In 2019, affected by various factors at home and abroad, the overall growth rate of China’s consumer goods industry showed a continued slowdown. The cumulative industrial added value increased by 4.63% year- on-year, and the growth rate was 1.13% lower than that in 2018. Exports and profits increased significantly. Decline, the fixed asset investment industry is highly differentiated. Consumer goods industry enterprises are gradually upgrading to “service-oriented manufacturing” development mode, the industrial structure is continuously optimized, the new kinetic energy field maintains rapid growth, the pace of industry integration is accelerating, and the emergence of world-class brand enterprises is accelerating. Various sub-sectors have shown differentiated growth. The light industry has achieved a stable momentum and a good operating trend of rising efficiency, leading the entire consumer goods industry; the growth of the food and pharmaceutical industries has slowed; the main economic operation indicators of the textile industry have shown a slowdown. Looking forward to 2020, the global economy will face the risk of contraction, and the consumer goods industry will continue to move forward in twists and turns. The “reverse globalization” trend, Sino-US economic and trade frictions, the new crown pneumonia epidemic and other uncertain risk factors that restrict economic growth still cannot be ignored.
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