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How about the development of the textile industry from January to June 2020?
From January to June, the industrial added value of enterprises above designated size in the textile industry fell by 6.7% year-on-year, a decrease of 9.8 percentage points from the first quarter. The industrial textile manufacturing industry was driven by the surge in demand for anti-epidemic materials, and the industrial added value was 57.8 % Rapid growth, the year-on-year growth rate in June was as high as 80.7%.
From January to June, the output of chemical fiber, yarn, cloth and clothing decreased by 1.0%, 15.8%, 25.9% and 13.7% year-on-year respectively.
Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in the research and development, production and sales of polypropylene fibers. Since its establishment, it has developed steadily. Currently, it has established more than 70 polypropylene FDY production lines, 8 POY production lines, and 2 DTY production lines. And several other production and R&D equipment. The differential fiber pp yarn of various specifications exceeded 24,000 tons last year, and it has become the domestic manufacturer of differential fiber pp yarn with a large actual output.