Economic Data: Analysis Of China'S Economic Operation And The First Eight Months Of Textile Industry Operation

From January to August 2023, the industrial added value of textile enterprises above designated size dropped 2.8% year on year, and the operating revenue was 2963.1 billion yuan, down 4.2% year on year; The total profit was 87.1 billion yuan, down 12.1% year on year. The output of yarn, cloth and clothing of enterprises above designated size decreased by 1.7%, 4.6% and 10.3% respectively year on year, while the output of chemical fiber increased by 6.9% year on year.

From January to August 2023, the total retail sales of consumer goods per unit above the designated size nationwide reached 11336.4 billion yuan, an increase of 5.9% year on year, of which the retail sales of clothing, shoes and hats, knitwear and textiles per unit above the designated size increased by 10.6% year on year, and the online retail sales of physical goods increased by 10.9% year on year.

The data shows that from January to August, the industrial added value of textile enterprises above designated size dropped 2.8% year on year, and the operating revenue was 2963.1 billion yuan, down 4.2% year on year; The total profit was 87.1 billion yuan, down 12.1% year on year. The output of yarn, cloth and clothing of enterprises above designated size decreased by 1.7%, 4.6% and 10.3% respectively year on year, while the output of chemical fiber increased by 6.9% year on year.

In addition, from January to August, China's textile and clothing exports totaled US $19.2 billion, a year-on-year decrease of 10.0%, of which US $27.9 billion was exported in August, a year-on-year decrease of 8.4%, 9.2 percentage points narrower than the previous month.

(According to relevant data of China Textile Industry Federation)