China Textile City Construction Management Committee released the "Analysis of China Textile City's Economic Situation in the First Half of the Year" (hereinafter referred to as "Analysis") on the 8th. From January to June this year, China Textile City market group achieved a turnover of 113.901 billion yuan ( RMB, the same below), a year-on-year increase of 27.64%. Among them, the online transaction volume was 35.023 billion yuan, a year-on-year increase of 41.23%.

China Textile City is located in Keqiao District, Shaoxing City, Zhejiang Province. It has more than 30,000 textile business households and handles more than 50,000 varieties. It is a large cloth distribution center in Asia. In the context of the global new crown epidemic is still spreading, many indicators of this market are showing a growth trend. "Analysis" pointed out that behind the "half-year red", the new model of market trade procurement and exhibitions are indispensable.