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From January to June, the industrial value added of enterprises above the scale of China's textile industry decreased by 6.7% YoY, narrowing by 9.8 percentage points from the first quarter, with the manufacturing industry of manufactured textile products being driven by a surge in demand for epidemic-preventing materials, and the industrial value added growing at a high rate of 57.8%, with a yoY growth rate of 80.7% yoY in June.
January-June, chemical fiber, yarn, cloth and clothing production decreased by 1.0%, 15.8%, 25.9% and 13.7% year-on-year, respectively.
January-June, retail sales of clothing shoes, hats and needle textiles above the national quota amounted to 512 billion yuan, down 19.6% YoY and 3.9 percentage points lower than in January-May.
online wearables fell 2.9 per cent year-on-year.
January-June, China's textile and clothing exports reached US$125.19 billion, up 3.2% YoY and 20.9 percentage points higher than in the first quarter.
, textile exports increased by 27.8% year-on-year to US$74.10 billion due to a sharp increase in exports of anti-epidemic textiles such as masks, but clothing exports were more affected by overseas outbreaks, with clothing exports amounting to US$51.08 billion, down 19.4% YoY.
January-June, textile enterprises above the scale achieved operating income of 192.607 billion yuan, down 16.4% YoY, and total profits of 73.1 billion yuan, down 19% YoY.
operating income margin was 3.8%, up 1.2 percentage points from the first quarter.
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