Home / Knowledge / News / Textiles / 7.5 million jobs insecure in textile sector
7.5 million jobs insecure in textile sector
01
Jul '09
The China Textile Industry Association released its "Annual report of social responsibility of China's textile and garment industry (2008-09). According to the report, big companies have been badly hit by the crisis, creating job insecurity for as many as 7.5 million workers.

This is the third annual report on corporate social responsibility released by the China Textile Industry Association. China's textile enterprises employ more than 20 million directly and indirectly and it provides livelihood to another 100 million people and is considered the biggest industrial employment generator.

Business environment of China's textile enterprises has been deteriorating since 2008, with industry profits rapidly declining. The industry for the first time saw a negative growth since 2003 and the first two months of 2009 alone, the number of loss-making big textile enterprises reached 12,644.

According to the report, as of November 2008, shrinking employment situation of the industry became quite obvious, as employment in large-scale enterprises fell by 1.24 percent year-on-year, excluding the small and medium-sized textile enterprises that have been even more seriously hit.

According to the latest data, China's textile industry showed improvement over the first quarter, but employment levels stays at the bottom. From January to May this year, exports of textile products declined 1.42 percent year-on-year, while the drop in the first two months was as high as 17.18 percent.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Marcel Alberts
Eurofibers

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks
Wendell Rodricks

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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