China's exports of textile and apparel products will record steady growth in 2022, data shows. The export volume of these products will reach 323.3 billion US dollars (1 US dollar = Rp. 15,089) in 2022, up 2.6 percent year on year (yoy), according to the China National Textile and Apparel Council. Council).
Textile exports rose 2 percent from a year earlier to a total of about $148 billion, while exports of apparel and accessories rose 3.2 percent to more than $175 billion.
Major textile companies saw their combined operating income rise 0.9 percent (yoy) to nearly 5.26 trillion yuan (1 yuan = Rp. 2,228) or around 780 billion US dollars in 2022, according to Xinhua.