Textile industry export "warmer" boost confidence!

The main reasons for the impact on exports in 2022 are three aspects: short-term supply capacity decline, inventory level rise and demand weakening. In 2023, the above factors are likely to improve within 6-12 months, and then the adverse impact on exports will gradually decrease.

Textile and apparel exports are expected to recover weakly in 2023, and the current "recovery" signals are also boosting market confidence.

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