In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the various sectors of the textile industry, according to the China National Textile and Apparel Council.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
Investment in the industrial textiles sector grew by 21.13 percent year-on-year to 19.19 billion yuan.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
From January to May 2013, the main business income of large scale industrial textile enterprises rose by 19.76 percent year-on-year to 89.87 billion yuan, while profits increased by 27.04 percent year-on-year to 4.7 billion yuan.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
During the five-month period, Chinese industrial textiles exports grew by 6.16 percent to US$ 7.97 billion.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
In 2013, China’s economic growth continued to slow down, due to sluggish recovery in major economies abroad, and industrial textiles industry faces complex situation.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
However, the positive factors supporting development of the industrial textiles still exist. The huge domestic market is the main driving force to promote the industry’s growth. The increase in infrastructure construction, environmental management, health care and other inputs provide a vast domestic market for industrial textiles.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
In the future, investments in these areas will be further increased, which is expected to boost demand for industrial textiles.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
According to a survey by the China National Textile and Apparel Council, market demand for industrial textiles continues to grow, and both production and sales are witnessing rapid growth, stimulating more investment in the industry than last year.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
On the export side, if the industry can consolidate its position in traditional markets, and increase exports to emerging market, the annual industrial textile exports can maintain a growth rate of about 10 percent.
In the first half of this year, Chinese industrial textiles sector grew at 14.4 percent year-on-year, posting the highest growth rate among the #
Fibre2fashion News Desk - India