Home / Knowledge / News / Textiles / China lowers textile industrial added value in 5-year plan
China lowers textile industrial added value in 5-year plan
Feb '12
During the “Eleventh Five-Year Plan" period, big and major textile and clothing enterprises achieved an average annual growth of 18.2 percent in industrial output value and their industrial added value increased by 12.6 percent on an average in 2011.

However, the annual growth rate of industrial added value of China's textile industry has been lowered to 8 percent on an annual average during the “12th Five-Year" period. It shows that the main development theme of textile industry has turned to the pursuit of both, quality and benefit from expansion of scale.

From an international perspective, China's textile industry is facing intensified competition both from high-end industrial chain of developed countries and low-end industry chain of developing countries.

Developed countries occupy active market position by their integrated advantages of technology, brand and supply chain. Trade protectionism has risen since the outbreak of international financial crisis, major developed countries have adopted trade remedies or added technical barriers to limit product imports from other countries.

From a domestic perspective, during the process of economic transformation and upgrading, structural labor shortage of the textile industry is increasing. The acceleration of resource-saving and environment-friendly society has provided higher requirement on the textile industry that has completed energy saving and eliminated backward technology.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search