Before July, China's Textile And Clothing Export Growth Rate Climbed.

In 1-7 months, China's textile and garment industry achieved a total export volume of US $109 billion 667 million, representing an increase of 22.94% over the same period last year, and its growth rate continued to climb at a high level. In July, exports of textiles and clothing increased by 27.01% over the same month, rising by 11.41% compared to the same period, and export performance was still relatively strong. However, it was also seen that the growth rate of the chain was declining.

The key economic data in the US have not been effectively improved. The decline in demand is still the main factor restricting exports. After the peak of export data in July, the follow-up exports will reflect the demand changes in the European and American markets and maintain a "neutral" investment rating for the entire textile and garment industry. In terms of stocks, taking into account the growth and early growth in the second half of the year, we recommend the company as good news bird (002154) and American bond (002269), maintaining its "highly recommended" investment rating, giving Weixing shares (002003) and Lu Tai's "prudent recommendation" investment rating.