WEIHUA TEXTILE

WEIHUA TEXTILE

China's textile industry market status and development prospect forecast analysis

2021 10/14

In recent years, the state and related departments have issued a series of policies and regulations to support the development of the textile industry. The implementation of various industrial policies has laid a good policy environment for the development of the industry. It provides clear guidance in terms of industry development goals, growth rates, industry specifications, key development directions and technical means, and key downstream applications, which will help promote the overall The industry is developing rapidly and healthily. It is required to smooth the domestic cycle, improve the policy system that promotes the domestic cycle, maintain a reasonable level of fiscal expenditure and deficit rate, improve the tax and fee reduction policy, and build a structure that is conducive to enterprises to expand investment, increase R&D investment, adjust income distribution, and reduce consumption Taxation system that is borne by the employers. Improve the income distribution, social security, and public service systems commensurate with the level of economic development.

The Ministry of Commerce pointed out that in the second half of the year, policies and measures to promote consumption will be further improved. While implementing the policies and measures that have been introduced to stabilize and expand automobile consumption, and boost bulk consumption, it will conduct in-depth investigations and studies in accordance with changes in the situation and tasks, and reserve one. Approval of new policies to expand domestic demand and promote consumption. At present, various localities are intensively meeting to plan the layout of economic priorities in the second half of the year, among which promoting consumption and expanding domestic demand has become the top priority of economic work in the second half of the year. The promotion of consumption by the state and local governments to expand domestic demand will stimulate clothing consumption and benefit the textile industry.