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.

Guangdong Modern High-tech Fiber Co., Ltd is a professional manufacturer engaged in the research and development, production and sales of polypropylene fiber. 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 polypropylene filament nearly 30,000 tons, become the current domestic actual output of large polypropylene filament manufacturers.