Intertextile | Ministry of Industry and Information Technology: 1~10 months above the designated size of textile enterprises industrial added value increased by 4.4% year-on-year

Intertextile | Ministry of Industry and Information Technology: 1~10 months above the designated size of textile enterprises industrial added value increased by 4.4% year-on-year

The website of the Ministry of Industry and Information Technology released the

operation of the textile industry from January to October 2024. The production situation

has grown steadily, and the level of efficiency has been continuously improved. From

January to October, the industrial added value of textile enterprises above designated

size increased by 4.4% year-on-year, and the operating income was 4,012.11 billion yuan,

a year-on-year increase of 4.4%; The total profit was 133.14 billion yuan, a year-on-year

increase of 9.7%. The yarn output of textile enterprises above designated size decreased

by 0.9% year-on-year, and the output of cloth, clothing and chemical fiber increased by

2.0%, 4.4% and 9.1% year-on-year respectively.

The consumer market continues to heat up, and the retail sales of goods are growing

well. From January to October, the total retail sales of consumer goods of units above

designated size 155131 billion yuan, a year-on-year increase of 2.7%, of which the retail

sales of clothing, shoes and hats, knitted textiles of units above designated size increased

by 1.1% year-on-year, and the retail sales of online clothing of physical goods increased

by 4.7% year-on-year.