Brief analysis of the development trend of the textile industry from January to October!

In 2019, the textile industry is facing a complex and changing economic and trade situation, and uncertain factors are intertwined, bringing multiple tests for the high-quality development of the industry.

From January to October, the textile industry's production increased at a low rate, the efficiency declined, investment became more cautious, the growth rate of the domestic demand market slowed down, and foreign trade exports faced some pressure.

The pressure of the economic and trade situation has pushed the industry to accelerate its transformation and upgrading, and the company's awareness of crisis and innovation has been further strengthened.

Dongguan Donggang Chemical Fiber Co., Ltd. was founded in 1991. It is a medium-sized enterprise specializing in the production of various types of PP yarns. Donghong brand PP yarns are exported to the United States, Europe, Southeast Asia and other places and enjoy a high reputation in the international market.