Gather Strength And Move Towards The New | The Sixth Council Of The Eighth Session Of China Hemp Textile Industry Association Was Held In Shanghai!

On March 10, the 6th meeting of the 8th Council of China Hemp Textile Industry Association was held in Shanghai. More than 150 people attended the meeting, including Dong Chunxing, president of China Hemp Textile Industry Association, Li Hongyu, secretary-general of China Hemp Textile Industry Association, and more than 150 entrepreneurs, industry experts and scholars from the association's vice president, directors and member units. Secretary General Li Hongyu presided over the meeting.

At the meeting, Chairman Dong Chunxing first gave the title“ Focus on the new ”Report on the work of the Council. The Chairman of the Board of Directors focused on Industry operation in 2024, current situation and industry priorities in 2025 Three parts of the content of the in-depth elaboration.

The report pointed out that in the face of complex market changes in 2024, the hemp textile industry, as a niche and unique historical classic industry and livelihood industry, gave full play to the comparative advantages of industry resources, production and international trade, still achieved good economic benefits, and the profitability of industry enterprises was better than expected. Compared with 2023, the number of enterprises above designated size, operating revenue and total profits have all achieved a higher growth, and the export volume of enterprises in the whole industry has also increased by 27.1%. During the same period, the operating cost, inventory and accounts receivable indicators of the industry enterprises have increased significantly, which indicates that there is room for improving the efficiency of the operation and management of the hemp textile industry enterprises, and it is also the driving force for the industry enterprises to improve their core competitiveness and promote the high-quality development of the industry.

In terms of raw material import, the report points out that due to the shortage of flax raw materials, the import volume of beaten flax will decline significantly in 2024, and the second crude import will hit a new high, surpassing the import volume of beaten flax for the first time; For the same reason, the import of hemp fiber will also increase significantly in 2024; Jute raw materials and jute yarns are still mainly imported from a single source. In addition, the flax harvest in Europe in 2024, and the price of flax staple fiber plummeted in the fourth quarter, which had a huge impact on the industry, especially the spinning enterprises' profit return was serious.

As for the current external environment facing the industry, the report points out that the current external situation is grim. Geopolitics : The strategic game between China and the United States has become more complex, regional conflicts have entered a new stage, the situation in Eurasia and the Middle East continues to be turbulent, and China's overseas interests are facing challenges to protect; Economic cooperation : The restructuring of the industrial chain and supply chain has accelerated, the trend of economic security has become prominent, and the United States has imposed tariffs and other protectionist acts, which are not conducive to China's foreign trade and the layout of the global industrial chain. Industry enterprises should uphold“ Strategic contempt, tactical emphasis ”Policy.

At present, the domestic economic situation facing the industry is Keep the word at the top and make progress while maintaining stability The implementation of more active fiscal policies, moderately loose monetary policies, strengthening the livelihood orientation of macro policies, and playing a good policy combination are powerful measures to escort the steady development of enterprises in the industry.

at present The hemp textile industry itself also showed a good trend of turning from decline to rise After a sharp shock in 2024, the market tends to be stable and good, and the price of flax returns to the normal level. The quick return of one-step prices prompted buyers to lose their wait-and-see attitude and actively enter the market. estimate The hemp textile industry will have a good market performance in 2025 。

As for the key work in 2025, the report clarifies five items, including Guiding Opinions on the Development of China's Hemp Textile Industry during the "Tenth Five Year Plan" Period and Doing a Good Job in the Transformation of Hemp Textile Association Is the first task.

Subsequently, Secretary General Li Hongyu read out the 2024 Financial Report of China Hemp Textile Industry Association.

Linen group discussion

Cannabis group discussion

Group discussion on ramie (jute)

After the meeting, the participants were divided into three groups: flax, hemp and ramie (jute). They had a warm discussion on the current raw material supply, enterprise orders, domestic and foreign market forecasts, and the practical problems faced by the industry enterprises.

(Source: CMA)