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Economic Operation Of China'S Garment Industry From January To October 2020

2020/12/7 9:21:00 0

China'S Clothing Industry Economy

In October, the economic operation of China's clothing industry continued to recover steadily, the domestic and export markets continued to warm up, the decline of the main economic indicators of production, investment and efficiency was further narrowed, the quality of industrial operation was continuously improved, and the production and operation situation of enterprises was gradually improved. Although the spread of new crown pneumonia in Europe and the United States and other countries caused a second impact, delayed the recovery of international market demand, and the pressure of the recovery of clothing exports again faced with uncertainty, but the domestic market accelerated the recovery and foreign orders returned, the trend of stable recovery of the clothing industry will be further consolidated.


production

According to the data of the National Bureau of statistics, from January to October 2020, enterprises above Designated Size in the garment industry have completed a total of 17.818 billion pieces of clothing, a year-on-year decrease of 8.38%, 2.15 percentage points lower than that of the previous month.


for the domestic market

According to the data of the National Bureau of statistics, from January to October 2020, China's total retail sales of consumer goods amounted to 31190.1 billion yuan, a year-on-year decrease of 5.9%, 1.3 percentage points narrower than that of the previous month. Among them, the total retail sales of clothing commodities of units above the quota reached 664.2 billion yuan, down 11.2% year-on-year, 3.0 percentage points lower than that of the previous month.

According to the data of the National Bureau of statistics, from January to October 2020, online retail sales of physical goods reached 7561.9 billion yuan, up 16.0% year-on-year. Among them, online retail sales of wearing goods increased by 5.6% year-on-year, 2.3 percentage points faster than that of the previous month.


exit

According to the data of China Customs express, from January to October 2020, China's total exports of clothing and accessories reached US $111.017 billion, a year-on-year decrease of 8.6% and a decrease of 1.7% compared with the previous month.


investment

According to the data of the National Bureau of statistics, from January to October 2020, the actual completed investment of China's clothing industry decreased by 31.6% year-on-year, 1.1 percentage points lower than that of the previous month.


benefit

According to the data of the National Bureau of statistics, from January to October 2020, there are 13236 Enterprises above the designated size (annual main business income of 20 million yuan and above) in the clothing industry, with a cumulative operating income of 1074.241 billion yuan, a year-on-year decrease of 12.85%, and a decrease of 0.61 percentage points compared with the previous month; the total profit was 49.073 billion yuan, with a year-on-year decrease of 21.33%, and a decrease of 1.60 percentage points compared with that of the previous month; and the operating income profit was also reduced The rate was 4.57%, down 0.49 percentage points over the same period last year.



Source: National Bureau of statistics, China Customs




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