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Tuesday, 13 September 2022 05:46

Chinese textiles up four per cent

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China’s textile industry posted stable revenue growth of four per cent in the first seven months of the year.

The total value-added output of these companies rose 0.3 percent year-on-year during the period. Combined sales of primary retailers were up one percent from a year earlier.The country’s garment exports increased 12 percent year-on-year.

China’s exports of textiles, apparel and clothing accessories increased by 17 per cent in the first seven months of 2022.Garments and clothing accessories exports in the first seven months were 18 per cent higher than in the same period of last year. China’s textile exports grew 16 per cent year-on-year in January to July 2022. Of this, the export of textile yarn increased by 19 per cent, fabrics by 20.2 per cent and textile products by 11 per cent. Viewed from the proportion of major products exported, knitted garments made of chemical fiber took the largest part, and cotton knitted garments came second, followed by woven fabrics made of chemical fibers and other fabrics. From January to July, the share of fabric exports was rather large, accounting for about 23 per cent of total textile and apparel exports.China’s exports of textile and apparel made of chemical fibers performed better than cotton goods.