Home / Knowledge / News / Textiles / China's textile industry profit growth slows in Q1
China's textile industry profit growth slows in Q1
May '14
The profit growth of textile industry in China slowed down a little bit in the first quarter of the current year, although the profits of large-scale textile enterprises continued to expand, according to the China Textile Industry Association.
In the first quarter, the performance of China’s textile industry was generally stable and operating efficiency improved compared to the same period last year. Growth was seen in industrial production, exports, domestic sales, investments as well as profits, but there are still many risks in the future.
In the first three months, China’s textile industry saw a total increase in profit of about one percent year-on-year, a slowdown of nearly 5 percent compared to 2013 full year profit growth rate.
During the same period, Chinese textile industry’s investment in fixed assets grew by around 13 percent year-on-year, which was 3.65 percent lower than the investment growth rate of 16.65 percent registered a year earlier. In terms of regional investment structure, the growth rate of investment in the eastern part of China was significantly higher than the central and western regions.
Industry experts point out that the risk remains in the future as the growth rate of production, domestic demand, exports and investment has slowed down on the one hand, while international competition has intensified, which can be seen from the fact that China’s share in the US and European markets has declined.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

December 2016

December 2016

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


Browse Our Archives


Advanced Search