From January to June, the industrial added value of enterprises above designated size in China’s textile industry fell by 6.7% year-on-year, which was 9.8 percentage points narrower than the first quarter. The industrial textile manufacturing industry was driven by the surge in demand for pandemic prevention materials, and the industrial added value showed a rapid growth of 57.8%, and the year-on-year growth rate in June was as high as 80.7%. From January to June, the output of chemical fiber, yarn, cloth and clothing decreased by 1.0%, 15.8%, 25.9% and 13.7% year-on-year respectively.

From January to June, the retail sales of clothing, shoes, hats and knitting textiles of units above designated size nationwide were 512 billion yuan, a year-on-year decrease of 19.6%, and the rate of decline narrowed by 3.9 percentage points from January to May. The retail sales of online clothing products fell by 2.9% year-on-year. From January to June, China’s textile and apparel exports were USD 125.19 billion, a year-on-year increase of 3.2%, and the growth rate was 20.9 percentage points higher than the first quarter. Among them, due to the sharp increase in the export of anti-pandemic textiles such as masks, textile exports were USD 74.10 billion, a year-on-year increase of 27.8%. However, apparel exports were greatly affected by overseas pandemic. Apparel exports were USD 51.08 billion, a year-on-year decrease of 19.4%.

 

From January to June, textile enterprises above designated size achieved operating income of 1,926.07 billion yuan, down 16.4% year-on-year; realized total profits of 73.1 billion yuan, down 19% year-on-year. The operating income margin was 3.8%, an increase of 1.2 percentage points from the first quarter.