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China's Textile And Apparel Exports To Resume Growth In January 2017
- Feb 16, 2017 -

In the first month of 2017, China's textile and garment exports resumed growth


China Textile Import and Export Chamber of Commerce on the 10th revealed that in January 2017 China's textile and garment exports 165.58 billion yuan, an increase of 10.2%, of which textile exports 66.41 billion yuan, an increase of 11.2%; clothing exports 99.27 billion yuan, 9.5%.

In January-December 2016, China's textile and apparel trade fell by 6.1% year on year, of which exports fell by 5.9% year on year. In particular, in December, China's textile and apparel trade fell 12.1% year on year, of which exports fell 12.9% year on year.

China's textile and apparel exports continued to decline in 2016 and fell to 5.9% after falling by 4.9% in 2015. This is China's textile and garment exports in the past 20 years, the first time for two consecutive years of decline, the decline in the situation has been enlarged year by year, the industry said China's textile and garment exports have entered the adjustment cycle.

January 2017 China's textile and garment exports to pick up is gratifying. Industry experts said that as a traditional labor-intensive industries, China's textile and garment industry with scattered, large-scale gap characteristics. With the adjustment of industrial structure, transformation and upgrading of the accelerated, the current concentration of China's textile and garment export enterprises have been improved.