The prosperity of the textile industry has rebounded significantly

    In the second quarter, the prosperity of the textile industry rebounded significantly, and the recovery of production capacity utilization was accelerated. In the first half of the year, the textile industry focused on resolving the adverse effects of the epidemic, continuously improving development resilience and anti-risk capabilities, and some economic performance indicators showed signs of recovery. However, the global epidemic is still spreading and the prospects are highly uncertain. The impact on the operation of the global supply chain and economic operation will continue to evolve. In the second half of the year, the textile industry still faces many external risks and challenges, and the pressure to maintain stable operations throughout the year is still relatively high.

     Under difficult circumstances, the textile industry still has positive factors to achieve a steady recovery. The steady recovery of my country's macro economy has demonstrated strong resilience to the impact of the epidemic, and its advantages in terms of complete industrial system, complete infrastructure, and a strong domestic demand market have become more prominent. During the epidemic, continuous innovation in manufacturing models, industrial chain operation models, and business formats promoted the steady recovery of production and the improvement of the consumer market, providing a new foothold for the steady recovery of various industries. On the other hand, the effects of various macro policies issued by the state focusing on helping companies relieve difficulties, guaranteeing employment, and safeguarding basic people's livelihood will continue to exert force, providing an important guarantee for the gradual smoothing of the economic cycle and the return of the economy to normal tracks.

     Since the first quarter, with the liberalization of residents' travel and consumption activities, the domestic textile and apparel market has gradually recovered. According to China Customs data, in the first half of the year, my country's textile and apparel exports amounted to 130.8 billion U.S. dollars, a year-on-year increase of 1.9%, realizing the first export growth rate since 2020 from negative to positive. Due to the severe international epidemic prevention and control situation, my country's export of masks and other epidemic prevention materials to Europe and the United States has expanded. From January to May, the export value of textiles increased by 24.8% year-on-year, reaching 77.16 billion U.S. dollars, accounting for 59% of total textile and apparel exports. . The pressure on clothing exports is still outstanding. From January to May, the export value was US$53.64 billion, down 19.4% year-on-year. The export market of the textile industry is differentiated, and exports to the three traditional markets of the United States, Japan and the European Union have improved significantly. From January to May, the export value of textiles and apparel increased by 4.2%, 15.1% and 41.1% year-on-year, and the growth rate was 4.9% higher than the same period last year. , 19.8 and 45.3 percentage points; due to sluggish consumption in the international terminal market, emerging export markets such as Southeast Asia, Africa and other emerging export markets have reduced demand for intermediate products in the industrial chain. 1-5 my country’s textile and apparel exports to countries along the “Belt and Road” fell 12.2% year-on-year.

     The textile industry will implement the decisions and deployments of the Party Central Committee and the State Council, fully recognize the breadth, complexity and continuity of the impact of the epidemic, continue to deepen the supply-side structural reforms, accelerate the transformation and upgrading of the industry, and continue to play the role of the textile industry in ensuring supply in the industrial chain. The important role of people’s livelihood in terms of chain stability, employment protection of residents, and maintenance of social stability, strive to overcome downward risk pressure, maintain basic economic operation, and implement the "six stability" and "six guarantees" tasks to fully complete the national economy in 2021 Make due contributions to development tasks, to achieve decisive victory in building a well-off society in an all-round way, and to fight decisively against poverty.