Home / Knowledge / News / Textiles / 'Textile industry has helped improve livelihood of Chinese people'
'Textile industry has helped improve livelihood of Chinese people'
15
Nov '11
The textile industry in the country has played an important role in improving the livelihood of Chinese people, according to China Textile Industry Association.

During the ten years since China joined the World Trade Organization (WTO) in 2000, the number of entrepreneurs in the Chinese textile industry have doubled. Compared to 13 million entrepreneurs in 2000, there were about 22 million entrepreneurs in 2010, 80 percent of whom were cotton growers. Thus, the textile industry has generated employment opportunities during the decade.

President of China Textile Industry Association Du Yuzhou said the textile industry in the country had been able to meet the increasing domestic demand. From 2000 to 2010, the share of major textile enterprises in domestic sales grew from around 67 percent to 82 percent.

Growing at an average annual rate of approximately 15 percent, China's textile and garment exports increased by 3 times in 2010 compared to 2000. In terms of the country's share in global textiles and apparel trade, it increased to more than 33 percent in 2010 from around 15 percent in 2000.

During the same period, the comparable price of local production increased 5.64 times. While the national consumer price index showed a rise of 25.53 percent during the ten-year period, the clothing consumer price index declined by 9.21 percent.

The China Textile Industry Association President said the industry will continue to innovate and expand in the domestic market, as per the requirements of the Twelfth Five-Year Development Plan.

Fibre2fashion News Desk - China


Must ReadView All

AAFA hails passage of Miscellaneous Tariff Bill in US House

Apparel/Garments | On 24th Jan 2018

AAFA hails passage of Miscellaneous Tariff Bill in US House

The American Apparel & Footwear Association (AAFA) has applauded the...

India’s yarn, fabrics, made-ups imports rise 20% in Dec

Textiles | On 24th Jan 2018

India’s yarn, fabrics, made-ups imports rise 20% in Dec

India’s imports of yarn, fabrics and made-up articles during December ...

India’s Liberty Shoes plans adding 50 stores by 2019

Apparel/Garments | On 24th Jan 2018

India’s Liberty Shoes plans adding 50 stores by 2019

Indian footwear major Liberty Shoes is preparing to open about 50...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search