Silk market in the pink – reveals Annual Report 2004 – 2005
15 Dec '05
1 min read
Elaborate facts and figures describe Chinese silk market as the leading one in 2004. The report also mentions situation of Chinese silk industry detailing major product output, profit features and development of enterprises under several systems.
On the grounds of study of Chinese silk market in 2004, report gives a broad evaluation of market competitiveness of major and growing enterprises.
Special features of this report are: silk production and total industrial production value in China in 2004 increased by more than 150 percent over 2003. Enterprises not owned by state had a significant say in Chinese silk market in 2004.
As the regional competition turned on the heat during 2004, a growth in silk production, profits in total production and profits in the market was visible.
Though China leads the world silk market, it has tough time to see in terms of development in product technology and production industrialization in global market.
Therefore, advanced application and industrialization strategy are necessary for China to develop its silk market.