China's textile industry's industrial added value increased 3.1% year-on-year in January-June: Chinese report

According to the Ministry of Industry and Information Technology, China's textile industry has shown stable development overall. The effects of macro policies such as national consumption promotion have been sustained, and domestic demand for textiles and clothing has grown steadily.
Foreign trade also showed resilience. From January to June, the industrial added value of textile enterprises of a certain size (annual main operating revenue of 20 million yen or more) increased by 3.1% compared to the same period last year.
Operating revenue decreased 3.0% to 2.2716 trillion yen (approximately 46.5 trillion yen), and total profits decreased 9.4% to 67.2 billion yen (approximately 1.4 trillion yen).
Production volumes for spun yarn increased by 5.0%, chemical fibers by 4.9%, clothing by 0.3%, and fabrics remained flat.
During the same period, the total retail sales of consumer goods at establishments with annual sales of over the national limit (20 million yen (approximately 400 million yen) for wholesale and 5 million yen (approximately 100 million yen) for retail) was 9,921.9 billion yen.
Former (approximately JPY 203.2 trillion), up 6.1% from the same period last year. Of this, retail sales of clothing, shoes, hats and textiles increased 3.1%, and online retail sales of clothing increased 1.4%.
China's cumulative exports of textiles and clothing from January to June increased 0.8% to $144 billion (approximately 21.3 trillion yen). Of this, textile products decreased 0.2% to $73.5 billion (approximately 10.6 trillion yen).
It was.