Currently, due to the continued spread of mutated COVID-19 viruses, many countries have been forced to re-impose emergency lockdown measures, increasing the uncertainty of global economic recovery. China's industrial textile industry has been impacted by a combination of sporadic domestic outbreaks, floods, and production and power restrictions. Especially affected by the high base effect of the same period in 2020, the industrial added value of large-scale enterprises in the industry from January to October 2021 continued to decline, with a decrease of 20.4%, but the average growth rate over two years still reached 12.4%.

 In terms of production, from January to October, the output of non-woven fabrics by large-scale enterprises reached 5.007 million tons, a year-on-year decrease of 1.7%; the output of curtain cloth was 0.673 million tons, a year-on-year increase of 26.9%.

 In terms of economic benefits, from January to October, the operating income of large-scale enterprises in the industrial textile industry decreased by 14.6% year-on-year, with an average growth of 13.1% over two years; the total profit decreased by 62.7% year-on-year, with an average growth of 17.4% over two years; and the operating profit margin was 5.3%, down 6.8 percentage points year-on-year.

 By sector, the operating income and total profit of the non-woven fabric industry decreased by 23.9% and 73.6% year-on-year respectively, with an operating profit margin of 5.2%, down 9.8 percentage points year-on-year; the operating income and total profit of the rope, cordage, and cable industry increased by 12.1% and 9.6% year-on-year respectively, with an operating profit margin of 4.1%, down 0.1 percentage point year-on-year; the textile belts and curtain cloth market showed a good development trend, with operating income and total profit increasing by 20.2% and 85.2% year-on-year respectively, and the operating profit margin reaching 5.4%, up 1.9 percentage points year-on-year; the operating income and total profit of tarpaulins and canvas increased by 25.9% and 27.7% year-on-year respectively, with an operating profit margin of 5.9%, the highest in the industry; and the operating income and total profit of other industrial textiles, including medical and health, filtration, and geotechnical textiles, decreased by 23.7% and 65.6% year-on-year respectively, with an operating profit margin of 5.3%, down 6.5 percentage points year-on-year.

In terms of international trade, from January to October 2021, the export value of the main products of the industrial textile industry basically maintained a high growth rate. In terms of export value, unnamed textile manufactured goods (mainly masks) are currently the industry's largest export product, but due to a sharp decline in foreign demand for masks, their export value has decreased by 78.2% year-on-year; exports of traditional products such as felt/tents and industrial coated fabrics increased by 54.1% and 32.9% respectively; exports of synthetic leather and leather-based fabrics increased by 46.5%. The export of non-woven fabrics and related products showed different trends: the export of rolls was US$3.77 billion, down 13.1% year-on-year; the export of chemical fiber non-woven protective clothing (including medical protective clothing) was US$2.01 billion, down 80.0% year-on-year; and the export of disposable hygiene products was US$2.01 billion, up 11.2% year-on-year.

Note: The two-year average growth rate refers to the growth rate calculated using the geometric average method, with the corresponding figure in 2019 as the base.