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The operation of the textile industry from January to October 2024!

The operation of the textile industry from January to October 2024, the production situation increased steadily, and the efficiency level continued to improve. From January to October, the industrial added value of textile enterprises above designated size increased by 4.4% year-on-year, and the operating income was 4012.11 billion yuan, an increase of 4.4% year-on-year; The total profit was 133.14 billion yuan, up 9.7% year on year. The output of yarn of textile enterprises above designated size decreased by 0.9% year-on-year, and the output of cloth, clothing and chemical fiber increased by 2.0%, 4.4% and 9.1% respectively.

The consumer market continues to heat up, and the retail sales of commodities are growing well. From January to October, the total retail sales of consumer goods by units above designated size nationwide reached 15,513.1 billion yuan, an increase of 2.7 percent year-on-year, of which the retail sales of clothing, shoes and hats, and textile products by units above designated size increased by 1.1 percent year-on-year, and the online retail sales of physical goods increased by 4.7 percent year-on-year.

The export situation is generally good, and the growth rate is faster than that of the first three quarters. From January to October, China's textile and apparel cumulative exports of 247.89 billion US dollars, an increase of 1.5%. In October, textile and apparel exports to the world reached 25.48 billion US dollars, an increase of 11.9%.

Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the development, production and sales of polypropylene fiber. Guangdong Modern High-tech Fiber Co., Ltd. has advanced production and research and development equipment, perfect process flow, scientific management framework, and a high-quality technical team, which is recognized as a national high-tech enterprise.