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However, in recent years, the operation of the chemical fiber industry has not been satisfactory. It has entered the ninth cycle since 1975.
In the first half of 2006, the situation in the chemical fiber industry has improved. Zheng Zhiyi, chairman of the China Chemical Fiber Association, pointed out that in the first half of 2006, the chemical fiber industry realized a profit of 2.857 billion yuan, a substantial increase of 51.5% year-on-year, reversing the situation of a 20.6% decline in the first quarter, and the loss of loss-making enterprises also decreased by 18.71%. The face of 23.84%, a year-on-year decrease of 2.95 percentage points. At the same time, he also stressed that although the market for chemical fiber has improved, but it is still recovering growth. The contradictions and problems in the operation of the industry have not been fundamentally relieved, and they still have outstanding performance. At present, the chemical fiber industry is still an industry with excess capacity. This alone is enough to kill a small business. Industries with overcapacity will inevitably carry out industry consolidation. It is imperative to eliminate poorly-operated and smaller enterprises.
Statistics show that in the past two years, the fixed-asset investment growth in the chemical fiber industry has declined rationally. It was 44.1% in 2004 and fell to 2% in 2005. According to Xu Kunyuan, vice president of the China Textile Industry Association, in 2005, China's chemical fiber industry eliminated a total of 166,000 tons of inferior quality capacity, mainly due to small scales in the viscose staple fiber and nylon industry (single line capacity below 10,000 tons) and technological backwardness. ability.
As the main raw material of China's textile industry, chemical fiber has developed rapidly since the reform and opening up, and its rapid growth has been continuous for 27 years with an average growth rate of 16.2%. Taking 2005 as an example, the output of chemical fiber was 16.29 million tons, accounting for 42.8% of the world's total chemical fiber production; the processing volume of chemical fiber was 17.1 million tons, accounting for 65% of the total domestic textile fiber processing; the export of chemical fiber textiles and clothing earned US$45.35 billion, accounting for textiles The industry exports 36% of the total foreign exchange earnings.