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The operation of the textile industry from January to August 2023!

From January to August, the industrial added value of textile enterprises above designated size decreased by 2.8% year-on-year, and the operating income was 2,963.1 billion yuan, down by 4.2% year-on-year; Total profit was 87.1 billion yuan, down 12.1 percent year on year. The output of yarn, cloth and clothing of enterprises above designated size fell by 1.7%, 4.6% and 10.3%, respectively, while the output of chemical fiber increased by 6.9%.

From January to August, the total retail sales of consumer goods by units above designated size in China reached 1,336.4 billion yuan, an increase of 5.9% over the same period last year. Among them, the retail sales of clothing, shoes and hats and textile products by units above designated size increased by 10.6% over the same period last year, and the retail sales of physical goods wearing goods online increased by 10.9% over the same period last year.

From January to August, China's textile and apparel cumulative exports of US $1972 billion, down 10.0%, of which August exports of US $27.9 billion, down 8.4%, down 9.2 percentage points from the previous month.

Guangdong Modern High-tech Fiber Co., Ltd is a professional manufacturer engaged in the research and development, production and sales of polypropylene fiber. Since its establishment, the steady development, has established more than 70 polypropylene FDY production lines, POY production line 8, DTY production line 2, BCF production line 12 and other production research and development equipment, the last year of various specifications of polypropylene filament nearly 30,000 tons, become the current domestic actual output of large polypropylene filament manufacturers.