The development of my country's textile industry showed a steady growth in the first half of 2017

Sun Ruizhe, chairman of the China National Textile and Apparel Council, stated at the 3rd Global Rayon Forum held in Jilin City on the 26th that my country's textile industry showed a steady growth in the first half of this year, and exports returned to the growth range after two consecutive years of negative growth. .　　Sun Ruizhe said that although the overall growth rate of my country's textile industry has slowed down in recent years, the development of the industry still maintains growth. According to statistics, the total investment in my country’s textile industry in the first half of this year was 603.14 billion yuan, a year-on-year increase of 9.11%; the national retail sales of clothing, shoes, hats and knitting textiles above designated size increased by 7.3% year-on-year; online retail sales accelerated, and the national online retail sales of clothing products increased year-on-year 20.8%. From January to May this year, the main business income of the listed enterprises was 2945.57 billion yuan, a year-on-year increase of 9.4%; the total profit was 149.5 billion yuan, a year-on-year increase of 10.6%.　　In terms of exports, in the first half of this year, my country’s cumulative exports of textiles and apparel were US$124.05 billion, an increase of 2.1% year-on-year, ending the two-year negative growth situation and achieving moderate growth. Sun Ruizhe said that although China's share of the three major textile markets in the United States, Japan and Europe has continued to decline in recent years, my country's dominant position in the world's textile and apparel exports remains solid.　　Sun Ruizhe said that although the role of my country's textile industry as a pillar industry of the national economy has been fully demonstrated, there are still problems such as high production factor costs, tax burden costs and high financing costs, and further efforts are needed to reduce costs. Article Keywords: 　Textile