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

Industrial production picked up steadily and economic performance continued to improve. From January to August, the industrial added value of textile enterprises above designated size increased by 4.5% year-on-year, and the operating income was 3,128.46 billion yuan, an increase of 4.5% year-on-year; The total profit was 100.62 billion yuan, up 14.4 percent year-on-year. The output of yarn of textile enterprises above designated size decreased by 1.4% year-on-year, and the output of cloth, clothing and chemical fiber increased by 3.0%, 5.7% and 10.6% respectively.

The consumer market grew steadily, and the retail sales of commodities grew well. From January to August, the total retail sales of consumer goods by units above designated size in the country reached 12,0304 billion yuan, an increase of 2.3% year-on-year, of which the retail sales of clothing, shoes and hats, and textile products by units above designated size increased by 0.3% year-on-year, and the online retail sales of physical goods increased by 5.0% year-on-year.

Exports continued to recover, and all exports rebounded in the month. From January to August, China's textile and apparel exports totaled $197.77 billion, up 1.1% year-on-year. In August, textile and apparel exports to the world were 27.95 billion US dollars, an increase of 1.0%.

Dongguan Donghong New Material Co., Ltd. Founded in 1991, located in Wentang Brick Kiln 冚 Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province, is a medium-sized enterprise specializing in the production of various types of polypropylene yarn, with more than 800 employees. At present, our company has 16 polypropylene filament yarn production lines, forming an annual output of 20,000 tons of polypropylene yarn production scale.