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Market share in domestic markets on upswing
22 Dec '09
1 min read
Domestic market share of textile and clothing products is rising. In the first half of this year, domestic market share of big and major enterprises for the first time exceeded 80 percent.
Vice President of the Association of China Textile Industry, Sun Rui Zhe predicts that domestic market share of these big and major enterprises will reach 83 percent by 2010, according to the current pace of development and is likely to cross 85 percent by 2015.
Domestic market will be the most important market for China's textile and garment industry. Domestic demand has achieved rapid growth and in addition and export growth rates too are reviving since October which all put together will help in the recovery trend of textile industries.
Vice President of the Association of China Textile Industry, Sun Rui Zhe predicts that domestic market share of these big and major enterprises will reach 83 percent by 2010, according to the current pace of development and is likely to cross 85 percent by 2015.
Domestic market will be the most important market for China's textile and garment industry. Domestic demand has achieved rapid growth and in addition and export growth rates too are reviving since October which all put together will help in the recovery trend of textile industries.
Fibre2fashion News Desk - China
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