According to the National Bureau of statistics and customs data, textile industry in 2017, the main business income of China textile enterprises reached 6 trillion and 890 billion yuan, an increase of 4.18% over the same period, with a total profit of 376 billion 881 million yuan, an increase of 6.92% over the same period last year. In 2017, the total export volume of textiles and clothing reached 274 billion 510 million US dollars, up 1.6% from the same period last year, up 8.8 percentage points from the same period last year, reversing the negative growth in the past two years. Textile industrial added value growth rate in 2016 from 6.7% in February and gradually slowed to 4.9% in December; in 2017, the growth rate gradually stabilized, the year 2017 reached 4.8%.
The domestic market, in 2017 the clothing shoes and hats, knitwear and textile retail sales reached 1 trillion and 460 billion yuan, an increase of 7.8% over the same period last year, the growth rate increased 0.8 percentage points, the growth rate increased for the first time in 7 years. In 2017, the retail sales of supermarkets, department stores, specialized stores and franchised stores in the retail units above the limit were 7.3%, 6.7%, 9.1% and 8% respectively. Online retail, the total retail sales of physical goods online increased 5 trillion and 480 billion yuan, an increase of 28% compared with the same period last year. In the online retail sales of physical commodities, wear commodities increased by 20.3% over the same period.
From the above point of view, China textile industry overall has maintained steady progress, steady development trend of improving quality, operation quality and efficiency improved steadily, to upgrade the effectiveness gradually; two domestic and foreign market sales were up. After a continuous three years of slow growth, China textile and garment market has also rebounded in 2017. Its growth rate has increased by 2.31 percentage points compared with 2016, and increased by 3.01 percentage points compared with that in 2015.
In 2018, the textile and clothing professional market is expected to continue to maintain a steady development momentum, the economic growth rate is expected to be equivalent to 2017. Internationally, the global economy continued to show signs of recovery; domestic, national economy will continue to maintain steady growth, provide health a good economic environment for domestic consumption; the “three” strategy will continue to promote, accelerate and promote the transformation and upgrading of textile and garment enterprises, improve the added value of products; consumption upgrade further, promote the professional market to accelerate the application of new technology, explore a new model and create new advantages, accelerate the completion of a new round of transformation and upgrading.
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