The operation of China's textile industry in January to May!
From January to May 2023, the industrial added value of textile enterprises above designated size decreased by 3.6% year-on-year, and the operating income was 1,789.2 billion yuan, down by 5.2% year-on-year; Total profit was 44.4 billion yuan, down 27.5 percent year-on-year. The output of yarn, cloth and clothing of enterprises above designated size fell by 3.5%, 6.4% and 1.9% respectively, while the output of chemical fiber increased by 2.7%.
Dongguan Donghong New Materials Co., Ltd. was founded in 1991, located in Wentang Brick Kiln 冚 Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province, is a medium-sized enterprise specializing in the production of various types of PP yarn, with more than 800 employees. Our company has 16 PP yarn production lines, forming an annual output of 20,000 tons of PP yarn production scale.
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