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

From January to October, the industrial added value of textile enterprises above designated size decreased by 1.9% year-on-year, and the operating income was 3,792 billion yuan, down 2.5% year-on-year; Total profit was 119.9 billion yuan, down 5.5% year-on-year. The output of yarn, cloth and clothing of enterprises above designated size decreased by 1.2%, 4.2% and 10.1%, respectively, while the output of chemical fiber increased by 8.8%.

From January to October, the total retail sales of consumer goods by units above designated size in China reached 14,474.2 billion yuan, an increase of 6.1% over the same period last year. Among them, the retail sales of clothing, shoes, hats and textile products by units above designated size increased by 10.2% over the same period last year, and the retail sales of physical goods worn online increased by 7.6% over the same period last year.

From January to October, China's cumulative textile and apparel exports were 245.7 billion US dollars, down 9.2% year-on-year, of which exports in October were 23 billion US dollars, down 4.8% year-on-year.

Dongguan Donghong New Material Co., Ltd. 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 polypropylene yarn, with more than 800 employees. At present, our company has 16 polypropylene filament yarn production lines, forming an annual output of 20,000 tons of polypropylene yarn production scale.