there was minor increase of VSF downstream capacity and vortex-spun yarn was still the main source of growth

In 2022, there was minor increase of VSF downstream capacity and vortex-spun yarn was still the main source of growth. Although the overall capacity of spun yarn was increasing, due to the impact of the epidemic and insufficient demand, the operating rate of yarn industry in 2022 was significantly lower than that in 2021, with a drop of more than 10%. At the same time, the increase in the proportion of blended yarn had also led to a decline in the production of rayon yarn.