Domestic demand rebounds while exports face pressure. The textile industry has achieved a stable recovery at the macro level!

In the first half of the year, the textile and apparel industry as a whole presented a stable recovery operation pattern. The domestic demand market showed a positive trend, the apparel consumption market demonstrated vitality, the domestic sales market saw simultaneous improvement in quantity and price, the consumption structure continued to adjust and iterate, various new online and offline business models and channels developed in harmony, providing strong support for the growth of domestic sales within the industry.

The export sector still faces pressure. The overall textile and apparel export market is basically stable, but the performance of apparel exports was relatively weak. Some key overseas market shares declined, and foreign trade enterprises still have to face multiple external challenges. Geopolitical tensions led to an increase in energy costs, coupled with the adjustment of the global supply chain pattern, have brought continuous operational pressure and challenges to export-oriented production and operation enterprises.

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