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

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Frank Gossmann
Rotorcraft AG

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

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search