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2023 textile industry is expected to be the first to recover growth!

In 2022, foreign trade faced multiple pressures such as the repeated worsening of the epidemic, falling demand and shifting orders. Driven by rising export prices, new opportunities in RCEP and new models of cross-border e-commerce, textile and apparel overcame difficulties and maintained growth, reaching a new high.

In 2023, high-quality companies with strong fine operation ability, high proportion of direct sales channels and flexible supply chain are expected to take the lead in restoring growth in the garment industry.

Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the research and development, production and sales of polypropylene fiber. Since its establishment, the steady development, now has established more than 70 polypropylene FDY production lines, POY production line 8, DTY production line 2, BCF production line 12 and other production and research and development equipment several, last year a variety of specifications of PP yarn nearly 30,000 tons, become the current domestic actual output of large PP yarn manufacturers.