News

03

2020-07

China's manufacturing PMI50.9% in June, up from the previous month

At present, in accordance with the deployment of the Central Committee of the Communist Party of China and the State Council, all regions and departments have done a good job of "six stability" and implemented the "six protection" tasks, striving to overcome the adverse effects of the new coronary pneumonia epidemic, and the overall recovery of China's economic operation continues to improve. According to the National Bureau of Statistics, China's manufacturing purchasing managers' index (PMI) stood at 50.9 in June 2020, up 0.3 percentage points from the previous month. Among the 21 industries surveyed, the PMI of 14 industries was above the critical point, an increase of 5 from the previous month. The manufacturing industry recovered steadily and the fundamentals continued to improve. In terms of enterprise size, the PMI of large and medium-sized enterprises is 5

2020-07-03

01

2020-07

Attention, textile people, many new policies and regulations will be implemented from July 1!

In July, another batch of policies and regulations related to the textile industry will be officially implemented. For example, masks officially implemented new standards, the administrative licensing provisions of the Bank of China Insurance Regulatory Commission, the first national standards of the live broadcast industry, the implementation of the new national railway operation map, "reusable daily protective masks" group standards officially released ...... Today to take stock of the specific content. 1. Masks officially implemented the new standard At the end of 2019, the State Administration of Market Supervision and Administration and the National Standardization Administration of China issued a new respiratory protection standard GB2626-2019 "Respiratory Protection Self-suction Filtered Anti-Particulate Breathing

2020-07-01

01

2020-07

How Chinese companies deal with the risk of developing the African market under the epidemic.

The neo-coronary pneumonia epidemic has spread rapidly around the world and has become a "public health emergency of international concern", and the African continent is no exception. As the number of infected people continues to increase, African countries have taken measures to varying degrees, such as closing cities, cutting off flights and canceling gatherings. The epidemic poses a series of challenges to the emergency management, international operation and localized management of Chinese contractors who are going international and deep into the African market. This paper analyzes the impact of the new crown epidemic on the market development of "going out" Chinese enterprises in the African continent, and puts forward suggestions to deal with related problems. Impact on African Market Development No.1 Movement of Personnel and

2020-07-01

30

2020-06

Polyester "put price" failure, the textile market into a dilemma!

June 29, polyester filament promotion continues! Vacation + price release = both production and sales are booming, but this time it has "failed! Before the holiday, the polyester filament factory suffered another massive hemorrhage. Some leading factories directly lowered their quotations to 500 yuan, almost a 10% discount. Compared with the current cash flow, it should be regarded as a sale at a loss. But it is such a big promotion but did not return to sustained production and sales, the market returned to calm after a one-day tour! On the first trading day after the festival, polyester transactions were also light, with some POY production and sales at 20%, 30% and 45%. Part FDY production and sales at 30%, 20% and 50%; Part DTY production and sales at 80

2020-06-30

29

2020-06

Terminal demand is sluggish, July textile industry chain or everywhere "high inventory"

Xiao Bian: Boss, what products are selling well recently? Cloth boss: No! Probably in addition to non-woven fabrics, the market is not what hot products. Entering June, the off-season atmosphere has deepened, the market has entered the status quo of "a pool of stagnant water", lack of bright product support, and poor market transaction performance. Especially in terms of regular products, the gray fabric inventory of weaving manufacturers has reached a high level in recent years. According to the sample enterprises tested by China Silk Capital Network, the gray cloth inventory in Shengze area has risen to about 43-44 days, about 2-3 days higher than the same period last year, about 19 days higher than the same period in 2018, and higher than the same period in 2017.

2020-06-29

19

2020-06

In May, the added value of the national textile industry increased by 4.3

According to the National Bureau of Statistics, in May, the value added of industries above designated size nationwide increased by 4.4 in real terms year-on-year (the following value-added growth rates are all real growth rates after deducting price factors), and the growth rate rebounded by 0.5 percentage points from April. On a month-on-month basis, the added value of industries above designated size increased by 1.53 in May over the previous month. In the first five months of this year, the added value of industries above designated size fell by 2.8 year-on-year. In May, the manufacturing industry grew by 5.2, an acceleration of 0.2 percentage points. In terms of different industries, in May, the added value of 30 of the 41 major industries maintained a year-on-year growth, and the textile industry increased by 4.3. Look by region

2020-06-19

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