From January to July 2024, European and American imports of home textiles from China have shown growth.

From January to July, the US imported $9.9 billion worth of home textiles, a year-on-year increase of 7.7%. Imports from China increased by 12.7%, accounting for 42.8% of the total, a rise of 1.9 percentage points. Imports from India and Pakistan increased by 5.4% and 1.6%, respectively.
From January to July, the EU imported $5.65 billion worth of home textiles, a year-on-year decrease of 0.1%. Imports from China increased by 1.5%, accounting for 34.1% of the total, a slight increase of 0.5 percentage points. Imports from Pakistan increased by 1.8%, while imports from Turkey decreased by 8.9%.
From January to July, Japan imported $1.64 billion worth of home textiles, a year-on-year decrease of 7.5%. Imports from China decreased by 8.6%, accounting for 73% of the total, a decrease of 0.8 percentage points. Imports from Vietnam decreased by 6.1%, while imports from India surged by 23.2%.
The US market accounts for a large share of our home textile exports and is an important force in stabilizing the overall scale and steady growth of our home textile exports. According to US retail data for August, sales of furniture and home goods stores decreased by 0.7% year-on-year and 0.7% month-on-month; sales of general merchandise stores (including department stores) increased by 2.1% year-on-year and decreased by 0.3% month-on-month. We should not be overly optimistic about future market demand for home textiles. Furthermore, looking at the situation in the EU and Japan, retail trade in the euro area increased by 0.1% month-on-month after seasonal adjustment, and the EU increased by 0.2%. In June, retail trade in the euro area and the EU both decreased by 0.4% month-on-month. In August, Japan's textile and apparel retail sales increased by 10.9% year-on-year. However, except for a 4.7% increase in June, other months saw declines of varying degrees.
Looking ahead, on the one hand, traditional developed markets are huge, driving steady growth in China's home textile exports; on the other hand, in global home textile trade, Central Asia and Latin America, as emerging import markets, have shown great market potential. While maintaining stability in traditional markets, Chinese home textile companies need to meet the specific needs of these emerging niche markets through precise market positioning and product adjustments.

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China's exports of yarn and fabrics to ASEAN from January to August 2024 decreased.

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China's home textile exports grew year-on-year from January to August 2024

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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