The environmental protection policy has become stricter, and the cost of the textile and garment industry has increased

In recent years, China's environmental protection policy has been tightening. Before 2010, the administrative system and the implementation was weak; in 2010-2015, the policies were refined and the environmental protection indicators were improved; after 2015, the policy formulation was raised to the legal level, and many central environmental supervisions significantly strengthened; The government's environmental protection requirements will be further tightened. In the future, the environmental protection investment in the textile and garment industry will continue to increase.

Dyeing, bleaching, dehydration, qualitative and other processes in the printing and dyeing process will produce a large amount of wastewater. We estimate that if the wastewater treatment is up to standard, the annual environmental protection treatment investment in the printing and dyeing industry will be 7 billion yuan, accounting for about 2% of the total revenue in 2017. At the same time, due to the lack of environmental protection investment in some SMEs, the potential environmental protection investment gap in the industry is about 100-200 million.

China's tannery industry has overcapacity and market dispersion, and it is a highly polluting industry. In the three stages of preparation, preparation and consolidation, ash wastewater, tantalum wastewater, deashing wastewater, etc. will be produced, with large quantity, complex composition and high pollutant concentration. . We estimate that the environmental protection cost of the tanning industry will be about 4.3 billion yuan per year, accounting for 0.29% of the industry's revenue.

In recent years, the industry has been declining. At the same time, the government has strengthened the management of the tanning industry and formulated a number of standards to improve environmental protection requirements. The backward production capacity has been gradually eliminated. After 2010, the number of light leather production and tanning enterprises in China will decline, and the market share will be further concentrate on leading companies.

                      By Lily