Capacity utilization rate of China's textile industry in the first three quarters of 2024!

Since the beginning of this year, China's textile industry has tried to overcome the pressure on the demand side, the supply side has shown a recovery trend, the industry capacity utilization level has risen steadily, and the production growth rate has accelerated year-on-year. According to the data, in the first three quarters of this year, the capacity utilization rate of the textile industry and the chemical fiber industry above designated size was 78.3% and 85.4%, respectively, an increase of 1.9 and 1.6 percentage points over the same period of last year, which was higher than the capacity utilization level of 74.6% of the national regulated industries in the same period. The industrial added value of enterprises above designated size in the textile industry increased by 4.5% year-on-year, and the growth rate rose by 6.7 percentage points over the same period last year.

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