Home / Knowledge / News / Textiles / China's textile industry performance stable in Jan-Sept'13
China's textile industry performance stable in Jan-Sept'13
01
Nov '13
The performance of China’s textile industry has remained stable during the first three quarters of the current year, and the main operating indicators have achieved steady growth, the China Textile Industry Association said in its report on the economic operation of the textile industry from January to September 2013.
 
While manufacturing growth rate was lower than the same period last year, exports and other economic indicators of growth picked up steadily compared to the same period last year.
 
According to the National Bureau of Statistics, from January to September, Chinese textile industry’s industrial added value increased by 8.6 percent year-on-year, slightly lower than the first half. While the textile industry grew by 9.2 percent, the apparel and chemical industries showed an increase of 7.5 percent and 10 percent, respectively.
 
From January to September, fibre, yarn, fabric and garment production of large-scale man-made textile enterprises reached 30.461 million tons, 25.762 million tons, 49.428 billion metres and 19.392 billion pieces, respectively, growing at 7.47 percent, 7.45 percent, 7.12 percent and 0.73 percent over the corresponding period of previous year.
 
Although exports grew at a faster rate than last year, the year witnessed a fluctuating trend. During the first three quarters, China’s textile exports grew at 10.96 percent year-on-year to US$ 84.223 billion, while apparel exports rose at 12.25 percent year-on-year to US$ 131.088 billion. The first half of the year showed an overall slowdown in export momentum, and performance picked up in July and August, only to fall again in September.
 
At present, the international market economy is basically stable, and export environment does not show volatility, and China’s textile and apparel exports are likely to grow at about 10 percent.
 
Demand is expected to remain stable in Chinese domestic market, however, improvement space is limited due to low level of consumer confidence.
 
Combining both internal and external market conditions, Chinese textile industry efficiency situation is basically stable.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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