Brief Report On Economic Operation Of Clothing Industry From January To February 2021

From January to February 2021, the economic operation of China's clothing industry will be released. This briefing is for the industry department of China clothing association. Based on the relevant data of the National Bureau of statistics and China Customs, the brief data and operation trend related to the clothing industry are extracted. It is original for China clothing association. Please reprint and indicate the source.

From January to February, under the joint action of global economic slow recovery, market demand improvement and "local new year" policy and other factors, China's clothing industry showed a recovery growth trend and vitality, domestic sales and exports achieved rapid growth, production, efficiency and investment and other major indicators rebounded significantly, but it has not reached the level before the epidemic. At the same time, in the face of the new crown pneumonia epidemic is still spreading around the world, the world economic situation is complex and severe, the recovery of consumer demand is relatively slow, and the price of raw materials, exchange rate fluctuations and many other uncertain factors, China's clothing industry is still facing greater pressure and difficulties in the current stable recovery and innovative development.

Production: according to the data of the National Bureau of statistics, from January to February 2021, the industrial added value of Enterprises above Designated Size in the garment industry will increase by 26.6% year-on-year, and the garment output will reach 3.4 billion pieces, with a year-on-year increase of 38.44%.

Domestic sales: according to the data of the National Bureau of statistics, from January to February 2021, China's total retail sales of consumer goods reached 6973.7 billion yuan, a year-on-year increase of 33.8%. Among them, the total retail sales of clothing goods of units above the quota reached 168.9 billion yuan, up 53.1% year-on-year.

According to the data of the National Bureau of statistics, from January to February 2021, the online retail sales of physical goods reached 1441.2 billion yuan, a year-on-year increase of 30.6%. Among them, online retail sales of wearing goods increased by 44.3% year-on-year.

Export: according to the data of China Customs express, from January to February 2021, China completed the export of clothing and accessories totaling 24.054 billion US dollars, up 50% year on year.

Investment: according to the data of the National Bureau of statistics, from January to February 2021, the actual completed investment of China's clothing industry increased by 24.6% year-on-year, which was 0.2% and 12.7% lower than the overall level of textile industry and manufacturing industry respectively.

Benefits: according to the data of the National Bureau of statistics, from January to February 2021, there were 12438 Enterprises above the designated size (annual main business income of 20 million yuan and above) in the clothing industry, with an accumulated operating income of 179.204 billion yuan, a year-on-year increase of 21.43%, a total profit of 7.833 billion yuan, a year-on-year increase of 42.81%, and a profit margin of 4.37%, an increase of 0.65 percentage points over the same period of last year.