Rebound of investment growth in chemical fiber industry will exacerbate vicious competition in the market

Recently, Zheng Zhiyi, chairman of the China Chemical Fiber Industry Association, said that China's chemical fiber early warning system reflects the biggest problem in the chemical fiber industry, and it is the industry's fixed asset investment growth rebounded significantly. Since the second half of last year, the growth rate of investment in fixed assets of the chemical fiber industry has rebounded sharply, which has brought hidden troubles to the operation and development of the industry.

Comments: In the first two years, after the efforts of all parties, the fixed-asset investment growth rate in the chemical fiber industry has appeared a rational return. According to statistics from the National Bureau of Statistics, the investment growth rate in 2004 was as high as 44.1%, and it fell to 2% in 2005. In the first quarter of 2006, the growth rate of investment was still only 3%. From January to May, it was only 3.2%, but from January to June Rapidly increased to 18.1%, from January to October continue to increase to 23%, from January to November is as high as 33.8%. This rebound will have a huge impact on this year's industry operation in particular, and will once again change the good balance between the hard-to-find market demand obtained by the chemical fiber industry after two years of adjustment, and exacerbate the vicious competition in the market and affect the industry. Health and sustainable development. This will be the biggest and most direct unfavorable factor affecting the operation of the industry in 2007.

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