry, but also play an important role in national strategic security. They have become the strategic support force of medical and health, safety protection, environmental protection, infrastructure construction, new energy, aviation and aerospace, National defense and military industry and other industries. With active scientific and technological innovation and high added value of products, it has been a key industry supported and encouraged by the state. The proportion of China's total industrial textile fiber processing in the textile industry has increased from 20% in 2010 to about 30% in 2019, ranking the second among the three terminal applications (clothing, industrial use and household use) in the textile industry; the indicators of the industry's main business income, profit, and industrial added value growth rate have been at the leading level in the textile industry. Industrial textiles industry has become one of the most dynamic fields in China's industrial system, and the future development space is still huge.

The outbreak of new crown pneumonia makes the industrial textiles industry show its importance and indispensable again. China Industrial Textiles Industry Association and enterprises in the industry, taking the interests of the country and the people as the priority, actively engaged in the campaign of prevention and control of new coronavirus at the beginning of the outbreak, overcame many difficulties, organized the production of medical protective materials such as masks and medical protective clothing, and tried to ensure the normal supply of raw and auxiliary materials. At the same time, the association has made important contributions in actively carrying out investigation and research, in-depth studying and judging the impact of the epidemic on the development of industrial enterprises, promoting the resumption of work and production, putting forward policy suggestions and public opinion propaganda and guidance. Its work in fighting the epidemic situation has been deeply recognized and highly praised by the leaders of the State Council and relevant national ministries and commissions.

In recent years, China's industrial textiles industry has continued to focus on technological innovation and structural upgrading, and constantly increase the innovation of product development and technical process equipment. The development speed and product quality of industrial textiles industry have achieved remarkable results, and the global competitiveness of related products has been continuously improved, which has become an important part of building a powerful textile science and technology country.

In 2020, in the face of the sudden outbreak of new crown pneumonia, China's industrial textile enterprises are fully engaged in the production and guarantee of anti epidemic materials such as masks, protective clothing, disinfection wipes, etc., driving the production, sales, export and profits of the whole industry to a large extent.

In 2020, the industrial added value of China's industrial textile enterprises above Designated Size will increase by 54.1% year-on-year; the operating income of Enterprises above Designated Size will reach 319.84 billion yuan, with a year-on-year increase of 32.6%; the total profit will be 36.53 billion yuan, with a year-on-year increase of 203.2%; the profit margin will be 11.4%, 6.4% higher than that of the previous year. Among them, the operating revenue of non-woven Enterprises above designated size was 175.28 billion yuan, with a year-on-year increase of 54%; the total profit was 24.52 billion yuan, with a year-on-year increase of 328.1%.

In 2020, China's nonwovens export volume is 1.289 million tons, with a year-on-year increase of 32.2%; the export amount is 5.05 billion US dollars, with a year-on-year increase of 62.5%. The export of disposable sanitary products such as diapers and sanitary napkins reached US $2.27 billion, up 8.6% year on year. From March to December 2020, China has exported 224.2 billion masks, including 65 billion medical masks, and 2.31 billion protective clothing, including 773 million medical protective clothing.

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