Home / Knowledge / News / Textiles / 'Textile sector not a sunset industry' – President, CNGA
'Textile sector not a sunset industry' – President, CNGA
13
Feb '09
Mr. Du Yuzhou, President, CNGA
Mr. Du Yuzhou, President, CNGA
The state council recently cleared the proposals for the revival plans for the textile and clothing sector of the country, among which contained a proposal for increasing the export tax rebate from 14 percent to 15 percent, which created a sense of euphoria amongst the exporting community of the industry.

Commenting on the plan, Mr. Du Yuzhou, President, China National Garment Association said, "The plan stresses the important role of the textile industry in the overall context of the economy and its international competitive advantage, reflecting that the textile industry is not a sunset industry."

Du Yuzhou added by saying, "Internationally competitive advantage of China's textile industry still remains very obvious. Over the past 8 years, price growth in textile exports has been maintained at 8 percent, realized from a 12 percent growth in labour productivity annually and also increased employment in the sector by 5.8 percent annually.

Du Yuzhou continued by saying, “The sector should take efforts to realize three main goals in the next three years, namely, exports should grow at an annual growth rate of 8 percent, textile industry should grow at an average of 13 percent and clothing consumption in domestic market should maintain an average rate of 20 percent.”

All this put together, he said, had the capacity to add and create two million new jobs, if these three objectives could be achieved. Incidentally, the head count of labour working in the textile and garment industry has increased from 337 million in 1978 to over 2,000 million at present, of which about 80 percent are from rural areas.


Fibre2fashion News Desk - China


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

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

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


June 2018

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

news category


Related Categories:

Advanced Search