Industry dynamics

21

2024-03

Focus on the official release of the Action Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-in.

A few days ago, the State Council issued the "Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in" (hereinafter referred to as the "Action Plan"). A few days ago, the State Council issued the "Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in" (hereinafter referred to as the "Action Plan").

28

2023-07

The Ministry of Industry and Information Technology and other three departments issued the Work Plan for Steady Growth of Light Industry (2023-2024)

The Ministry of Industry and Information Technology, the National Development and Reform Commission and the Ministry of Commerce recently jointly issued the Work Plan for Steady Growth of Light Industry (2023-2024). The "Plan" proposes that the average growth rate of young industrial added value from 2023 to 2024 is about 4%, and the scale of business income of enterprises above regulations exceeds 25 trillion yuan. The scale of key industries has risen steadily, and the international market share of major products has remained stable. With the rapid development of new growth points, more than 300 upgraded and innovative products have been promoted, the competitiveness of the top 100 light industry enterprises has been further enhanced, and 50 light industry characteristic industrial clusters with a scale of more than 30 billion yuan have been cultivated and upgraded. The role of light industry in expanding domestic demand and promoting consumption has become more prominent. The development of high-end, digital and green has been steadily promoted. The effect of "increasing varieties, improving quality and creating brands" has been expanded, and the quality and efficiency of industrial development have been continuously improved.

18

2023-07

In the first half of the year, the national textile and clothing exports fell by 8.3

According to the General Administration of Customs today's statistical newsletter, in the first half of this year, the country's textile and clothing exports were 142.68 billion billion US dollars, down 8.3 percent from the same period last year (1.9 percent in RMB), an increase of 1.6 percentage points over the first quarter. Among them, textile exports were 67.7 billion US dollars, down 10.9 per cent year-on-year (4.5 per cent year-on-year in RMB terms), while clothing exports were 74.98 billion US dollars, down 5.9 per cent year-on-year (0.7 per cent year-on-year in RMB terms).

03

2023-07

Clothing imports from Europe, the United States and Japan showed a weak recovery in April, and China's share continued to decline.

The Group believes that in the information age of economic globalization, informatization will become the only way for SMEs to enhance their competitiveness, and e-commerce will become the key path for enterprises to achieve informatization. Therefore, the Group will continue to focus on promoting the e-commerce and informatization process of Chinese SMEs, continue to innovate, continue to introduce more and better services, build intelligent Chinese enterprises, and achieve smart entrepreneurs!

24

2023-04

Policy | Ministry of Industry and Information Technology to Cultivate 100 More Characteristic Industrial Clusters of Small and Medium-sized Enterprises in China

On April 20, the State Council Information Office held a press conference to introduce the development of industry and informatization in the first quarter of 2023. It was said at the meeting that the Ministry of Industry and Information Technology plans to cultivate another 100 characteristic industrial clusters of small and medium-sized enterprises nationwide this year.

12

2023-04

Analysis of India Sewing Machinery Import and Export in 2022

India is the largest country in the South Asian subcontinent, radiating Southeast Asia, the Middle East and East Africa. It has a superior geographical location, abundant young labor force and huge consumption potential. In recent years, India has accelerated infrastructure construction, promoted economic system reform, vigorously encouraged the private economy, and the business environment has improved significantly. India's textile and garment industry has a long history and occupies an important position in its national economy. In order to promote the development of the textile industry, India has set up seven special economic zones for the textile industry across the country, and has put forward the MITRA initiative in recent years, hoping to complete all the production processes of textile and clothing in the industrial park, reduce the cost of intermediate processes such as transportation, enhance competitiveness, and promote export earnings.

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