CNTAC investigation weekly report: Textile industry resumes steady progress
Mar 11, 2020 ｜ by
From February 13, 2020 to March 4, 2020, the China National Textile and Apparel Council (CNTAC) conducted daily surveys on the work and production resumption of textile enterprises. A total of 1,063 textile enterprises reported their work and production resumption through online questionnaires.
According to the survey data, from 12:00 on February 26 to 12:00 on March 4, a total of 286 enterprises completed the online questionnaire. The proportion of enterprises that have resumed work has reached 89.9%, which is 7.1 percentage points higher than the survey result of the previous week. The number of employees getting back to work in 257 enterprises that have resumed work reached 250,000, accounting for 72.4% of the total number of employees under normal circumstances, an increase of 4.4 percentage points from the previous week’s survey.
CNTAC extracted the information on daily work and production resumption in four periods, from February 13 to 15, 18 to 20, 23 to 25, and 28 to March 1, a total of 88 enterprise submitted valid information at the same time in these four periods. The data shows that in the four time periods, the proportions of the enterprises that have resumed work are 63.6%, 75%, 81.8%, and 88.6%, and the proportions of employees getting back to work are 42%, 61.8%, 71.3%, and 74%, it shows that the enterprise resumes work and production continuously and steadily.
The Cluster Office and the Park Office of CNTAC investigated 29 key textile industry clusters in 15 provinces across the country. As of 12:00 on February 28, a total of 11,000 textile enterprises had resumed production, accounting for 21.1% of the total number of above cluster enterprises, which is 6 percentage points higher than that of the previous week (February 21).
According to the survey data of CATA on 101 national key textile and apparel professional markets on March 3, the open rate of the single market has reached 84.2%, an increase of 15.9 percentage points from the previous week’s survey; the number of open stores is 37,000, accounting for 44.3% of the total number of shops in the market under normal circumstances. Although there are still a large number of stores that have not yet resumed business, this proportion has increased by 18.1 percentage points from a week ago.
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