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The total profit of China's textile industry from January to August this year was 100.62 billion yuan, a year-on-year increase of 14.4%!
The operation of the textile industry from January to August this year. Data shows that the industry's production and consumption markets have steadily grown and rebounded, and exports have continued to recover.
From January to August this year, the industrial added value of textile enterprises above designated size increased by 4.5% year-on-year, with operating revenue of 3128.46 billion yuan, a year-on-year increase of 4.5%; The total profit was 100.62 billion yuan, a year-on-year increase of 14.4%. The yarn production of textile enterprises above a certain scale decreased by 1.4% year-on-year, while the production of fabrics, clothing, and synthetic fibers increased by 3.0%, 5.7%, and 10.6% respectively.
The growth trend of commodity retail is good. From January to August this year, the total retail sales of consumer goods by units above designated size in China reached 1.20304 trillion yuan, a year-on-year increase of 2.3%. The retail sales of clothing, shoes, hats, and needle textiles by units above designated size increased by 0.3% year-on-year, and the online retail sales of physical goods and clothing increased by 5.0% year-on-year. In terms of exports, from January to August this year, China's textile and clothing exports totaled 197.77 billion US dollars, a year-on-year increase of 1.1%; In August, textile and clothing exports to the world reached 27.95 billion US dollars, a year-on-year increase of 1.0%.
Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the development, production and sales of polypropylene fiber. Guangdong Modern High-tech Fiber Co., Ltd. has advanced production and research and development equipment, perfect process flow, scientific management framework, and a high-quality technical team, which is recognized as a national high-tech enterprise.
