Man-made fiber industry stands way upfront in the supply chain and its rise and fall considerably depends on the midstream and downstream production that is subject to the consumption market after all. China’s retails in January and February fell by 30.9% in shop sales for the category of garment,
In 2020, a sudden COVID-19 outbreak forced global economic activity to press the “pause key”. Although the situation of China’s prevention and control is further improved, the spread of the pandemic worldwide has made the international prevention and control situation particularly seve
Recently, the Joint Prevention and Control Mechanism of the State Council held a press conference on the orderly progress of private enterprises and SMEs in resuming production. At the meeting, Xu Kemin, director of the Industrial Policy and Regulation Department of the Ministry of Industry and In
According to the latest statistics released by the customs, the total value of China’s imports and exports of goods in the first quarter was 6.57 trillion yuan, a decrease of 6.4% over the same period last year. Among them, exports were 3.33 trillion yuan, down 11.4%. The pandemic disrupted the rh
According to the statistics of the Ministry of Commerce, as of April 10, the capacity resumption rate of over 76% of key foreign trade enterprises in China has exceeded 70%. Under the pandemic situation, knitting foreign trade enterprises, whose orders are delayed and whose business is trapped, ar
On the morning of April 22, 2020, China National Garment Association (CNGA)posted a news briefing for issuing an incoming publication of [[Development Report of China Garment Industry 2019-2020]], from which, the economic performance since March shows obvious recovery of production at a fast r