Home / Knowledge / News / Textiles / Production value of large scale textile enterprises up
Production value of large scale textile enterprises up
10
Aug '09
From January to June, the big and major textile enterprises realized an accumulative production value of 1.33 trillion Yuan, up 10.72 percent year-on-year and in the first 6 months, exports of textile and apparel reached US $74.726 billion, down 10.88 percent.

Of which, cumulative exports of textiles registered $28.84 billion, a decline of 14.89 percent year-on-year, while, clothing exports totaled $45.88 billion, down 8.16 percent year-on-year. This compares favorably with a negative growth of 21.8 percent for the overall basket of exports.

Textiles exports growth from all countries put together has maintained a negative trend, but the Chinese textile industry was able to maintain and consolidate its export share in international markets, despite the economic crisis affecting most of its overseas markets.

According to the data from Textile Office of the US Department of Commerce, from January to May this year, US textile and apparel imports from global markets fell by 14.12 percent year-on-year, of which imports from China dropped by 3.72 percent.

However, imports from China accounted for 34.74 percent of US imports from the world, a growth of 3.75 percent over the same period last year, which goes to show the competitiveness of the domestic textile sector vis-à-vis that of other countries.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

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

Wendell Rodricks
Wendell Rodricks

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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