Economic Operation Of China'S Garment Industry From January To June 2021

In the first half of 2021, with the sustained economic recovery at home and abroad, the market demand has rebounded significantly, the production of China's clothing industry has recovered steadily, the business conditions of enterprises have been continuously improved, and the industry operation has shown a stable recovery development trend. Although the current domestic and international environment is complex, there are many unstable and uncertain factors, especially the rise of factor cost, which brings greater production and operation pressure to small and medium-sized enterprises, we should also see that overseas demand is on the track of recovery, the domestic market is also accelerating recovery, and the new momentum of development with new industries, new formats and new models as the main content is growing rapidly against the trend, The ability of enterprises to respond to external changes is increasing, showing good development toughness and vitality, which has become an important support to promote the high-quality development of the industry.

production

According to the data of the National Bureau of statistics, from January to June 2021, the industrial added value of Enterprises above Designated Size in the clothing industry increased by 10.9% year-on-year, and the growth rate increased by 23.1 percentage points compared with the same period of last year; Enterprises above Designated Size have completed 11.323 billion pieces of clothing, with a year-on-year increase of 19.98%, and an average increase of 1.8% in two years, 2.3 percentage points faster than that in the first quarter.

for the domestic market

According to the data of the National Bureau of statistics, from January to June 2021, China's total retail sales of consumer goods reached 21190.4 billion yuan, an increase of 23.0% year-on-year, and an average increase of 4.4% in two years. Among them, the total retail sales of clothing commodities of units above the designated size reached 487.5 billion yuan, up 37.4% year on year and 3.7% on average in two years, 1.5 percentage points faster than that in the first quarter.

According to the data of the National Bureau of statistics, from January to June 2021, the online retail sales of physical goods reached 5026.3 billion yuan, an increase of 18.7% year-on-year, and an average growth of 16.5% in two years. Among them, online retail sales of wearing goods increased by 24.1% year-on-year, with an average growth of 9.8% in two years, 0.9 percentage points faster than that in the first quarter.

exit

According to the data of China Customs, from January to June 2021, China's total exports of clothing and accessories reached US $71.528 billion, up 40.3% year-on-year and 6.3% on average in two years, slowing down by 2.0% compared with the first quarter.

investment

According to the data of the National Bureau of statistics, from January to June 2021, the actual completed investment of China's clothing industry increased by 5.8% year-on-year, and the growth rate increased by 43.7% compared with the same period of last year, still lower than the overall level of textile industry and manufacturing industry by 9.4 and 13.4 percentage points.

benefit

According to the data of the National Bureau of statistics, from January to June 2021, there were 12467 Enterprises above the designated size (annual main business income of 20 million yuan or above) in the clothing industry, with an operating income of 653.378 billion yuan, a year-on-year increase of 12.99%, and an increase of 29.38 percentage points over the same period of last year; The total profit was 27.403 billion yuan, with a year-on-year increase of 13.87%, and the growth rate increased by 41.22 percentage points compared with the same period of last year; The profit margin of operating revenue was 4.19%, 0.03 percentage points higher than that of the same period of last year.

(source: China clothing association)