China's textile and apparel exports both declined in the first eight months of the year

Affected by persistently high inflation and increased inventories in major export markets such as the US and Europe, China's textile and apparel exports in August saw a slowdown in growth compared to the previous period, with a year-on-year decrease and a month-on-month decline. According to the latest data released by the General Administration of Customs on September 7, in US dollar terms, textile and apparel exports in August increased by only 2.9% year-on-year and decreased by 6.8% month-on-month. Cumulative exports from January to August still maintained a relatively rapid growth of 11%.
 
Textile and apparel exports in RMB terms: From January to August 2022, cumulative textile and apparel exports totaled 1437.79 billion yuan, an increase of 11.9% year-on-year (same as below). Textile exports reached 665.6 billion yuan, an increase of 10.8%, while apparel exports reached 772.19 billion yuan, an increase of 12.8%.
In August, textile and apparel exports reached 208.99 billion yuan, an increase of 7.3%, and a month-on-month decrease of 6.8%. Textile exports reached 84.27 billion yuan, an increase of 4.1%, and a month-on-month decrease of 8%. Apparel exports reached 124.72 billion yuan, an increase of 9.6%, and a month-on-month decrease of 5.9%.
 
Textile and apparel exports in US dollar terms: From January to August 2022, cumulative textile and apparel exports totaled US$220.3 billion, an increase of 11%. Textile exports reached US$102.27 billion, an increase of 10.2%, while apparel exports reached US$118.03 billion, an increase of 11.6%.
In August, textile and apparel exports reached US$30.976 billion, an increase of 2.9% and a month-on-month decrease of 6.8%. Textile exports reached US$12.49 billion, a decrease of 0.2%, and a month-on-month decrease of 8%. Apparel exports reached US$18.486 billion, an increase of 5.1%, and a month-on-month decrease of 5.9%.

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Brief Analysis of the Economic Operation of the Printing and Dyeing Industry from January to September 2022

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Brief Report on the Operation of China's Home Textile Industry from January to June

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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