In 2014, textile enterprises above designated size in Hubei Province realized industrial value added of CNY 88.89 billion, according to the textile division of Hubei Economy and Information Technology Commission.

The scale of the industrial value added is 2.34 times that at the end of the 11th Five-year Plan period (2006-2010), rising at an annual average of 23.7%, surpassing the targets of CNY 87 billion of industrial value added and 18-percent annual growth rate set in the 12th Five-year Plan (2011-2015).

Meanwhile, the local textile industry generated prime business revenue of CNY 311.13 billion and total profits of CNY 14.22 billion, up 237% and 262% respectively over that in 2010, with annual average growth up to 24.1% and 27.3%, surpassing the targets set in the 12th Five-year Plan: prime business revenue grows at annual average of 18% to CNY 300 billion and total profits grows at 19% annually to CNY 13 billion.

Source: China Textile Leader Express