The operation of the textile industry from January to August 2024!

Industrial production picked up steadily and economic performance continued to improve. From January to August, the industrial added value of textile enterprises above designated size increased by 4.5% year-on-year, and the operating income was 3,128.46 billion yuan, an increase of 4.5% year-on-year; The total profit was 100.62 billion yuan, up 14.4 percent year on year. The output of yarn of textile enterprises above designated size decreased by 1.4% year-on-year, and the output of cloth, clothing and chemical fiber increased by 3.0%, 5.7% and 10.6% respectively.

The consumer market grew steadily, and the retail sales of commodities grew well. From January to August, the total retail sales of consumer goods by units above designated size in the country reached 12,0304 billion yuan, an increase of 2.3% year-on-year, of which the retail sales of clothing, shoes and hats, and textile products by units above designated size increased by 0.3% year-on-year, and the online retail sales of physical goods increased by 5.0% year-on-year.

Exports continued to recover, and all exports rebounded in the month. From January to August, China's textile and apparel exports totaled $197.77 billion, up 1.1% year-on-year. In August, textile and apparel exports to the world were 27.95 billion US dollars, an increase of 1.0%.

Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the development, production and sales of polypropylene fiber. Guangdong Modern High-tech Fiber Co., Ltd. has advanced production and research and development equipment, perfect process flow, scientific management framework, and a high-quality technical team, which is recognized as a national high-tech enterprise.