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In the first half of the year, China's textile industry market pressure increased
Release date: [2019/8/13] Read total of [1327] times

At the analysis meeting of the economic operation of the textile industry in the first half of 2019 held on August 6, the relevant person in charge of the Industrial Economic Research Institute of the China National Textile and Apparel Council said that in the first half of the year, under the pressure of increasing internal and external market pressure, China's textile industry The operating indicators such as production, sales, efficiency, and investment in the industry have fluctuated, but the prosperity has remained in the expansion range, and the economic operation is generally normal, with the support of the domestic market being prominent.


According to statistics, in the first half of 2019, the domestic market for textile and apparel products in China was steadily slowing down, and online retail sales were growing. The retail sales of clothing, shoes, hats and needles and textiles above designated size in the country was 656 billion yuan, a year-on-year increase of 3%, and the growth rate slowed down compared with the same period of last year. The export pressure of the textile industry increased significantly compared with the same period of the previous year, and the product structure and market structure were adjusted.


The above-mentioned person in charge pointed out that in the second half of 2019, the textile industry's export situation will be more severe, and it will be more difficult for the total export value to resume positive growth. However, China's macroeconomic environment and domestic demand consumer market will still provide the primary development support for the industry.


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