China's Textile Industry Has A Good Running Situation
May 07, 2018

The information revealed on the three session of the three Council of the China Cotton Association showed that in 2015, the industrial added value of China's textile enterprises increased by 6.3%, down 0.7 percentage points over the same period of last year. Among them, the textile industry, clothing and apparel industry, chemical fiber industry increased by 7%, 4.4% and 11.2%, respectively.

In addition, the quality of China's textile industry is stable. In 2015, the enterprises above the scale of China's textile industry achieved 5% year-on-year growth in main business income, 5.4% of the total profit growth, 0.1 percentage points lower than the previous year, and the total loss of loss enterprises nearly 5% year-on-year.

It is worth noting that the total volume of China's textile exports has declined. In 2015, China's exports of textiles and clothing decreased by 4.8% compared to the same period last year. Among them, the export of textiles decreased by 2.3% compared with the same period last year, and clothing exports decreased by 6.4% compared to the same period last year.

At the same time, the domestic market of China's textile industry is relatively stable. In 2015, China's retail sales of clothing, shoes, hats, needles and textiles increased by nearly 10% over the same period last year. From online sales, clothing retail sales increased by 21.4% over the same period last year.

Related News