A multitude of indexes indicate that China textile industry is showing restorative momentum, says CNTAC vice president Mr. WangTiankai. More than 50 thousand over-scale textile industry companies reaches overall output value 1350 billion dollars which is a 5.2% increase year-on-year. Meanwhile, although the textile products export accelerating rate is winding down, the overall global share still remains stable also accompanied by a 4% increase in US market.

Domestic sale reaches 1050 billion yuan in the first five months which is a 10% growth on an annual basis. Apparel market also shows signs of snapping back which in turn would effectively pulling up overall textile industry.

Source: China Textile Leader