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The export volume of Chinese towel products is increasing day by day, and the international market is constantly explored.

In China's future economy, the new driving force of economic growth will come from the continuous expansion of consumption .

In 2021, the overall prosperity of the textile industry keeps expanding, and the capacity utilization rate increases quarter by quarter .With the gradual recovery of domestic and foreign market demand, as well as the significant effect of large-scale national tax and fee reduction policies and measures, the economic benefits of textile enterprises, after experiencing a sharp decline in the beginning of 2020, will show a trend of steady repair and quarterly improvement in 2021.

In China, the per capital consumption expenditure of home textiles accounts for only 7% of the consumption expenditure of clothing, and only 0.7% of the total consumption expenditure, while in developed countries, the two items are basically the same.

China's economic development environment is facing profound and complex changes, with an uncertain outlook for the COVID-19 pandemic, increasing instability and uncertainty in the world economic and trade environment, multiple bottlenecks in the domestic economic cycle, and major risks and hidden dangers that cannot be ignored.

The export situation of textile industry is grim.Due to the impact of COVID-19 and the global economic downturn, China's textile industry is facing a more severe internal and external situation .

In recent years, China's textile export development trend is good, the value of exports increased year by year. The report showed that between 2020 and 2021, China's foreign trade in the textile industry has seen rapid growth of 179 percent. In 2020, China's textile exports will reach 31 billion meters, accounting for about 1/3 of the world's textile exports.

With the rapid development of China's economy and the increasing disposable income of consumers, the diversified and personalized consumption of home textile products is becoming more and more obvious

First of all, the rapid growth of export is due to the strong growth of the world economy, which has generated strong market demand. At the policy level, China has revised the Foreign Trade Law, fully liberalized the operation right of import and export, and stimulated the enthusiasm of various enterprises, especially private enterprises, to explore the international market.

In 2021, the textile industry persisted in deepening transformation and upgrading and made efforts to defuse the risk impact caused by the epidemic. The decline of major operating indicators continued to reduce, the economic operation situation recovered steadily, and the export trade achieved an unexpected growth driven by epidemic prevention materials.

It developed high-tech fiber towel in time with its keen market sense of smell,which is one step ahead in the industry.

Under the call of "mass entrepreneurship and innovation" of the government in 2013, the number of new economy start-ups in China grew rapidly and reached the peak in 2015.

In recent years, a series of policies have been issued to promote the development of the industry.

Seaborne spot prices in key east-west trade have remained near record highs, reversing the normal pattern of annual declines that followed the Lunar New Year holiday. Overstocked cargo, crowded ports, equipment shortages and persistently high volumes are keeping prices high.