Home / Knowledge / News / Textiles / China's textile production growth rate likely to slowdown
China's textile production growth rate likely to slowdown
06
Nov '13
The growth rate of textile production in China is likely to slowdown in the remaining months of this year, according to analysts.
 
In the first nine months of 2013, China’s total textile industry production maintained growth, but the growth rate continued to slow, and analysts expect the growth rate to further reduce slightly this year.
 
From January to September 2013, Chinese textile industry industrial added value increased by about 9 percent year-on-year, which was slightly lower than the first half. While the textile sector production increased by approximately 9 percent year-on-year, garment sector output rose by approximately 8 percent and man-made fibre industry output grew by 1 percent year-on-year.
 
During the same period, the rate of growth of output of main categories of Chinese textile products generally declined compared to the same period last year.
 
According to analysts, the domestic demand for textiles and clothing is expected to generally remain stable this year, and scope for improvement is limited due to the low level of consumer confidence.
 
Meanwhile, the Chinese textile industry has basically completed the ‘second five’ emission reduction targets. However, the companies are still under pressure to further reduce emissions.
 

Fibre2fashion News Desk - India


Must ReadView All

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Maharashtra govt to help textile units set up solar plants

Textiles | On 21st May 2018

Maharashtra govt to help textile units set up solar plants

The state government of Maharashtra has formed a panel to help set up ...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Top executives
Textile industry

GST has levelled the playing field to an extent

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Mohammad Hassan
Biax Fiberfilm

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search