China’s textile economy information in 2022

In the first half of 2022, unexpected and unexpected factors such as the rebound of the domestic new crown epidemic and international geopolitical conflicts will have an impact on my country's economic operation, and the development will face constant risks and challenges. In this context, crude oil prices fluctuated at high levels, downstream demand continued to be sluggish, and the overall production and operation situation of the chemical fiber industry was grim. The carbon fiber industry is supported by the steady growth of downstream demand, especially under the "dual carbon" goal, the application of carbon fiber in wind power, photovoltaic, hydrogen energy storage and transportation, and other fields continue to expand, and the industry maintains a good development as a whole.