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Chinese citizens will spend more on clothing - Experts
05 Feb '13
1 min read
People’s demand for clothing, in general, has a direct relation to the nation’s per capita Gross Domestic Product (GDP), according to market analysts.
According to international experience, when the per capita GDP is less than US$ 3,000, people’s demand for clothing is mainly for keeping themselves warm.
However, when the per capita GDP is in the range of US$ 3,000-5,000, the demand for clothing will greatly increase and people will seek clothing items for fashion, health and comfort.
At present, per capita GDP in China is just over US$ 5,000, and therefore the Chinese citizens’ demand for clothing and other textiles will further increase, according to experts.
Fibre2fashion News Desk - China
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