According to reports, the China National Textile and Apparel Federation released data that the first quarter of 2018 China's textile industry climate index was 57.3, in a stable development.
According to the data from the China Textile Industry Federation spring survey, the industry climate index in the first quarter was 57.3, of which the key enterprises and industrial clusters started and orders were in the normal range, and the capacity utilization rate of the above-scale textile industry was as high as 80.7%, higher than the national average. 4.2% of industries above designated size.
In addition, thanks to the increase in exports of industrial textiles, China’s textile and apparel export market continued to pick up in the first quarter, export volume and price rose, and the number of exports increased by 4% year-on-year. Although export prices have only increased by 0.8% year-on-year, they have been reversed. Four years of negative growth.
Li Lingshen, vice president of the China National Textile and Apparel Council, pointed out in an interview that industrial textiles have been a relatively fast growing industry in the industry in recent years, especially since exports have achieved substantial growth. This has never happened before.
China Textile Federation stated that in the first quarter, the domestic market for textiles and apparel in China accelerated its growth. The retail sales of textiles above designated size in the country increased by 3.6 percentage points year-on-year, and the growth rate increased to the same level as the total retail sales of consumer goods in the same period. This is relatively rare in recent years. In particular, the retail sales of online wearable goods increased by 33.9% year-on-year, a substantial increase of 18.3 percentage points from the same period of last year.
First quarter textile industry index
