The operation of the textile industry from January to October 2023!

From January to October, the industrial added value of textile enterprises above designated size decreased by 1.9% year-on-year, and the operating income was 3,792 billion yuan, down 2.5% year-on-year; Total profit was 119.9 billion yuan, down 5.5% year-on-year. The output of yarn, cloth and clothing of enterprises above designated size decreased by 1.2%, 4.2% and 10.1%, respectively, while the output of chemical fiber increased by 8.8%.

From January to October, the total retail sales of consumer goods by units above designated size in China reached 14,474.2 billion yuan, an increase of 6.1% over the same period last year. Among them, the retail sales of clothing, shoes, hats and textile products by units above designated size increased by 10.2% over the same period last year, and the retail sales of physical goods worn online increased by 7.6% over the same period last year.

From January to October, China's cumulative textile and apparel exports were 245.7 billion US dollars, down 9.2% year-on-year, of which exports in October were 23 billion US dollars, down 4.8% year-on-year.