the xinjiang cotton storm brings the uncertainty of the factors, promote the project in January of this year
Due to the epidemic, India's textile orders are gradually shifting to China
The new cotton sowing is near the end, the influence of weather speculation is weakened.Cotton market shock is expected to weaken in the short term.
The Ministry of Economy and Finance of Madagascan, Directorate General of Customs and Directorate General of Taxation, updated the annual tariff in accordance with the Annual Finance Act and the amendments to the Finance Act, respectively
The textile industry is a traditional leading and pillar industry in China. It is one of the industries with the best growth, fastest growth and most perfect development in the international market. At present, China has become the largest textile production country in the world.
In recent years, a series of policies have been issued to promote the development of the industry.
In 2021, the textile industry persisted in deepening transformation and upgrading and made efforts to defuse the risk impact caused by the epidemic. The decline of major operating indicators continued to reduce, the economic operation situation recovered steadily, and the export trade achieved an unexpected growth driven by epidemic prevention materials.
The export situation of textile industry is grim.Due to the impact of COVID-19 and the global economic downturn, China's textile industry is facing a more severe internal and external situation .
In 2021, the overall prosperity of the textile industry keeps expanding, and the capacity utilization rate increases quarter by quarter .With the gradual recovery of domestic and foreign market demand, as well as the significant effect of large-scale national tax and fee reduction policies and measures, the economic benefits of textile enterprises, after experiencing a sharp decline in the beginning of 2020, will show a trend of steady repair and quarterly improvement in 2021.