CCTV News: The latest data from the China Light Industry Federation shows that in 2024, large-scale light industry enterprises achieved operating income of 23 trillion yuan, a year-on-year increase of 2.0%. The profit was achieved at 1.5 trillion yuan, an increase of 8.3% year-on-year.

2024 Light Industry Annual Operation Data Release my country's light industry economy has run well

In the past year, my country's light industry production has grown rapidly, the scale of domestic and foreign trade markets has steadily expanded, and the industrial structure has continued to be optimized and upgraded, which has strongly supported the stable growth of the industrial economy.

Production grew steadily. In 2024, the added value of light industry above a certain scale increased by 5.1% year-on-year. Among the 91 major light industry products counted by the National Bureau of Statistics, the output of 55 products achieved growth. Among them, thanks to the policy of exchanging consumer goods, the production of household washing machines, refrigerators and other products has grown rapidly.

Profits continue to improve. In 2024, the profit margin of light industry's operating income was 6.54%, an increase of 0.38 percentage points from last year, and the profit level continued to improve. Among them, profits in industries such as home appliances, batteries, sewing machinery, etc. maintained double-digit growth.

The market is expanding steadily. With the efforts and effectiveness of a series of policies to expand domestic demand and promote consumption, the vitality of the light industrial market has gradually increased. In 2024, the retail sales of 11 categories of light industry commodities were nearly 8 trillion yuan, an increase of 5.0% year-on-year. Among them, home appliances, audio-visual equipment, etc. have maintained a rapid growth trend for four consecutive months.

Exports have increased steadily. In the past year, the scale of exports of light industrial commodities has continued to expand and the structure has been continuously optimized. In 2024, the export volume of the entire industry of light industry increased by 3.6% year-on-year, maintaining a rebound trend for three consecutive months. Among the 21 major industries of light industry, exports in 13 industries increased year-on-year, and foreign trade exports remained resilient.

Innovation and upgrading to promote both production and sales in the textile industry

Light industry is closely related to our daily life, and grain, oil and food, knitted textiles, household appliances, etc. cover all fields. What kind of "power" is driving the growth of annual operating data of light industry? Taking the textile industry as an example, our reporter conducted a field visit.

Just just after the Spring Festival, this large sock market in Zhuji, Zhejiang has become lively, and buyers pulling carts and buying small bags can be seen everywhere. During the interview, the reporter learned that some products that use new materials and functional fabrics are favored by buyers.

In the past year, policies such as large-scale equipment updates and consumer goods trade-in have promoted the comprehensive upgrade of the textile industry from production to sales.

In this local socks production company, the reporter saw that more than 200 smart sock machines were running at full capacity, weaving, shaping, packaging, and running at high speed. The product line includes sports socks, business cotton socks, stockings and other categories.

The local area continues to innovate in new equipment, new materials, and new processes, providing more choices for diversification of sock functions, wearable scenarios, etc. At present, products have been exported to 121 countries and regions around the world. In 2024 alone, the annual output value of the socks industry exceeded 70 billion yuan.

Yu Juan, deputy director of the Light Textile Research Office of the Consumer Products Industry Research Institute of the Ministry of Industry and Information Technology, said: "my country has the most complete textile industry system in the world, ranking first in the world in terms of production scale and trade scale. High-performance fibers and bio-based fibers have made continuous breakthroughs. The autonomous rate of textile machinery has exceeded 75%, and the domestic production rate of key basic parts of textile high-end equipment has exceeded 50%.

2025 Young industry will continue to maintain stable operation: expand the scope of universal policies Create a good industrial development environment

China Light Industry Federation stated that as the policy of exchanging the policy of consumer goods trade-in policy will continue to emerge, and the improvement in retail sales of related light industry products will further be transmitted to the supply side. In the next step, the country will also expand the scope of universal policies, create a good industrial development environment, and provide key support to industries with greater development pressure.