[The economic operation of China's textile industry started basically steadily in the first quarter!]
Release date:[7:21:43 PM] Read a total of [13] time

In the first quarter of this year, as the synergy effect of the country's existing and incremental policies continued to strengthen, the main economic operation indicators of China's textile industry, such as production, domestic sales and investment, achieved growth. The export data performed better than expected, and the economic operation started basically steadily.


Statistics show that in the first quarter, the capacity utilization rates of China's textile industry and chemical fiber industry were 77.8% and 86.3% respectively, both higher than the national industrial capacity utilization rate of 74.1% during the same period. The industrial added value of textile enterprises above designated size across the country increased by 5.3% year-on-year, with the growth rate rising by 0.4 percentage points compared with the same period of the previous year. The production of all links in the textile industry chain achieved positive growth, and the industrial added value of sub-sectors such as jute textile and filament weaving maintained a good growth trend of double digits. Among the 15 major textile products surveyed by the National Bureau of Statistics, the output of 10 major categories, including chemical fibers, yarns, fabrics, nonwoven fabrics and garments, has achieved steady growth. Under the overall stability of the industry's supply side and the intensified support of the country's "two major" and "two new" policies, leading textile enterprises have accelerated their technological transformation and upgrading towards high-end, intelligent and green development. The fixed asset investment in the textile industry has continued to grow at a relatively fast pace since 2024.


According to the prediction of the China National Textile and Apparel Council, although China's macroeconomy is facing more challenges under the complex external situation, with the joint efforts of the country's existing policies and the expanded incremental policies, it will provide support for the textile industry to better activate the demand space. The demand for textile and apparel in fields such as the ice and snow economy, silver-haired consumption, national trend clothing, and big health is expected to be released at a faster pace. The domestic demand market has further strengthened its support for the textile industry, gradually forming a new pattern of stable industry development driven by both domestic demand and innovation.


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