In 2023, the total profit of the textile industry increased by 7.2 year-on-year!

The operation of the textile industry from January to December 2023. Data show that the total profit of the textile industry in 2023 increased by 7.2. The details are as follows:

In 2023, the total profit of the textile industry increased by 7.2. In 2023, the industrial added value of textile enterprises above designated size fell by 1.2 year-on-year, operating income was 4700.9 billion billion yuan, a year-on-year decrease of 0.8; total profits were 180.2 billion billion yuan, a year-on-year increase of 7.2. The output of yarn, cloth and clothing of enterprises above designated size decreased by 2.2, 4.8 and 8.7 respectively, while the output of chemical fiber increased by 10.3.

The total retail sales of consumer goods per unit above designated size nationwide was 17856.3 billion billion yuan, an increase of 6.5 percent over the same period last year. Among them, the retail sales of clothing, shoes, hats, and knitwear products per unit above designated size increased by 12.9 percent year-on-year, and the retail sales of physical goods online wear goods increased by 10.8 percent year-on-year.

In 2023, China's textile and clothing exports totaled 293.6 billion US dollars, down 8.1 percent from the same period last year, of which exports in December were 25.3 billion US dollars, up 2.6 percent from the same period last year, resuming positive monthly growth.