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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%.
Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the development, production and sales of PP yarn. Since its establishment, the steady development, has established more than 70 polypropylene FDY production lines, POY production line 8, DTY production line 2, BCF production line 12 and other production research and development equipment, the last year of various specifications of PP yarn nearly 30,000 tons, become the current domestic actual output of large PP yarn manufacturers.