China Textile City: Good Spring And Summer Knitted Fabrics

China Textile Industry Federation on the 18th release information shows that the first four months of this year, China's textile and garment exports from the negative positive, which is China's textile exports for 22 consecutive months since the first positive growth.

According to the National Textile and Apparel Export Express show that from January to April China's total exports of textiles and clothing 764.9 billion US dollars, an increase of 2.1%, the growth rate over the same period last year increased by 4.9 percentage points. According to the International Monetary Fund forecast, 2017 global economic growth forecast of 3.5%, higher than 2016, which also indicates that the second quarter trade growth will continue to pick up. In addition, China Textile Association said that China's textile industry on the "one side along the way" along the 65 countries accounted for 30% of exports, with the area along the way to the substantive advance, which will be China's textile exports growth into new impetus.

In addition, the overall efficiency of the textile industry has also improved significantly in the first quarter, above-scale textile enterprises to achieve the main business income of 16766.5 billion yuan, an increase of 9.2% growth rate over the same period last year increased by 4.1 percentage points; total profit of 86.44 billion Yuan, an increase of 13.2%, the growth rate over the same period last year increased by 6.7 percentage points.