China's textile and garment exports achieve better results

In 2020, the unexpected COVID-19 had a major impact on the economic and trade patterns of the countries around the world, disrupting the rhythm of our textile and clothing production and trade, resulting in a low level of export. In the face of the outbreak, the Chinese government quickly responded, effectively deployed, and actively prevented and controlled the epidemic, winning the victory of the epidemic prevention war in the shortest time. With the strong support of the "six stabilities" and "six guarantees" policies put forward by the CPC Central Committee, the vitality of the domestic market has been stimulated, and the confidence of enterprises has gradually recovered. All production enterprises and foreign trade enterprises have made joint efforts to strengthen the coordination of upstream and downstream industrial chains, ensure the smooth flow of supply chains, open up export channels, and smoothly ensure that foreign trade will grow against the trend throughout the year. Textile and clothing, as a key export commodity, withstood the huge impact of the epidemic. Driven by masks and other epidemic prevention materials, the annual export of textile and clothing exceeded the expected growth, becoming an important driving force for the growth of national trade in goods. In 2020, China's foreign trade of textiles and clothing totaled 319.88 billion US dollars, a year-on-year increase of 8%, accounting for 6.9% of the total trade of goods, of which the export was 296.23 billion US dollars, second only to the historical peak of 298.49 billion US dollars in 2014, a year-on-year increase of 9.1%, accounting for 11.4% of the national export of goods, and the import was 23.65 billion US dollars, a decrease of 4.1%. The accumulated trade surplus reached 272.58 billion US dollars, accounting for 51% of the national goods trade surplus, with a year-on-year growth of 10.4%, driving the overall export growth of the national goods trade by 1 percentage point.