On November 7, the expanded meeting of the eighth Standing Council of the seventh session of the China Chemical Fiber Industry Association was held in Hongze District, Huai 'an City, Jiangsu Province. Relevant leading guests, entrepreneurs and expert representatives from the association's vice president, executive director and governing units, and representatives of the news media attended the meeting. The supervisors of the Board of supervisors attended the meeting as non-voting delegates. The meeting was chaired by Chen Xinwei, president of China Chemical Fiber Industry Association.

The meeting reviewed and passed the adjustment of the standard name of "China Chemical Fiber Industry Association PTA Branch" to "China Chemical Fiber Industry Association Precision terephthalic acid Branch", "China Chemical Fiber Industry Association · Green Yu Fund Management Committee" and other matters.

Guan Xiaorui, Vice president and Secretary-General of China Chemical Fiber Industry Association, introduced the key work carried out by the secretariat of the association in the first three quarters of 2024. Since 2024, the association has insisted on guiding the rational development of the industry, providing science and technology and brand value for the industry, and promoting double cycle development at home and abroad, focusing on the study and education of Party discipline, research on major issues in the industry, deepening statistical research, promoting green development, building science and technology service platforms, exploring new paths for brand building and strengthening internal construction. Efforts to guide and support the positive and healthy development of the chemical fiber industry.

As the basic pillar industry of the national economy and the people's livelihood industry, China's textile industry has the world's most complete modern fiber processing industry chain, from chemical fibers to terminal finished products, the comprehensive research and development and manufacturing level of the whole industry chain has reached the international advanced level, to meet China's multi-level, multi-field, diversified consumer demand. Since this year, how is the operation of China's textile and chemical fiber industry? What are the trends to watch for in the future?

For the operation of the textile industry, Zhao Mingxia, director of the Trade Office of the China Textile Industry Federation and vice president of the Industrial Economic Research Institute, said that since 2024, the development situation facing China's textile industry is still complex and severe on the whole, but the development resilience accumulated by the transformation and upgrading of the industry over the years has been fully demonstrated, and the main operating indicators have achieved positive growth. The growth rate of total profits is in the middle and upper reaches of the national industry, and the growth rate of operating income and total exports is in the middle reaches, making positive contributions to the "steady growth" of the national economy.

For the operation of the chemical fiber industry, Wu Wenjing, deputy secretary-general of the China Chemical Fiber Industry Association, said that since 2024, the operation of China's chemical fiber industry has shown recovery growth, and the output has grown rapidly year-on-year on the basis of a low base, and the growth rate has gradually declined, and the actual new capacity has slowed down; Industry load on the whole is at a high level, exports have declined; In the third quarter, the cost support weakened, but the economic efficiency of the industry increased year-on-year, and the quality of operation improved.

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