China'S Textile And Garment Exports Resumed Growth In October
According to RMB, from January to October, China's textile and apparel exports totaled 1 trillion and 543 billion 480 million yuan, an increase of 2.4% over the same period last year. Among them, the export of textiles was 681 billion 70 million yuan, an increase of 5.5% over the same period last year, and clothing exports were 862 billion 410 million yuan, unchanged from the same period last year.
The 8 China Textile Import and Export Chamber issued the "October 2019 national textile and clothing export bulletin" on October. According to the RMB, the overall export of China's textile and clothing resumed growth under the impetus of textiles.
Since 2019, the demand for international market is insufficient, trade protectionism has intensified, and global market competition has become increasingly fierce.
In October, China's textile and clothing exports amounted to 161 billion 550 million yuan, up 1.2% over the same period last year. Among them, the export of textiles was 71 billion 730 million yuan, an increase of 7.3% over the same period last year, and clothing exports were 89 billion 820 million yuan, down 3.2% from the same period last year.
According to RMB, from January to October, China's textile and apparel exports totaled 1 trillion and 543 billion 480 million yuan, an increase of 2.4% over the same period last year. Among them, the export of textiles was 681 billion 70 million yuan, an increase of 5.5% over the same period last year, and clothing exports were 862 billion 410 million yuan, unchanged from the same period last year.
Industry experts say that the current Chinese textile and garment industry is actively promoting the strategic layout of globalization, looking for global value chain depressions, adapting to the new change of orders in the international market, and gradually appearing in the global production supply chain with the new attitude of organizers and managers. (end)
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