The first three quarters of textile industry profits increased by 10.3%!

From January to September, the industrial added value of textile enterprises above designated size increased by 4.5% year-on-year, and the operating income was 3,568.77 billion yuan, an increase of 4.0% year-on-year; The total profit was 113.88 billion yuan, up 10.3% 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 1.4%, 4.4% and 9.5% respectively.

The consumer market picked up, and online retail sales grew steadily. From January to September, the total retail sales of consumer goods by units above designated size nationwide reached 13,767.7 billion yuan, up 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 0.2% year-on-year, and the online retail sales of physical goods increased by 4.1% year-on-year.

Exports continued to grow, and the growth rate slowed down. From January to September, China's textile and apparel exports totaled 222.41 billion US dollars, an increase of 0.5%. In September, textile and apparel exports to the world were 24.78 billion US dollars, down 3.8% year-on-year.

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.