Analysis of the current status of the textile industry operation!

In 2019, China's industrial textile industry adheres to innovation-oriented, actively promotes the transformation and upgrading of the industry and structural reforms, fully explores domestic and foreign markets, strives to overcome downward economic pressure, and runs steadily throughout the year. In 2019, the industry realized operating income of 235.93 billion yuan, a slight increase of 1.87% year-on-year.

According to the National Bureau of Statistics, the growth rate of industrial added value of enterprises above the industry size in 2019 is 6.9%, which is higher than the average value of the manufacturing industry, and is at the leading level in the textile industry.

In 2019, the demand for non-woven fabrics continued to be strong worldwide. The non-woven fabric output of enterprises above the industry scale reached 5.03 million tons in the year, a year-on-year increase of 9.9%. The sluggish automotive industry also affected related supporting industries. The output of cord fabrics in 2019 was 623,000 tons, a year-on-year decrease of 7.4%.

From the perspective of changes in operating income, according to statistics from the China Industrial Textile Industry Association, from 2017 to 2019, the main business income of China's industrial textile industry dropped from 289.75 billion yuan in 2017 to 235.93 billion yuan in 2019.

Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in R & D, production and sales of PP yarns. Since its establishment, it has developed steadily. At present, it has established more than 70 PP FDY yarn production lines, 8 POY production lines, 2 DTY production lines, and several other production research and development equipment. Last year, various specifications of PP yarns exceeded 24,000 tons. Welcome friends from all walks of life to visit Guidance and business negotiations!