China'S Textile Industry Added Value Decreased By 5.5% In March.

According to the latest statistics of the National Bureau of statistics, in March 2020, the added value of above scale industries in China decreased by 1.1% compared to the same period in real terms, a decrease of 12.4 percentage points from January to February. In the first quarter, the added value of above scale industries dropped by 8.4% compared with the same period last year.

In March, the manufacturing sector fell by 1.8% compared with the same period last year, and the decline narrowed by 13.9 percentage points. According to sub sectors, in March, 16 sectors of the 41 categories of industries maintained an increase in value. Among them, Textile industry fell 5.5% Chemical raw materials and chemical products manufacturing industry grew by 0.7%.

In March 2020, according to the consumption type, China's retail sales reached 24618 billion yuan, down 12% from the same period last year, a drop of 5.6 percentage points from January to February. From January to March, retail sales amounted to 72553 billion yuan, down 15.8% from the same period last year. From January to March, China's online retail sales reached 22169 billion yuan, down 0.8% from the same period last year, a drop of 2.2 percentage points from January to February.

Among them, the online retail sales of physical commodities amounted to 18536 billion yuan, an increase of 5.9% over the previous year, accounting for 23.6% of the total retail sales of social consumer goods. In the online retail sales of physical commodities, the consumption and consumption of commodities increased by 32.7% and 10%, respectively, and the wearing commodities decreased by 15.1%.

Retail sales of clothing, shoes and hats and needles and textiles in the above unit retail sales amounted to 68 billion 900 million yuan in March, down 34.8% from the same period last year, and retail sales from January to March were 225 billion 200 million yuan, down 32.2% from the same period last year.