China's Textile Industry Profitability Studies

Textile industry is one of the earliest marketed proceeding in local market, the most degree of market, the most plenty of the market competition, and the most obviousness of resources and market internationalization, therefore, becoming the tiny benefit industry was inevitable. The past twenty years the marketed and internationalization pushed development of the domestic textile industry, which made our country become a big country on textile production and export, even the leaps and bounds in the new industry, textile industry still occupy an important position in the national economy, developing an important function to extend employments, increase farmers income, accumulate funds, export and create remits, promote business activities, raise town and turn level, arouse related industry and promote the district economic developments .But the situation that our country textile industry faces is still very rigorous, turning increasingly competition along with the economic globalization, the textile industry in developed countries and regions including America, Japan, Germany, France, Italy and so on which carried out the optimization and upgraded of the industrial structure and accelerated textile industry change from labor-intensive industries to capital-and-technology-intensive industries under the Hi-tech pushing. In the meantime, the textile industry in peripheral developing countries and regions is rising, the international textile produce and trade structure continuously are evolving, and competing very vigorously. The international market quota of our country textile product has already started cutting, having danger of a quilt numerous developing countries crowded. The local market also faces competition to flow out the upscale textile product in great quantities from developing countries. The fierce competition, insufficient technological innovation ability, reduced brand competitiveness, caused textile industry profitability of our country lower. How to raise the textile industry profitability of our country and strengthen international competition ability in tiny benefit ages, will be the topic that our need to solve.Firstly this paper defined to the profitability, carried on a research to the related theories of Profitability to provide method's supports and theories' basis; Secondly this paper analyzed the present condition to the our country textile industry, indicated the tiny profit characteristic of the our country textile industry to reveal the represents that textile industry profitability of our country was low; Thirdly this paper researched on the Porter's Five Competitiveness Model, pointed out the impact factors about textile industry profitability of our country from the strategic level; Finally this paper Aimed at the problems of our textile industry profitability of our country to put forward the strategies which raise the textile industry profitability of our country.