Analysis on the operation of the textile industry from January to November 2020!

From January to November, the industrial added value of textile enterprises above designated size fell by 3.1% year-on-year. Among them, driven by the demand for anti-epidemic materials, the added value of the industrial textile industry increased by 56.4%. From January to November, the output of non-woven fabrics and chemical fibers increased by 14.4% and 1.2% year-on-year respectively; the output of yarn, cloth and clothing decreased by 10.2%, 18.3% and 8.8% year-on-year.

From January to November, textile enterprises above designated size achieved operating income of RMB 40.09.79 billion, a year-on-year decrease of 9.7%; realized total profit of RMB 171.83 billion, a year-on-year decrease of 8.6%; operating income margin was 4.3%.

From January to November, the total retail sales of clothing, footwear, and knitting textiles above designated size was 1,084.9 billion yuan, a year-on-year decrease of 7.9%; the national online retail sales of clothing products increased by 5.9% year-on-year. From January to November, textile and apparel exports were US$265.22 billion, a year-on-year increase of 9.9%, of which textile exports were US$141.65 billion, a year-on-year increase of 31.0%; clothing exports were US$123.57 billion, a year-on-year decrease of 7.2%.

Mr. Bi Huichuan has extensive experience in the production of polypropylene spunbond non-woven fabrics. In April 1996, he established Qingdao Jufuxiang Plastic Industry Co., Ltd. (the predecessor of Qingdao Fu Rui Xiang Nonwoven Fabric Co., LTD.), dedicated to production, research and development SMS, SS, S polypropylene spunbond non-woven fabrics. Today, after more than 20 years of development, our company has formed a mature and complete system that can provide you with professional products and services.