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Domestic demand market in China's apparel industry is picking up

Release time:2020-10-16 Source:Dongguan pinkun Technology Co., Ltd

From January to August 2020, a briefing on the economic operation of China's apparel industry was released. This briefing report is based on a comprehensive analysis of relevant data from the National Bureau of Statistics and China Customs, to extract brief data and operating trends related to the apparel industry.



With the effective control of the domestic epidemic and the gradual recovery of international market demand, the domestic demand market of my country's apparel industry has recovered significantly, and apparel exports have improved. In August, the growth rate of retail sales of apparel products and apparel and clothing accessories exports of units above designated size changed for the first time this year. As a positive growth, major economic indicators such as production, investment, and efficiency continue to show positive changes, and the industry has maintained a stable recovery trend. However, the current changes in industry operation are only recovering growth. The cumulative growth rate of major economic indicators is still in a decreasing range. In addition, the overseas epidemic is still spreading, the domestic and foreign development environment is complex and changeable, and there are many uncertain factors. my country's apparel industry continues to recover. Still facing certain pressure.



  ▌Production:

   According to data from the National Bureau of Statistics, from January to August 2020, enterprises above designated size in the clothing industry completed a total of 13.481 billion pieces of clothing, a year-on-year decrease of 11.95%, and a decrease of 1.47 percentage points from the previous month.

  ▌Domestic sales:

According to data from the National Bureau of Statistics, from January to August 2020, the online retail sales of physical goods was 5,865.1 billion yuan, a year-on-year increase of 15.8%. Among them, the online retail sales of clothing products resumed positive growth, with an increase of 1.1%, an increase of 2 more than the previous month percentage point.

  ▌Exit:

According to China Customs Express data, from January to August 2020, my country’s cumulative exports of clothing and clothing accessories totaled US$82.609 billion, a year-on-year decrease of 12.9%, and the rate of decline narrowed 3.7 percentage points from the previous month. The amount changed from negative to positive for the first time during the year, an increase of 3.23% year-on-year.

  ▌ Investment:

  According to data from the National Bureau of Statistics, from January to August 2020, the actual investment in my country's apparel industry fell by 34.2% year-on-year, and the rate of decline was 2.4 percentage points lower than the previous month.

  ▌Benefit:

According to data from the National Bureau of Statistics, from January to August 2020, there will be 13,168 enterprises above the designated size (annual main business income of 20 million yuan and above) in the apparel industry, with a cumulative operating income of 819.90 billion yuan, a year-on-year decrease of 14.36%, a decrease from the previous month Narrowed by 0.65 percentage points; total profit was 35.075 billion yuan, down 25.63% year-on-year, and the rate of decline narrowed by 0.65 percentage points from the previous month; operating income margin was 4.28%, down 0.65 percentage points from the same period last year.




Dongguan Pinkun Technology Co., Ltd. is a subsidiary of Dongguan Pinkun Textile Co., Ltd. Founded in 2012, it is engaged in textiles, protective equipment, police equipment, clothing, shoes, luggage, handbags, gloves, helmets, etc. It integrates R&D, design, production, and sales, and can provide customers with a variety of raw materials and finished products. enterprise.




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086-0769-89800968

http://www.pktex.cn

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Dongguan City, Guangdong Province, China


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