Clothing production in January-November 2024 showed year-on-year growth

According to the National Bureau of Statistics, from January to November 2024, the industrial added value of large-scale enterprises in China's clothing industry increased by 0.7% year-on-year, 0.2 percentage points faster than in the January-October period. The output of clothing by large-scale enterprises reached 18.569 billion pieces, a year-on-year increase of 3.94%, 0.48 percentage points slower than in the January-October period.
According to the National Bureau of Statistics, from January to November 2024, the total retail sales of consumer goods in China reached 44,272.3 billion yuan, a year-on-year increase of 3.5%, the same as in the January-October period. Among them, the cumulative retail sales of clothing from above-limit units reached 9,493.0 billion yuan, the same as the same period last year, a decrease of 0.6 percentage points compared with the January-October period. In November, the retail sales of clothing from above-limit units decreased by 4.5% year-on-year, a decrease of 11.7 percentage points compared with October.
According to the National Bureau of Statistics, from January to November 2024, the online retail sales of physical goods reached 11,805.86 billion yuan, a year-on-year increase of 6.8%. Among them, the online retail sales of clothing increased by 2.8% year-on-year, 1.9 percentage points slower than in the January-October period.
According to data from China Customs, from January to November 2024, China's cumulative exports of clothing and clothing accessories reached US\$144.22 billion, a year-on-year decrease of 0.2%, a decrease of 0.5 percentage points compared with the January-October period. In November, clothing exports amounted to US\$13.02 billion, a year-on-year increase of 4.3%, 3.8 percentage points slower than in October.

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China's cotton yarn exports increased significantly from January to November 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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