This year, foreign demand for textiles is insufficient. From January to July, the growth rate of imports of textiles and garments from the United States and Japan fell by more than 10 percentage points over the same period of last year, while the growth rate of EU imports fell by more than 20 percentage points. Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology, said that domestic demand for textiles is also weak.
Zhu Hong Ren: From January to August, the growth rate of retail sales of clothing, shoes, hats, and needle textiles by enterprises above designated size decreased by 6.5 percentage points from the same period of last year.
At the same time, the cost of domestic labor and other costs rose rigidly. The increase in labor wages this year has still reached about 15%, and low-cost product orders have continued to shift to Southeast Asian countries. Under the above factors, the benefits of the textile industry declined.
Zhu Hong Ren: From January to August, the total profit of the textile industry decreased by 1.1% year-on-year, and the profit rate decreased by approximately 12% from the same period of last year. The loss of loss-making enterprises increased by 101.8% year-on-year.
"SD" has formed a the unique style of tech and innovation with over 20 years.
Over 20 years growth, the company has cultivated a team of experienced technical and management staff and owned the modern facilities and automatic assembly lines from dyeing, knitting, finishing and deep processing.
Meanwhile, the company always follows the fashion steps, continuously innovates and develops new products, and improves the management and service ability.
The upscale faux fox fur and Knitting Wool products reach the domestic and international high level. Products have been exported to the United States, Australia, Japan, Russia and Vietnam. In addition, according to the report from international accredited testing institutions, the test of formaldehyde in some products is ND level. The company receives high praise from the international specialists.
The company keeps the spirit of being real, precise, beautiful and innovative, capturing the market with high quality and credit. The products gains the trust and favor from home and abroad customer with high quality and diverstity.
All staff of Shuangda work hard towards automation, intellectualization and informatization. Keep improving the efficiency, promoting craftsman spirit, innovating new products. We are committed to becoming a more specialized faux fur products supplier. We wish the ecotope will become better by our efforts.
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Wuxi Shuangda plush Co., Ltd. , http://www.sd-fauxfur.com