Domestic retail sales of textiles and apparels only increased

Firstly, from the perspective of demand, the best time has been passed on textile and apparel market. Domestic demand recovered in 2021 but overall demand presented modest impacted by the pandemic and falling consumption. Domestic retail sales of textiles and apparels only increased by 1.6% in Jan-Aug, 2021 compared with 2019 (the growth rate was at 2.9% in 2019). Consumption of apparels declined by 10% compared with 2020 during the National Day holiday. The cumulative growth rate may tend to fall later. Export was largely good this year while may gradually reduce as the best time has been passed as the high consumption of textiles and apparels started falling in US, export of textiles and China saw falling growth rate while Southeast Asia witnessed recovering growth rate, and the proportion of China in imported textiles and apparels market apparently declined in US.