Home / Knowledge / News / Textiles / Large-scale Chinese home textile firms fare well in 2013
Large-scale Chinese home textile firms fare well in 2013
Dec '13
Large-scale home textile firms in China performed well this year. From January to September 2013, the 1788 large-scale firms realized main business income of 187.34 billion yuan, showing an increase of 7.6 percent year-on-year, according to the National Bureau of Statistics.
These firms together earned 46.94 billion yuan from exports, showing a year-on-year growth of 7.49 percent. They earned a total profit of 9.91 billion yuan, registering a rise of 11.5 percent year-on-year, showing a steady growth.
During the first three quarters, the 1788 large-scale home textile firms invested 35.1 billion yuan, which is a rise of 16.7 percent, showing a good growth in investment in both new projects and extension of existing units.
According to Customs statistics, the cumulative total exports of home textiles from China stood at US$ 29 billion from January to September 2013, showing an increase of 8.1 percent year-on-year. Of this, the US market accounted for US$ 6.75 billion, up 5.3 percent y-o-y, while the EU contributed US$ 4.46 billion, up 2.3 percent y-o-y.
However, China’s home textile exports to Japan declined by 5.3 percent y-o-y to US$ 2.92 billion. The rest of the world accounted for US$ 14.86 billion, up 14.5 percent y-o-y.
China’s home textiles’ exports to the emerging markets were significantly higher than the average level of exports, showing the growing trend of export market diversification. China’s home textiles’ exports to Bangladesh, Asean, Pakistan and Russia grew at 42.1 percent y-o-y, 34.2 percent, 29.8 percent, and 27.7 percent, respectively.
In the Chinese domestic market, towels showed good growth momentum, while bedding items showed sluggish growth during the nine-month period, according to the statistics of Textile Association.
In recent years, extensive media publicity has been carried out guiding consumers to adopt a healthy lifestyle, which has resulted in stable growth of towel sales in the domestic market.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Oct 2016

Kazanorgsintez picks Technip’s furnace for ethylene plant

Supplier of technology for petrochemical plants, Technip has been...

Textiles | On 22nd Oct 2016

Clariant start ups PP catalyst plant with CB&I technology

Clariant has started up a new polypropylene (PP) catalyst production...

Fashion | On 22nd Oct 2016

DLF Brands will now focus on mass apparel business

DLF company’s retail arm DLF Brands has decided to focus on the mass...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Marten Alkhagen
Swerea IVF AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

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

Tony Ward
Tony Ward

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

Ritu Kumar
Label Ritu Kumar

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search