Briefing on the Economic Operation of the Clothing Industry from January to May 2019

Release time:

2019-07-06

According to data from the National Bureau of Statistics, from January to May 2019, enterprises above designated size in the apparel industry completed a total of 9.667 billion pieces of apparel production, a year-on-year decrease of 0.38 percent.

Production:

　　Domestic sales:

According to the National Bureau of Statistics, from January to May 2019, retail sales of consumer goods totaled 16133.2 billion billion yuan, up 8.1 percent year-on-year. Among them, the retail sales of clothing goods per unit above the quota totaled 397.4 billion yuan, up 2.3 percent year on year.

According to the National Bureau of Statistics, online retail sales of physical goods nationwide were 3041.5 billion billion yuan in January-May 2019, up 21.7 percent year-on-year. Among the online retail sales of physical goods, clothing goods increased by 21.2 year-on-year.

　　Export:

According to China Customs Express data, from January to May 2019, China completed a total of $51.277 billion billion in exports of clothing and clothing accessories, down 5.5 percent from the same period last year.

　　Investment:

According to the National Bureau of Statistics, from January to May 2019, the actual completed investment in China's garment industry increased by 3.9 year-on-year.

　　Benefits:

According to data from the National Bureau of Statistics, from January to May 2019, there were 13631 enterprises in the apparel industry above designated size (annual main business income of 20 million yuan and above), with a cumulative operating income of 621.398 billion billion yuan, a year-on-year increase of 2.49 percent; total profits of 30.789 billion billion yuan, year-on-year A decrease of 1.30; operating income profit margin was 4.95, a decrease of 0.19 percentage points from the same period last year. (Source: National Bureau of Statistics, China Customs)

(Source: China Garment Association)

Vietnam already has one of the largest trade surpluses with the US

Return to List

Japanese media analysis: the first anniversary of the trade war between China and the United States who lost big

More information