Many industry experts from developed economies reckoned that textile industry was a sunset industry in 1980, but in fact, 30 years of history shows the textile industry is not a sunset industry, but instead, it has become a sunrise industry.
In the last 30 years, global processing capacity of textile fiber has increased from 32 million tons in 1980 to present 74-76 million tons.
However, in the 30 years, production of many textiles has made a great shift in the world. Now, processing of many high-end products and industrial textiles has shifted or continues to shift into China from developed economies.
In China too, textile processing is shifting from eastern coastal areas to central and west areas, while processing of middle and low-end clothing and home textiles has started to migrate from China to South and Southeast Asian countries.
However, it is expected that, industrial textiles industry will see rapid development and will add value to the Chinese textile sector in the near future as the industry is under great development.
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