According to the National Development and Reform Commission data show: in 2008, the industrial economic operation is “after the former high-low” trend. Affected by changes in international economic and financial situation and other factors, into the second half of the industrial economy is running down the pressure increased, the production slowdown, export slump, and some industries, enterprises are facing a difficult. To focus on reversing the trend of the economic downturn, the central expansion of domestic demand has taken a timely manner to protect the growth of a series of policy measures, and to see initial results. In December, a slight rebound in industrial production growth, the economy showed some signs of warmer.

Cotton and textile industry is the consumer goods industry, at present the general operation of the consumer goods industry trend is: to be reduced in outer circumstances, the domestic market in the expansion of consumption, will pull along the production has played a very important role, the consumer goods industry growth down than the upper reaches of the range of industry gentle. Throughout the year above-scale industrial added value of consumer goods up 13.5% year-on-year growth rate down 4.5 percentage points; of which 8.8 percent growth in December, the growth rate slowed down by 2 percentage points last month.

The textile industry: by the lack of external demand, production in the doldrums, exports blocked, efficiency decline. The annual added value of textile firms up 10.3% year-on-year growth rate down 6.2 percentage points; export delivery value of 4.7 percent growth, down 9.5 percentage points; production of 21,490,000 tons yarn, cloth 52.8 billion meters, respectively, and 8.1 percent growth 5.3%; fiber 24,050,000 tons, an increase of 2.3%; clothing 20,700,000,000, an increase of 4.8%. The first 11 months, textile industry realized profits of 102.6 billion yuan, rising by 36.9 percent year-on-year growth dropped to 0.7%; Among them, textiles, clothing profit growth of 9.3% and 13%, chemical fiber industry profits fell 74.9 percent; loss-making enterprises losses amounted to 22.13 billion yuan, up 97.7 percent, 20.4 percent achieved a loss of face.

Domestic cotton prices fell in the overall situation. 12 at the end of the domestic cotton price index (328) to 10,953 yuan / ton, up 19.3 percent decline, at the end of last month rose 291 yuan / ton.