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Forecast and analysis of the textile and garment industry in 2021!

1. Favorable policies

In September 2016, the Ministry of Industry and Information Technology issued the "Textile Industry Development Plan (2016-2020)", proposing that during the "13th Five-Year Plan" period, the average annual growth rate of the industrial added value of textile enterprises above designated size will remain at 6%-7 %; The share of textile and apparel exports in the global market remained basically stable. The growth mode of the textile industry has shifted from scale and speed to quality and efficiency.

2. The expansion of domestic demand and the upgrade of consumption

The expansion of domestic demand and consumption upgrade will be the biggest driving force for the development of the textile industry. The combination of development dividends and reform dividends such as the growth of urban and rural residents' income, new urbanization and the full implementation of the two-child policy will promote the growth of textile consumption.

3. A new round of technological revolution

The in-depth application of information technology in the design, production, marketing, logistics and other links of the textile industry will promote the transformation of production models to flexibility, intelligence, and refinement, and from traditional manufacturing to service-oriented manufacturing. The deep integration of the textile industry with information technology and the Internet provides a broad space for innovation and development.

Guangdong Modern High-tech Fiber Co., Ltd.is a manufacturer specializing in the research, development, production and sales of PP yarns. Since its establishment, it has developed steadily. At present, more than 70 polypropylene FDY production lines, 8 POY production lines, 2 DTY production lines, 12 BCF production lines, and several other production research and development equipment have been established. The PP yarn of various specifications was nearly 30,000 tons last year. , To become a PP yarn manufacturer with a large actual output in China.