The China Garment Association released the latest economic performance of China’s garment industry on the 3rd: From January to July, enterprises above designated size in China’s garment industry completed a total of 11.439 billion pieces of clothing, a year-on-year decrease of 13.42%, and the rate of decline narrowed by 0.27 percentage points from January to June. It narrowed by 6.87 percentage points compared with the first quarter.

In July, with the effective prevention and control of the domestic epidemic in China and the gradual recovery of the domestic demand market, the operation of the Chinese apparel industry continued to rebound on the basis of the obvious marginal improvement achieved last month. The decline in major economic indicators such as production, investment, and efficiency has further narrowed, and production and supply Capacity continued to improve, and industry operations maintained a stable recovery trend.

　　 From January to July, the actual investment in China's apparel industry fell by 36.6% year-on-year, and the rate of decline narrowed by 9.2 percentage points from the first quarter.

　　 During the same period, there were 13,160 enterprises above the designated size (annual main business income of 20 million yuan and above) in the Chinese apparel industry, and their cumulative operating income fell by 15.01% year-on-year, which was 8.45 percentage points less than the first quarter.

　　 The China Apparel Association stated that due to the spread of the overseas epidemic, the severe and complex international economic environment, and the transformation of the industry, the Chinese apparel industry is still facing superimposed pressure and difficulties.