According to the China Textile Industry Federation on the 4th, the prosperity index of China's textile industry in the first quarter of 2018 was 57.3, which was in a stable development range.

Since 2018, the global economic prosperity has continued to pick up. The Chinese domestic market has been relatively active. Generally speaking, it has provided a relatively good external environment. The Chinese textile industry basically achieved a steady start in the first quarter.

In the first quarter, the domestic market for textiles and apparel in China accelerated its growth, and the growth rate of online channel sales increased significantly. At the same time, China's textile and apparel export market continued to pick up. In the first quarter, China's textile and apparel exports totaled 59.18 billion US dollars, a year-on-year increase of 4.8%, and the growth rate was 7.9 percentage points higher than the same period of last year.

In the first quarter, the production situation in China's textile industry remained stable, and the capacity utilization rate maintained a good level. The capacity utilization rate of the textile industry above designated size was as high as 80.7%.

The China National Textile and Apparel Federation reminded that although there are overall external conditions that continue to remain steady, we must also note that the development of China's textile industry in 2018 still faces many destabilizing factors. The current international trade environment is uncertain; textile production factors have always existed, and the environmental protection regulatory pressure remains prominent.

China National Textile and Apparel Federation stated that it will strive to achieve steady increase in the main operating indicators in 2018 and promote the high quality and stable development of the textile industry.