Celebrating the Founding of the Party Day 1921-2024
The rapid development of digital productivity has not only reshaped production methods, but also profoundly changed the business logic and value system of clothing enterprises.
In the first five months of 2024, China's global textile and clothing exports reached $66 billion (a decrease of 2%), with exports to the United States only reaching around $6 billion. Bangladesh's exports significantly decreased in May 2024, with a decrease of up to 16%.
In the first quarter of 2024, with the continuous release of the macroeconomic combination policy effect in China, the national economy continued to consolidate its upward trend, and the demand advantage of China's super large-scale market gradually emerged. The endogenous driving force of economic development further strengthened, and at the same time, the global economy ushered in an overall recovery. Inflation pressure in major developed economies slowed down, and the consumption demand for textile and clothing in the international market rebounded, helping China's printing and dyeing industry to achieve a good start in economic operation.