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The economic operation of China's textile industry started basically steadily in the first quarter!
In the first quarter of this year, as the synergy effect of the country's existing and incremental policies continued to strengthen, the main economic operation indicators of China's textile industry, such as production, domestic sales and investment, achieved growth. The export data performed better than expected, and the economic operation started basically steadily.
Statistics show that in the first quarter, the capacity utilization rates of China's textile industry and chemical fiber industry were 77.8% and 86.3% respectively, both higher than the national industrial capacity utilization rate of 74.1% during the same period. The industrial added value of textile enterprises above designated size across the country increased by 5.3% year-on-year, with the growth rate rising by 0.4 percentage points compared with the same period of the previous year.
Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the development, production and sales of polypropylene fiber. Guangdong Modern High-tech Fiber Co., Ltd. has advanced production and research and development equipment, perfect process flow, scientific management framework, and a high-quality technical team, which is recognized as a national high-tech enterprise.
