According to a statistical review, from January to October this year, the export of textile and clothing products increased by 19.7 percent against same period last year. Of the total, textile and clothing increased by 15 and 23 percent respectively.
Despite of the fact that country's textile industry is facing all the pressure from RMB appreciation and lowered export rebate rate as well as quota limit in the EU, US and Turkey, the growth rate in export still is about 20 percent. However, experts thought that the export of Chinese textile industry would continue to grow slowly, even if the growth rate is slack.
This year, demand in the domestic market has seen a surge, adjusting the textile industry for some time, providing a helping hand for development.
Fibre2fashion News Desk - China
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