The textile industry achieved a stable start in the first quarter of 2025!
The textile industry achieved a stable start in the first quarter of 2025!
The industry continues its growth momentum. From January to March, the industrial added value of large-scale textile enterprises increased by 5.3% year-on-year, and the operating income was 1,101.6 billion yuan, increasing by 1.0% year-on-year. The total profit was 27.6 billion yuan, a year-on-year decrease of 0.3%. The output of yarn, fabric, chemical fiber and garment by enterprises above designated size increased by 8.1%, 3.5%, 6.5% and 1.8% respectively year-on-year.
The growth of market retail sales has accelerated. From January to March, the total retail sales of consumer goods by units above the designated size across the country reached 4,921.6 billion yuan, increasing by 5.7% year-on-year. Among them, the retail sales of clothing, shoes, hats and needle and textile products by units above the designated size rose by 3.4% year-on-year, while the retail sales of physical goods worn online decreased by 0.1% year-on-year.
Foreign trade has demonstrated good resilience. From January to March, China's cumulative exports of textiles and garments reached 66.3 billion US dollars, up 1% year-on-year. Among them, textile exports were 33.3 billion US dollars, up 4% year-on-year, while garment exports were 33 billion US dollars, down 1.9% year-on-year.