From January to October 2020, the industrial added value of enterprises above designated size in China’s textile industry decreased by 3.7% year-on-year. Among them, driven by the demand for anti-pandemic materials, the added value of the industrial textile industry increased by 58.6%, and the month of October increased by 50.5% year-on-year; chemical fiber manufacturing industry maintained a low growth rate, with a year-on-year growth of 1.1% in October.

From January to October 2020, textile enterprises above designated size achieved operating income of 3,576.7 billion yuan, a year-on-year decrease of 10.7%; realized total profits of 148.1 billion yuan, a year-on-year decrease of 9.5%; operating income margin was 4.1%, basically the same as the same period last year.