The first quarter of 2010, the economic operation of China's Hemp Industry




Author: Joe Smith  /  Category: Uncategorized

Quarter of this year, Zai world economy gradually recovering, the Chinese economy rebounding in the Lianghaotaishi Xia, Wo Guo linen Xingye to good economic run Zongti, 1 ~ February achieve pair of growth not only Jin Chukou trade, industry, economic operation quality and efficiency Ye are Mingxiantisheng .

First, the basic situation of the industry to run

(1) production growth rate picked up the basic balance of sales to production

According to the National Bureau of Statistics, 1 February 2010, China’s textile and hemp products, hemp manufacturers total industrial output value 4.774 billion yuan, up 29.55%, of which 3.937 billion yuan hemp textiles, up 29.34 percent, hemp products manufacturing 8.37 billion yuan, up 30.51 percent. 1 to 2 months, sales volume is RMB 4.637 billion yuan, up 29.42 percent, which rose 30.17% hemp textiles, hemp products manufacturer rose 25.74 percent. Industry-wide sales was 97.13%, the basic balance between production and marketing of convergence.

Main hemp products output growth rebound. 1 February has produced 43.4 million meters of linen, an increase of 69.6%; ramie fabrics 29,665,000 meters, an increase of 13.7%. Jiangsu, Zhejiang and Heilongjiang Province is the production of linen in the first three provinces, three provinces accounts for linen production accounted for 78.10%; ramie cloth only Jiangxi and Hunan provinces yield on the account for 81% of national output.

(B) significantly improve the quality and cost-effective

1 February 2010, scale hemp products, hemp textiles and manufacturing to achieve a total profit of 179 million yuan, up 51.18%, of which hemp textiles total 132 million yuan in profits, up 90.19 percent, hemp products manufacturing (excluding clothing ) realized a total profit of 047 million yuan, an increase of 2.16%. Margin 4.01%, higher than the 0.39 percentage points over the same period last year, of which hemp textile margin of 3.54%, an increase of 0.97 percentage points, hemp products manufacturing (excluding clothing) margin 6.38%, down 2.15 percentage points. Export delivery value of 382 million yuan, up 25.98%

1 February 2010, hemp textile enterprises above designated size cost margin was 3.77%, 1.10 percentage points higher than the same period last year; hemp products manufacturer was 6.94%, higher than 4.45% of the textile industry. Mobile asset turnover 2.21 times hemp textile industry, an increase of 0.52 times; hemp products manufacturer 1.95 times and 0.41 times year on year reduction. Total assets contribution rate of 8.40% hemp textile enterprises, up 2.35 percentage point increase; hemp products manufacturing enterprises 12.91%, 2.77 percentage points higher than the textile industry. Growth rate of main business income was 37.93% hemp textile industry; hemp products manufacturing enterprises 28.68%, respectively, higher than the textile industry, 10.01 and 0.76 percentage points. Labor productivity (output value at current prices) hemp textile enterprises 270,700 yuan / person, an increase of 68 thousand yuan / person; hemp products manufacturing 399,700 yuan / person, an increase of 82,400 yuan / person.

According to the National Bureau of Statistics data show that 1 in February 2010, our hemp products, hemp textiles and manufacturing of new product output value (current prices) 452 million yuan, an increase of 45.56%. New product output rate of 9.48%, compared with 1.04 percentage points higher than the same period last year. Significantly higher than the value of new products, industrial output increased 16.01 percent increase, that our state is better linen new product development, product value-added ladder, and their competitiveness.

(C) to restore investor confidence, increase significantly

With the strong economic recovery, companies have to restore investor confidence. According to the National Bureau of Statistics data show that 1 in February 2010, hemp textile industry and the actual investment 158 million yuan in fixed assets, up 42.59 percent; hemp products industry, the actual investment is 54.8 million yuan in fixed assets, an increase of 2390.91%. Projects of hemp products industry increased by 150%. Projects of hemp textile industry declined 7.14% over the same period last year. Hemp products manufacturing the actual investment is up year on year and the number of construction projects was significantly higher than hemp textile industry, and increase significantly. Business investment and the end products to the downstream transfer.

(D) import and export trade have increased, rising trend evident

As the world economy out of recession, China’s economy rebounding, China Textile Import and Export Trade Commission in January, following the outbreak of financial crisis for the first time since the double growth, in February is much higher than same period last year, good start to achieve import and export trade in the first quarter . According to customs statistics, 1 February 2010, China’s hemp fiber, textile and products (excluding apparel) imports and exports amounted to 240 million U.S. dollars, up 26.66 percent, of which 161 million U.S. dollars export value, up 25%; imports the amount of 78.64 million U.S. dollars, up 30.2%.

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3 Responses to “The first quarter of 2010, the economic operation of China's Hemp Industry”

  1. Dalf Says:

    This is great information on a product that the U.S. should be producing. Looks like China is going to beat us in this industry as well :-(

  2. Hemp bootstraps superior technologies, rescues capitalism from cannibalistic culture | End the Lie - Independent News Says:

    [...] The first quarter of 2010, the economic operation of China’s hemp industry [...]

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