Textile and Apparel

Industry of China
Malik Umair
ID: 11607178
Key Lab of Fine Chemicals

CHINAS OVERVIEW
COUNTRY ESTIMATES
Area
Population

Economy

Investment
Urbanization

Labor force

Electricity
Textile Industry
contribution to GDP

9,596,960 sq km (Land:9,326,410 sq km,

Water:270,550 sq km)
1,355,692,576 (July 2014 est.)
GDP: $10.02 trillion (2014 est.)
GDP growth rate: 7.3%
GDP (PPP):$13.39 trillion (2013 est.)
GDP - per capita (PPP):$9,800 (2013 est.)
46.1% of GDP (2012 est.)
50.6% of total population (2011)
797.6 million
Agriculture:33.6%
Industry:30.3%
Services:36.1%
Installed generating capacity:1.247 billion kW
(2013 est.)
7.11% (2011)

INDUSTRY OVERVIEW

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China is the worlds top textile exporter with 40% of world

textile and clothing exports.
The textile and clothing industry is the largest
manufacturing industry in China with about 24,000
enterprises.
China's textile exports fell for the first time in six years in
2015:
sluggish economies of export destinations
rising labor costs in China
increase in overseas investment
yuan's year-on-year appreciation
Majors export destinations are Europe, U.S. and Japan.

INDUSTRY OVERVIEW

China's fastest growing export market is now the ASEAN

region, which increased by 30.15 percent, making the region
China's third largest apparel export market.

China has started investing in countries like Bangladesh,

Vietnam, India and Cambodia as well as member countries
of Trans-Pacific Partnership (TTP). In 2015, China's imports
oftextile products from Vietnam jumped 18% to$2.5 billion

Attempts at government intervention are not always

successful for example, China' policy on cotton purchasing
to support the local cotton industry led to a stockpile of 11
million tons by late 2013 and a cotton price about RMB
5,700 per ton higher than the international market price.

INVESTMENT

EXPORTS

DOMESTIC BUSINESS

FORECAST

FORECAST

POLICY

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On 24th, April 2012, China unveiled Adjustment and

Revitalization Plan of Textile Industry 2011-2020. There are five
main points in this plan:
Chinas government will emphasize on expansion of domestic
consumption and stabilize international trade share.
Industry upgrading: technical innovation and domestic brand
building.
Building a greener industry
Moving production from the east coast to the west:
Government looks to provide more financial support for the
industry. Government has raised the export tax rebate rate
from 14% to 15% in the plan.

THANK YOU