Summary of Textile Industry in 2018

- Jan 17, 2019-

This year, the textile fabric industry sang the song of "ice and fire". In the first half of the year, the fabric market trend was strong, many enterprises actively thought about changes, further accelerate the pace of overseas layout, consolidate and expand the industrial competitive advantage, while more and more fabric enterprises pay attention to technological research and development and innovation, increase product added value... However, in the second half of the year, the industry has entered a "troublesome autumn". There are frequent "cooling" signals such as slowing down of product price rise, declining transaction, shrinking of production orders, and a series of "black swan" incidents such as Sino-US trade frictions, which make the fabric market in the second half of the year difficult.