Dear readers:

We are now in April when Mother Nature is at her best with flora and fauna vernally luxuriant and vigorous,making me think of a verse line that reads “ You are the love,the warmth and the hope.You are this world’s April Day” from a famous poem” Shall I Compare Thee to an April Day?-An Ode to Love” .

But this year’s April is different,coupled with both charm and harm while we feel the warmth and hope of the Spring,and concurrently we see the wrath of war and the impact of the pandemic,the latter both are driving the global economy to the marshland of difficulty,leaving soothsayers more uncertain of what will be in store in the future.

Spring is beautiful in China in terms of its economic landscape and burgeoning business in addition to the vast territorial wonderlands and bio-diversity.Amid sporadically growing pandemic cases that affected social life and business activities in recent months,the national economy as a whole was performing well in the first three months of the year.The economic data of the official report were just released by the National Bureau of Statistics in mid-April,unrolling a comprehensive picture of the economic performances that wrapped up over 27 trillion Yuan with year-on-year 4.8% growth in GDP,a breakdown by 6.0% in primary sector,by 5.8% in secondary sector and by 4.0 in tertiary sector.

The troika,three drivers of consumption,investment and export,performed well along with the consumption contributing the overwhelming bulk of share by 69.4% to the national GDP growth while the investment impetus by 26.9%,leaving the export of goods and service trade at a slight 3.7%,the least contributor to the growth of gross domestic product,significantly showing a domestic market preponderance.

As the data for March in the textile industry are yet to come,the first two months witnessed 6.7% growth in the output added values in the holistic performance,and to be more exact,up by 4.9% in textile sector,11.3% in garment sector and 3 percent in man-made fiber sector.

The troika for the textile economy shows a strong driving force in export that summed up to 50.2 billion dollar worth of textiles and garment,up by 8.7 percent over the comparable period last year while the domestic retails amounted to 238.2 billion Yuan,up by 4.8 percent,and the investment in the fixed assets curved up by 36.3%,46.2% and 53.9% respectively in textile,garment and man-made fiber sectors,showing an optimistic business confidence in adding new capacities and upgrading production lines.

This edition provides some interesting articles introducing textile and clothing business in some countries in Asia,apart from our own economic fabric,ushering our readers in to understand this industry in more perspectives and to encourage business activities in more innovative and creative modality to offset the lockdowns and other social-distancing measures that have and will continue to have impacts on the global trade.

We see love,warmth and hope in April,and we see them all on the road to the future.