During the global economic recession, companies with weak risk resistance will take the lead in falling down. It is an indisputable fact that domestic economic development has been dragged down by foreign epidemics, especially

In today's economic globalization, it is difficult to get a good view. Once the international market is blocked, it is difficult for the domestic market to digest excess commodities for a short time. Competition in the domestic market must be

It will only become more intense.

Another reality is that as China's economic development slows down, the proportion of domestic apparel consumption has also been declining. According to data from the National Bureau of Statistics, 2011-

In 2018, the retail sales of apparel commodities above designated size in the country increased year by year, but the growth rate slowed down year by year.

In 2018, the national per capita consumption expenditure was 19853 yuan, an increase of 8.4%; of which the per capita consumption expenditure on clothing was 1338 yuan, an increase of 3.8%, accounting for per capita consumption expenditure

The proportion is 6.5%.

In 2019, the national per capita consumption expenditure was 21559 yuan, an increase of 8.6%; the per capita consumption expenditure on clothing was 1338 yuan, an increase of 3.8%, accounting for the ratio of per capita consumption expenditure

The weight is 6.2%. The above data not only shows that the growth rate of clothing consumption expenditure per capita is slower than that of other consumption, but also the consumption amount of clothing has also decreased year-on-year.

In 2020, this ratio is still likely to continue to decline.

Hubei Botao Synthetic Fiber Co., Ltd. specializes in production and sales: polyester staple fiber, PLA fiber, polypropylene staple fiber, Two Bi-component Fiber, polyethylene staple fiber, Polypropylene Staple Fiber, two-component staple fiber, and Polypropylene Staple Fiber.