Henan garment enterprises are relatively optimistic about 2025

The order volume of clothing enterprises in our province in the first half of 2024 shows diverse trends compared with the same period in 2023. Compared with the same period last year, 30.43% of enterprises reported that their order volume remained the same as last year, 18.63% reported an increase of 11%-30%, and 11.18% reported a decrease of less than 10%. In addition, 4.97% of enterprises reported an increase of 31%-50%, and 13.04% reported a decrease of 11%-30%. Overall, the order volume of clothing enterprises in our province in the first half of 2024 showed a relatively stable trend, but a certain proportion of orders also showed increases or decreases.
Nearly half of the enterprises believe that the operating costs in the first half of 2024 remained the same, but 42.86% of the enterprises reported that the operating costs increased. Most enterprises use offline channels for sales, but 40.99% of enterprises also have both offline and e-commerce channels. More than half of the enterprises reported that their operating income in the first half of 2024 remained the same as the same period last year, but some enterprises also experienced different degrees of decline. 62.11% of the enterprises believe that there is a funding gap or financing needs, indicating that some enterprises are facing financial pressure. Rising operating costs, poor overall economic environment, and excessive pressure on employee wages are common challenges faced by enterprises. Enterprises face significant pressure in terms of cash flow, operating costs, loans, and taxes, resulting in a high overall pressure index.
The problems faced by enterprises mainly focus on rising operating costs, employee wages, enterprise rents, taxes, excessive pressure from bank loans, lack of orders, poor overall economic environment and weakening market demand, expansion, and sales difficulties. Among them, the most prominent problems are rising operating costs, employee wages, enterprise rents and taxes, and excessive pressure from bank loans. The second most prominent issues are lack of orders and poor overall economic environment. In addition, problems such as insufficient raw material supply, concerns about timely supply, customer loss, contract breaches, and difficulty in judging the future situation have also received some attention.
The survey questionnaire reflects that enterprises' overall expectations for 2024 are 47.83% average, 35.4% optimistic, and 16.77% pessimistic. This shows that most enterprises believe that the overall performance of enterprises in 2024 will be at a normal level. For the overall expectation in 2025, 49.69% of enterprises are optimistic and believe that there will be growth; 37.27% believe that it will be the same as this year; and 13.04% hold a downward attitude. This shows that most enterprises expect overall growth or stability in 2025.

previous：

Cotton fabric exports fell sharply in September 2024

next：

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

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.

Details

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.

Details

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.

Details

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.

Details

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

Sorry，当前栏目暂无内容!

您可以查看其他栏目或返回 首页

Sorry，The current column has no content!

You can view other columns or return Home