Analysis of the current situation of textile industry operation!

With the gradual recovery of domestic and foreign market demand, and the significant effect of policy measures such as large-scale tax and fee reductions, the economic benefits of textile companies have experienced a sharp decline in early 2020, showing a trend of steadily repairing and improving quarterly.

According to data, in recent years, under multiple pressures such as the slowdown in domestic and foreign market demand, the more complex trading environment, and the continuous increase in overall costs, the growth momentum of textile enterprises’ investment growth has been weak, and the level of efficiency has declined. From 2015 to 2020, the owners of textile enterprises above designated size The overall operating income is on a downward trend. In 2020, textile enterprises above designated size will achieve operating income of 4519.06 billion yuan, a year-on-year decrease of 8.8%, and the rate of decline has narrowed by 3.3 and 20.7 percentage points respectively compared with the first three quarters and January to February.

Shanghai Jinci Industrial Co., Ltd. was established in March 2006. It is a large-scale entity company specializing in the production and sales of polypropylene fiber (PP yarn). The company’s products include polypropylene general-strength yarn, PP high-strength yarn, polypropylene anti-aging yarn, and polypropylene plus Twisted yarn, PP hollow yarn, polypropylene fluorescent yarn, polypropylene luminous yarn, polypropylene flame-retardant yarn, polypropylene air-changing yarn, etc.