The Trend Of Textile Industry Is Slowing Down Year By Year And Improving Risk Control Ability Is The Main Task Of This Industry.

China before April of this year

The operation slowed down, the output of main products slowed down, the number of textile and garment exports increased negatively, and the growth rate of industrial profits dropped.

The textile industry will continue to face higher external risks in the future. Further improvement of risk control and response capability will be the top priority of China's textile industry this year.

Reporters learned from the China Textile Industry Federation today that the main operating indicators of China's textile enterprises above Designated Size reached a slower growth rate in the first half of April this year, while production remained at a low growth rate, and the total industrial output value of textile enterprises above Designated Size reached an increase of 13% over the same period last year.

Over the same period, the export volume of China's textile industry showed a negative growth.

Among them, the export growth of China to Japan, the EU and the United States has slowed down, and the market share of the three major markets has declined, while the export to the EU is the most severe.

At the same time, the growth of China's domestic market is still an important support for the development of the textile industry. Before April, the domestic sales value of textile enterprises above designated size increased by 15% compared to the same period last year, and the share of domestic sales accounted for 84% of sales output value.

The head of China Textile Industry Federation pointed out that there are still many pressures and uncertainties in the international market demand this year, which will affect the export growth of the industry.

Although the continuous improvement of urban and rural residents' income level and policy support will promote the growth of the domestic demand market, the growth rate will probably be lower than that of last year.

Besides,

Fluctuations will be the main risks facing the textile industry.

It is expected that in the second half of this year, with the promotion of domestic policies to stimulate domestic demand, the domestic demand market will be further opened, and the textile industry will usher in opportunities for development.

Wang Tiankai, President of the China Federation of textile industry, stressed that the textile industry in the future should actively respond to the challenges of the market. Large enterprises should pform from scale growth to benefit growth, and small businesses should adjust to the direction of being refined, strong and specialized.