Home / Knowledge / News / Textiles / Growth of China's textile & apparel industry may slowdown
Growth of China's textile & apparel industry may slowdown
Nov '11
China's textile and apparel industry has witnessed a steady growth in recent years, but now it appears that there might be a slowdown.

During the first three quarters of the current year, China's textile industry achieved more than 30 percent annual growth in output. The sales value of large textile enterprises also saw a rise of 29 percent year-on-year.

Similarly, China's textile and apparel exports registered US$ 186.19 billion from January to September, up 24 percent year-on-year. However, Chinese apparel export prices were affected due to rising costs and structural adjustment of exported products.

Some of the reasons that may lead to a slowdown in China's textile industry are the bleak global textile market, volatile prices of textile materials, appreciation of the Renminbi, power crisis in China, and the increasing cost of labour.

Exports play a dominant role in the growth of Chinese textile industry. China's export of textile and garments is affected owing to the worsening debt crisis and budget deficit in developed countries.

It appears that all these reasons will together contribute to a slowdown in Chinese textile and apparel industry in the coming months.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Apparel/Garments | On 20th Jan 2017

Fashion etailer Fynd to offer Yepme product offerings

Online fashion retailer Fynd has signed a partnership with Yepme,...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search