At the beginning of 2020, the sudden pandemic has had a major impact on the normal operation of the global economy and society, and also brought tremendous pressure on China’s economic development. The production and operation activities of enterprises were once severely impacted, and the
The General Administration of Customs of China announced on September 7 the national trade data of goods from January to August 2020. From January to August, the total value of imports and exports of goods trade was RMB 20 trillion, a decrease of 0.6% over the same period last year (the
On September 10, the 2020 China Top 500 Private Enterprises Summit hosted by the All-China Federation of Industry and Commerce was held in Beijing. The “China Top 500 Private Enterprises 2020” list was released at the meeting. Among them, 38 textile companies are on the list. Along with it a
From January to July 2020, a briefing on the economic operation of China’s apparel industry was released. This briefing report is a comprehensive analysis by the Ministry of Industry of the China National Garment Association based on relevant data from the National Bureau of Statistics and
Fitch Ratings on Tuesday projected global GDP to contract 4.4 per cent in the current year but revised upwards China’s growth estimate to 2.7 per cent for 2020.
In its September update to the Global Economic Outlook (GEO), Fitch Ratings cut its 2020 GDP forecast for emergin
As of September 7, there have been 369 listed textile and apparel companies that have released their 2020 semi-annual reports. 369 textile and apparel companies achieved operating income of 681.728 billion yuan in the first half of 2020, which was 52.483 billion yuan lower than 734.211 bil