- Contact：kelvin Xiong
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From January to August 2025, the world economy struggled forward amid multiple challenges such as intensified geopolitical conflicts, tariff shocks, and fragmentation of production and supply chains, with the momentum of global economic growth weakening. China's economy has maintained a generally stable growth trend, but the growth rate has shown a moderate slowdown. Industrial production has maintained a relatively fast growth rate, consumption growth has slowed down, and exports have shown strong resilience but still face challenges. The operation of China's industrial textile industry has been generally stable, but the growth rate of industrial added value has slowed down somewhat.
In terms of production, according to data from the National Bureau of Statistics, the output of nonwoven fabrics by large-scale enterprises increased by 4.5% year-on-year from January to August. The output of cord fabric decreased by 5.6% year-on-year.
In terms of economic benefits, according to data from the National Bureau of Statistics, from January to August, the operating income of large-scale enterprises in the industrial textile industry increased by 1.6% year-on-year, while the total profit decreased by 1.7% year-on-year. The decline in profit has narrowed for two consecutive months. The operating profit margin was 3.7%, down 0.1 percentage point year-on-year.
By sector, from January to August, the operating income and total profit of large-scale nonwoven fabric enterprises increased by 2.8% and 7.4% respectively year-on-year, and the operating profit margin was 2.9%, up by 0.1 percentage point year-on-year. The operating income and total profit of large-scale rope, cable and wire enterprises increased by 11.1% and 2.8% respectively year-on-year, and the operating profit margin was 3.3%, down 0.3 percentage points year-on-year. The operating income and total profit of large-scale enterprises in the textile belt and cord fabric industries increased by 4.8% and 15.7% respectively year-on-year, and the operating profit margin was 3.2%, up by 0.3 percentage points year-on-year. The operating income and total profit of large-scale enterprises in the tent and canvas industries decreased by 4.5% and 14.1% respectively year-on-year, and the operating profit margin was 4.3%, down 0.5 percentage points year-on-year. The operating income and total profit of large-scale enterprises in other industrial textiles (including filtration, geotextiles, etc.) decreased by 1.7% and 9.8% respectively year-on-year. The operating profit margin of 5.6% is currently the highest level in the industry.
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