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

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

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

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

July 2017

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

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

Yes No

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

Yes No

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


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



X