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The first half of this year, China's textile industry growth rate leveled off The first half of this year, China

In June this year, China's textile industry over the scale of the main business revenue grew by nearly 5%, total profit increased by 6.3%, the growth rate leveled off.
Reporters on the 12th from the China Textile Industry Association was informed that the first six months, China's textile industry growth momentum in domestic and foreign markets were significantly less, Chinese textile enterprises operating pressure still exists. But at the same time, the entire industries to accelerate the pace of transformation and upgrading under the guidance of their marketing effectiveness and other major economic indicators have achieved growth.

China's textile industry

It is a direct result of the analysis, the current growth rate of China's textile industry leveled off sluggish market demand at home and abroad, industry competition, resource and environmental constraints increase, rising cost of production factors and other unfavorable factors, but the deeper reason is that China's textile industry before the high growth in the supply side of the formation and accumulation of structural and institutional problems. At present, China's textile industry is actively solve these problems of development, accelerate the transformation and upgrading, while deepening management innovation
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