In the first quarter of 2022, the economic operation of my country's textile industry is gradually under pressure

  The industry's prosperity fell into the contraction range, and the production growth rate was steady and slowing down
In the first quarter, the combination of multiple domestic epidemics and international geopolitical instability affected the production and operation activities of textile enterprises to a certain extent, and the industry's prosperity fell into a contraction range. According to the survey data of China National Textile and Apparel Council, in the first quarter of 2022, the prosperity index of the textile industry was only 42.6, down 14.5 and 19.7 percentage points from the same period last year and the fourth quarter of 2021, respectively.
  The domestic sales market fluctuated slightly, and the export scale hit a new high in the same period
Under the joint support of factors such as the continuous recovery of overseas market demand, the force of the country's "stabilizing foreign trade" policy, and the rise in international bulk commodity prices, my country's textile and apparel exports have achieved good growth. According to China's customs data, in the first quarter, my country's textile and apparel exports reached 72.25 billion US dollars, an increase of 11% year on year, and the export scale reached the highest level in the same period of the previous year. With the gradual recovery of the textile supply chain in Southeast Asia and other countries, the demand for yarn and fabric related accessories has rebounded significantly. my country's textile exports have reached a new high of US$36.57 billion in the same period, an increase of 15.1% year-on-year. The terminal demand in the international market is basically stable. In the first quarter, my country's clothing exports reached 35.68 billion US dollars, a year-on-year increase of 7.4%. The implementation of the Regional Comprehensive Economic Partnership (RCEP) has provided a new competitiveness display platform for my country's textile industry chain. In the first quarter, my country's textile and apparel exports to the other 14 member countries of RCEP totaled 21.4 billion US dollars, a year-on-year increase of 12.3% , accounting for 29.6% of my country's total exports of textiles and clothing to the world in the same period.
  The textile industry will continue to actively implement the decisions and deployments of the Party Central Committee and the State Council. In accordance with the requirements of the Central Economic Work Conference, it will continue to adhere to the general work tone of "steady words at the head and seek progress while maintaining stability", and steadily release the development resilience accumulated by years of in-depth adjustment and transformation. Continuously activate the potential of high-quality development, and continue to give full play to the positive role of the industry in ensuring production supply, stimulating domestic demand, and improving employment and income.