A briefing on the economic operation of the garment industry has been issued from January to February 2017. The main data are summarized as follows for reference.

Production: From January to February 2017, garment enterprises above the scale of the garment industry completed a total garment output of 4.830 billion pieces, an increase of 2.87% compared with the same period last year.

Domestic sales: From January to February 2017, the total retail sales of social consumer goods amounted to 5,796 billion yuan, an increase of 9.5% over the previous year. Among them, the retail sales of clothing goods above the quota totaled 185.5 billion yuan, an increase of 5.2% over the same period of last year. From January to February 2017, the national online retail sales volume was 858 billion yuan, an increase of 31.9% over the same period last year. Among them, online retail sales of clothing goods increased by 15.8% year on year.

Export: From January to February 2017, China completed a total of 20.927 billion US dollars in garment and apparel exports, a decrease of 14.53%, garment exports of 4.243 billion pieces, a decrease of 9.46%, and the average unit price of garment exports of 3.97 US dollars per piece, a decrease of 7.03%.

Investment: From January to February 2017, China's apparel industry actually completed investment of 31.480 billion yuan, an increase of 7.71% over the same period last year.

Benefits: From January to February 2017, Enterprises above the scale of the apparel industry accumulated 335.038 billion yuan of main business income, an increase of 6.62%; total profit of 203.84 billion yuan, an increase of 5.47%; sales profit rate of 6.08%, a decrease of 0.07 percentage points over the same period in 2016; gross sales interest rate of 14.84%, an increase of 0.01 percentage points over the same period in 2016; three-fee ratio of 8.36%, a decrease of 0.10% over the same period in 2016 One percentage point.

China's textile industry is facing many challenges and has a good momentum of development in 2017