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Brief Analysis of Economic Operation of Industrial Textile Industry in the First Half of 2019

In the first half of 2019, China's economy is facing a complex development environment, with external trade protectionism and unilateralism headwinds, internal structural and cyclical contradictions highlighted, transformation and upgrading climbing over the hurdle, and increasing downward pressure on the economy. The industrial textile industry has overcome various unfavorable factors and maintained a stable operation. The industrial added value increased by 7.6. The main business income and total profits of enterprises above designated size increased by 6.32 and 1.49 respectively. The growth rate of the three indicators was basically the same as that of the same period last year. According to the survey of China Industrial Textile Industry Association, the prosperity index of member enterprises in the first half of the year was 69.5, which was the same as that of last year.

2019-08-15

Fashion, functional sports products are more popular in the Chinese market

In 2015, my country's sportswear industry began to stabilize. By 2017, it has basically adjusted in place. The number of stores of major leading companies has begun to pick up, and the scale growth rate has also increased year by year. This can be seen from the growth trend of retail sales in my country's sportswear industry from 2013 to 2018. However, even if the scale growth rate maintains a year-on-year growth trend, from the perspective of the market share of each brand, the largest contribution to this phenomenon is still foreign brands, and the market share of foreign brands has been increasing year by year in recent years. And domestic sports brands want to catch up, still need to strengthen product research and development investment, strengthen the application of science and technology, while brand building, in the product.

2019-08-14

In the first half of 2019, the national online retail sales increased by 17.8

On August 8, when introducing the development of the national online retail market in the first half of 2019, the person in charge of the e-commerce department said that in the first half of 2019, my country's online retail market maintained rapid growth, and the national online retail sales reached 4.82 trillion billion yuan, a year-on-year increase of 17.8 percent. An increase of 2.5 percentage points in the first quarter. Among them, the online retail sales of physical goods were 3.82 trillion billion yuan, an increase of 21.6 percent, accounting for 19.6 percent of the total retail sales of consumer goods, an increase of 1.4 percentage points over the first quarter, and the contribution rate to the growth of social zero elimination reached 44.8 percent, an increase of 3.6 percentage points over the first quarter. in stimulating demand potential,

2019-08-14

National Textile Exports Grow More Than 13% in RMB in July

According to the General Administration of Customs Statistics Express, from January to July this year, the country's total exports of textiles and clothing totaled US $151.74 billion billion, a year-on-year decrease of 1.52 percent (a year-on-year increase of 4.54 percent in RMB), and the growth rate rebounded by 0.85 percentage points from the first half of the year. Among them, the cumulative export value of textiles was 69.38 billion US dollars, up 1.47 percent year-on-year (7.69 percent year-on-year growth in RMB terms), and the cumulative export value of clothing was 82.36 billion US dollars, down 3.91 percent year-on-year (2.03 percent year-on-year growth in RMB terms). In the first seven months of this year, the year-on-year growth rate of China's textile and clothing exports was higher than that in the first half of the year.

2019-08-13

It's packed! Hong He Sweater New Retail Thousand-Person Training Plan First Training Class Officially Opens

CTEI Network News in the Internet, Internet of Things, big data, intelligent as the support of the new economy, in the full channel, Internet of Things, social circles and other emerging business play deepening of the present, the textile and garment industry how not to be eliminated by the market, how to use new things to strengthen customer viscosity, broaden the market sales?

2019-08-12

Vietnam's textile and clothing investment has plummeted. Which link has gone wrong?

In recent years, although Vietnam's economy has maintained rapid growth, Vietnam's overall capacity to undertake is still relatively limited at this stage. Vietnam has always been a key area for the transfer of international textile and apparel production capacity. However, some companies cannot even grab factories in Vietnam. Vietnam's production lines are at full capacity. Some companies shout: Investing in Vietnam is not once and for all. It is understood that many companies are already considering stopping their expansion in Vietnam or even relocating from here.

2019-08-09

There are only 20 days left for you to ship! U.S. Releases Exclusion List of Tariffs

On August 7, 2019, the U.S. Trade Negotiations Office (USTR) announced the product exclusion announcement under the list of goods subject to tariffs of $200 billion. This exclusion involves 10 products and 15 applications. The validity period can be traced back to September 24, 2018, the effective date of the US $200 billion list, and August 7, 2020, one year after the publication of this announcement. The deadline for this product exclusion application is September 30, and enterprises can still apply for product exclusion.

2019-08-09

The United States intends to upgrade economic and trade frictions, China's economy is not afraid of pressure

In the past two days, the United States has launched a "continuous fire model" and introduced a number of measures to undermine Sino-US trade and financial cooperation, including: on the morning of August 2, Beijing time, the United States announced that it would impose a 10% tariff on US $300 billion Chinese exports to the United States from September 1; on the morning of August 6, Beijing time, the United States falsely called China a currency manipulator. As a result, both the U.S. and Chinese stock markets fell sharply.

2019-08-08

Mixed Supervision of Global Industrial Chain and Labor Relations in Textile and Garment Industry

The labor-intensive characteristics of the textile and garment industry determine that its development is highly dependent on labor costs. After World War II, Asian countries promoted the development of the textile and garment industry through the development of export-oriented economy. The production focus of the world textile and garment industry shifted from Europe and the United States to Asia, forming a global industrial chain.

2019-08-07

Sino-US Trade and Cotton Textile Market (7.29-8.2)

From July 29 to August 1, the domestic and foreign futures markets operated more smoothly than last week. However, everything was "tranquility before the storm". The last trading day of this week ushered in a big price dive. Cotton and cotton yarn futures varieties fell one after another, with a real-time maximum drop of nearly 4%. On August 1, local time, the three major stock indexes of the New York stock market fell. As of the close of the day, the Dow Jones Industrial Average was down 1.05 percent, the Standard & Poor's 500 stock index was down 0.90 percent, and the Nasdaq Composite Index was down 0.79 percent.

2019-08-07