Sign in | Join free

Chinese industrial textiles shine in 2013

Chinese industrial textiles shine in 2013 Source:
Date: 05-01-2014
Visits: 310
Very Poor

Despite the Chinese textile industry showing slow growth rate due to weak recovery in major economies abroad, the industrial textiles segment turned out to be the fastest growing in 2013, mainly because of the policy support for the use of industrial textiles in national infrastructure building, environmental management, health care and other sectors.
The Textiles Industry data from the National Bureau of Statistics shows that from January to August 2013, the growth rate of industrial textiles was 13.7 percent, about 4.5 percent higher than the growth rate of the entire textile industry.
However, the profit margin of industrial textiles segment was only marginally higher at 4.7 percent than the textile industry average of 4.6 percent.
From January to August 2013, the total exports of all types of industrial textiles were valued at US$ 12.86 billion, up 5.1 percent year-on-year.
During the eight-month period, the industry invested 26.92 billion yuan in fixed assets, up 18.55 percent year-on-year, which includes investment for 447 new projects, an increase of 14.91 percent year-on-year.
At present, China’s industrial textiles industry is in good shape, but because the industry started late there is still a gap compared with the developed countries.
The 12th Five Year Plan clearly lays stress on strengthening the technical textiles industry research, and improving technological progress and innovation.
Enterprises need to increase innovation and constantly overcome technical bottlenecks for improving product quality and production efficiency in order to ensure future growth of the industrial textiles industry.
In future, industrial textiles sector in China is likely to show healthy, green and rapid development.
like 135 Unlike 15
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32366 Users
have already joined Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Enter the code
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
Members Login
Already registered
Forgot your password
golden fees
Enter your e-mail address
Choose your room