An Economic Report Of Chine Textile Industry

The external situation faced by China's textile industry in 2018 was generally more complex and the development pressure increased. The whole industry adheres to the general tone of steady progress, actively deepens the structural reform of the supply side, vigorously promotes high-quality development, and focuses on resolving what kind of external risks. The economic situation of textile industry in the whole year is basically normal, which is consistent with the external environment and the development stage of the industry. The growth level of the main operational indicators is generally in line with expectations. The prosperity of enterprises is relatively stable, and the characteristics of high-quality development are gradually emerging. He pointed out that in 2018, China's textile machinery industry generally ran smoothly. Supported by macro-economy and the overall smooth operation of the textile industry, the upgrading of the textile machinery industry was further promoted. The overall operation quality and efficiency were good, and the export volume reached a record high, but the growth rate of the industry showed a slowing trend. The main business income of textile machinery enterprises above the scale of the whole year was 91.169 billion yuan, an increase of 8.82% compared with the same period last year; the total profit was 6.833 billion yuan, an increase of 5.12% compared with the same period last year; the export of textile machinery was 3.666 billion dollars, an increase of 7.21% compared with the same period last year; and the import of 3.721 billion dollars, an increase of 6.6% compared with the same period last year.