In the "National Economic and Social Development of the thirteenth Five-Year Plan", "China made 2025" and other levels after the release of planning, textile and garment industry ushered in the "Textile Industry Development Plan (2016-2020)" ( " "planning""). Ministry of Industry website yesterday, the Ministry of Industry recently issued a five-year development plan of the textile industry. The industry believes that the "planning" as the "Thirteen Five" period to guide the development of textile industry special plan, will promote the textile industry transformation and upgrading.

"Planning" put forward to promote the smart manufacturing and green manufacturing, and promote industry towards high-end, initially built textile power. "Plan" from the promotion of industrial innovation, vigorously implement the "three products" strategy, promote textile manufacturing, speed up the process of green development, promote regional coordinated development, enhance the comprehensive strength of enterprises and other aspects of six specific tasks.

Specifically, the plan, the "13th Five-Year" period, above-scale textile enterprises in the average annual growth rate of industrial added value remained at 6% -7%; textile and apparel exports accounted for global market share remained stable. Textile industry growth mode from the scale of speed to quality and efficiency change. "13th Five-Year" at the end, large and medium-sized enterprises research and experimental development expenses accounted for the proportion of the main business income of 1%. During the "thirteen five" period, the textile industry invention patent grants an average annual growth of 15%, above-scale enterprises full-year labor productivity growth of 8%. "Thirteen Five" at the end, clothing, home textiles, industrial products with three categories of fiber consumption ratio reached 40:27:33 terminal.

Benefit from the devaluation of the renminbi and cotton prices, textile manufacturing companies performed well in the first half performance. According to statistics, the first half of this year, the textile manufacturing industry net profit of 1.976 billion yuan, up 8.24%; clothing textile industry net profit of 4.742 billion yuan, down 8.11%; textile and apparel industry-wide net profit of 67.3 billion yuan, down year on year 8.17%; most industry leading enterprise performance is expected.

From the three quarterly notice, according to statistics, Shen million clothing textile plate 80 listed companies 42 disclosed three quarterly notice, of which 7 pre-increase, 11 continued surplus, 12 slightly increased.

"Overall, the performance of processing enterprises look better performance in the brand apparel, the first three quarters of 2016 is expected to grow faster performance is found in special, the United States Shing culture, the new wild textiles and Semir clothing." CITIC Securities analyst Xue Yuan .

Xue Yuan proposed to grasp the two main line of investment: First, around the main business strategic layout of the implementation of strong, clear objectives, the strategy continues to promote the subject: focus on the recommendation of song force thinking, search in special; Second, the main business is good, beautiful performance, Safety margin of the subject: Recommended New wild textile, Semir clothing.

Orient Securities analyst Shi Hongmei that the short-term recommendations concerned about the three quarterly expectations are relatively good companies, such as cross-border, Antarctic electricity providers, search in special, Huafu color spinning, Semir costumes, Hailan home, Shares, etc., as well as by the devaluation of the good export companies, such as Lutai A, MediaTek shares, Xin Ye textiles, Rebecca and so on. Medium-term industry investment in the main line of advice from four considerations: First, a small number of relatively bright growth performance, underestimate the value of its business is committed to the supply chain efficiency and industry market share to enhance the industry leader, recommended Senma costumes, Hailan home, Wei The second is the industry innovative companies, the proposed focus on cross-border links, Antarctic electricity providers, found in the special, Huafu color spinning, etc .; third is to benefit from the Renminbi (RMB) Depreciation and cotton prices lagged reflect the company, it is recommended to pay attention to the new field of textiles, MediaTek shares, Vosges, Huafu color spinning; four is a small market value of the company has a clear transformation of the expected flexibility of the game (short-term by the policy impact) , The proposed focus on George White, Shandong Ruyi, Huafang shares, shares and Yan Long Holdings shares.