The COVID-19 pandemic in the first quarter of 2020 has brought unprecedented impact on China’s economic development. Statistics show that the main economic indicators of the textile machinery industry showed a sharp decline in the first quarter. The export and import of textile machinery
Since May, many European countries have resumed work, and the retail market has begun to show signs of gradual recovery. But the latest data show that the market’s decline and stagnation will continue.
The British Retail Consortium (BRC) said that in the first full month of the
On May 23, it was learned from the Sinopec News Office that recently, Sinopec Yizheng Chemical Fiber Co., Ltd. has successfully achieved the industrial production of biodegradable plastics PBST and PBAT. The feature of these two plastics is that they can be completely degraded into water a
According to customs statistics, in April 2020, China imported 140,000 tons of cotton yarn, a year-on-year decrease of 26.32% (in April, the import amount of China’s textile yarn, fabric and products was USD 1.14 billion, a year-on-year decrease of 25.4%); from September 2019 to April 2020
According to the news from the Guangdong Customs on May 18, from January to April, Guangdong’s foreign trade imports and exports were 1.92 trillion yuan, the decrease was 2 percentage points narrower than the first quarter, accounting for 21.2% of the country’s total import and export valu
Entering May, although most companies still indicated that orders had decreased significantly year-on-year, some companies began to slowly get on track.
According to customs data, total exports of textiles and apparel in the first quarter were USD 47.88 billion, down 17.8% year-