Market | Behind The Amazing Figures Of China's Textile Industry
China’s textile industry, from big to strong, in terms of total output, export value or retail sales, China’s textile industry is the largest in the world, with an annual output of fiber alone reaching 58 million tons, accounting for 50% of the world’s total output. The export value of textiles and clothing reached 316 billion US dollars, accounting for more than 1/3 of the total global exports; the retail scale exceeded 672 billion US dollars… Behind these figures, China’s huge textile industry supply. Its success is based on a solid foundation, continuous innovation, developing new technologies, pursuing a green strategy, understanding global trends, investing heavily in research and development, and individualized and flexible production.
Since 2010, China has been the world’s largest manufacturing country for 11 consecutive years, and the only country that plays an important role in all industry sectors. According to the data, 5 of China’s 26 manufacturing industries are among the most advanced in the world, of which the textile industry is in a leading position.
Take a Chinese company (Shenzhou International Group Holdings Co., Ltd.) that operates the world’s largest garment processing facility. The company produces about 2 million pieces of ready-to-wear clothing per day in its factories in Anhui, Zhejiang, and Southeast Asia, making it the world’s leading sportswear company. One of the key OEMs of the brand. Keqiao District, Shaoxing City, also located in Zhejiang, is the world’s largest textile trade cluster. Nearly a quarter of the world’s textile products are traded locally. Last year’s online and offline transaction volume reached 44.8 billion US dollars. This is just one of many textile industrial clusters in China. In Yaojiapo Village, near Tai’an City, Shandong Province, more than 30 tons of fabric are ordered every day to produce 160,000 pairs of long johns. As industry experts said, there is no country in the world that has such a rich, systematic and complete textile industry chain as China. There are both upstream raw material supplies (including petrochemicals and agriculture) and sub-sectors in each textile chain.
From cotton to fiber, from weaving to dyeing and production, a garment goes through hundreds of processes before it reaches consumers. Therefore, even now, the textile industry is still a labor-intensive industry. China is the world’s largest cotton producing country with thousands of years of textile production history. With the help of demographic characteristics, strong labor force and the opportunities brought by joining the WTO, China has continuously provided the world with high-quality and low-cost clothing.