The production growth rate of the textile industry has slowed down!

The capacity utilization rate of the textile industry has declined, and the growth rate of production has slowed down.

In the first half of the year, the capacity utilization rates of the textile and chemical fiber industries were 78% and 84%, respectively, down 1.7 and 2.1 percentage points from the same period of the previous year, but still higher than the national industrial capacity utilization level of 75.4% in the same period.

In the first half of the year, the industrial added value of enterprises above designated size in the textile industry increased by 0.9% year-on-year, and the growth rate slowed down by 8.7 and 4 percentage points compared with the same period of the previous year and the first quarter of this year. The industrial added value increased by 0.6% and 4.4% year-on-year respectively.

Dongguan Donghong New Materials Co., Ltd. was founded in 1991 and is located in Wentang Brick Kiln Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province. It is a medium-sized enterprise specializing in the production of various PP yarns. It has more than 800 employees. It has 16 PP yarn production lines, forming a production scale with an annual output of 20,000 tons of PP yarn.