Textile and apparel industry saw a month-on-month decline from January to November 2022

According to the latest data from the General Administration of Customs, in US dollar terms, textile and apparel exports from January to November totaled US\$297.63 billion, nearing the US\$300 billion mark, impacted by factors such as inventory buildup and reduced orders in major markets. The month-on-month decline in November narrowed; textile and apparel exports in November reached US\$24.39 billion, a 2.5% decrease month-on-month, significantly lower than the 10.8% decrease in the previous month.
Textile and apparel exports in RMB terms: From January to November 2022, cumulative textile and apparel exports reached 1973.63 billion RMB, a 7.0% increase year-on-year (same as below). This includes textile exports of 905.83 billion RMB, a 6.9% increase, and apparel exports of 1067.8 billion RMB, a 7.0% increase.
In November, textile and apparel exports reached 172.94 billion RMB, a decrease of 5.9%, and a 0.3% month-on-month decrease. This includes textile exports of 79.88 billion RMB, a decrease of 6.0%, and a 1.4% month-on-month increase, and apparel exports of 93.06 billion RMB, a decrease of 5.9%, and a 1.7% month-on-month decrease.
Textile and apparel exports in US dollar terms: From January to November 2022, cumulative textile and apparel exports reached US\$297.63 billion, a 4.3% increase. This includes textile exports of US\$136.93 billion, a 4.6% increase, and apparel exports of US\$160.7 billion, a 4.1% increase.
In November, textile and apparel exports reached US\$24.39 billion, a decrease of 14.9%, and a 2.5% month-on-month decrease. This includes textile exports of US\$11.27 billion, a decrease of 14.9%, and a 0.9% month-on-month decrease, and apparel exports of US\$13.12 billion, a decrease of 14.9%, and a 3.9% month-on-month decrease.

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In November, the decline in domestic sales of clothing in China was significant.

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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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