Prospects for the textile and clothing industry in China
China is the world's largest producer and exporter of textiles and clothing, and its textile and clothing industry has played a significant role in the country's economic development. The industry's success can be attributed to high productivity, an emphasis on training and the development of skills, investment in modern manufacturing machinery, a loyal workforce and an ambitious entrepreneurial spirit. Operations in the industry are extensive and range from the production of raw materials to the manufacture of finished goods. Most of the world's leading clothing brands have manufacturing links with China. In addition, factories owned or part-owned by foreign investors have played a significant role in the development of the industry, and such factories now account for around 33% of the industry's output. Further impetus will be provided by the government's economic policy of encouraging consumers to save less and spend more. However, wage levels have risen strongly and are already markedly higher than in most other countries in Asia. Also, the industry could suffer a loss of competitiveness if the renminbi is revalued. China also suffers from an ageing population as a result of the country's one-child policy and there may not be enough young people to recruit for manufacturing activities in the future. Despite these issues, China's advance in the manufacturing sector is set to continue. This report looks at the development of the textile and clothing industry in China, its size and structure, and fibre, textile and clothing production and consumption. The report also features: a geographical, political and economic profile; a detailed look at the country's imports and exports of textiles and clothing; the domestic market; a review of government policies and investment incentives; foreign direct investment (FDI) in the textile and clothing industry; an analysis of strengths, weaknesses, opportunities and threats (SWOT); and a look at the country's infrastructure and human resources and how these affect the textile and clothing industry.
SUMMARY
IMPORTANCE OF THE TEXTILE AND CLOTHING INDUSTRY TO THE ECONOMY OF CHINA
DEVELOPMENT OF THE TEXTILE AND CLOTHING INDUSTRY IN CHINA
CHINA: GEOGRAPHICAL, POLITICAL AND ECONOMIC PROFILE
Geographical profile
Political profile
Economic profile
CHINA: INFRASTRUCTURE
Transportation
Roads
Railways
Airports
Waterways
Seaports and river ports
Power
Telecommunications
Industrial parks
CHINA: HUMAN RESOURCES SIZE AND STRUCTURE OF THE TEXTILE INDUSTRY IN CHINA
Spinning
Weaving
Knitting
Productivity
Outlook
SIZE AND STRUCTURE OF THE CLOTHING INDUSTRY IN CHINA
CHINA: FIBRE, TEXTILE AND CLOTHING PRODUCTION AND CONSUMPTION
Fibre production
Cotton
Man-made fibres
Fibre consumption
Yarn and fabric production
Clothing production
Manufacturing costs
CHINA: DOMESTIC MARKET
CHINA: TEXTILE AND CLOTHING EXPORTS
Exports of raw cotton and cotton textiles
Raw cotton
Cotton yarn and thread
Cotton fabric
Textile and clothing exports by major export destinations
Textile exports by destination
Clothing exports by destination
Outlook
CHINA: TEXTILE AND CLOTHING IMPORTS
Textile imports
Clothing imports
Imports of cotton products
Textile imports by supplying country
CHINA: IMPORTS AND EXPORTS OF TEXTILE MACHINERY
CHINA: FOREIGN DIRECT INVESTMENT (FDI) IN THE TEXTILE AND CLOTHING INDUSTRY
TEXTILES AND CLOTHING IN CHINA: GOVERNMENT POLICIES AND INVESTMENT INCENTIVES
Government policies
Foreign investment policies
Investment incentives
TEXTILES AND CLOTHING IN CHINA: STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS
Strengths
Weaknesses
Opportunities
Threats
IMPORTANCE OF THE TEXTILE AND CLOTHING INDUSTRY TO THE ECONOMY OF CHINA
DEVELOPMENT OF THE TEXTILE AND CLOTHING INDUSTRY IN CHINA
CHINA: GEOGRAPHICAL, POLITICAL AND ECONOMIC PROFILE
Geographical profile
Political profile
Economic profile
CHINA: INFRASTRUCTURE
Transportation
Roads
Railways
Airports
Waterways
Seaports and river ports
Power
Telecommunications
Industrial parks
CHINA: HUMAN RESOURCES SIZE AND STRUCTURE OF THE TEXTILE INDUSTRY IN CHINA
Spinning
Weaving
Knitting
Productivity
Outlook
SIZE AND STRUCTURE OF THE CLOTHING INDUSTRY IN CHINA
CHINA: FIBRE, TEXTILE AND CLOTHING PRODUCTION AND CONSUMPTION
Fibre production
Cotton
Man-made fibres
Fibre consumption
Yarn and fabric production
Clothing production
Manufacturing costs
CHINA: DOMESTIC MARKET
CHINA: TEXTILE AND CLOTHING EXPORTS
Exports of raw cotton and cotton textiles
Raw cotton
Cotton yarn and thread
Cotton fabric
Textile and clothing exports by major export destinations
Textile exports by destination
Clothing exports by destination
Outlook
CHINA: TEXTILE AND CLOTHING IMPORTS
Textile imports
Clothing imports
Imports of cotton products
Textile imports by supplying country
CHINA: IMPORTS AND EXPORTS OF TEXTILE MACHINERY
CHINA: FOREIGN DIRECT INVESTMENT (FDI) IN THE TEXTILE AND CLOTHING INDUSTRY
TEXTILES AND CLOTHING IN CHINA: GOVERNMENT POLICIES AND INVESTMENT INCENTIVES
Government policies
Foreign investment policies
Investment incentives
TEXTILES AND CLOTHING IN CHINA: STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS
Strengths
Weaknesses
Opportunities
Threats
LIST OF TABLES
Table 1: China: political and economic profile, 2014
Table 2: China: economic indicators 2010-12
Table 3: China: area planted to cotton and cotton production, 2008-12
Table 4: China: synthetic fibre production, 2008-12
Table 5: China: yarn and fabric production, 2008-12
Table 6: China: production of fabric by fibre type and clothing, 2008-12
Table 7: Brands manufactured in China, 2011
Table 8: China: consumer expenditure on clothing per head, 2007-12
Table 9: China: textile and clothing exports, 2000-13
Table 10: China: exports of raw cotton, cotton yarn and thread, and cotton fabric, 2008-12
Table 11: China: textile and clothing exports by destination, 2009-12
Table 12: China: textile exports by leading destination, 2009-12
Table 13: China: clothing exports by leading destination, 2009-12
Table 14: China: textile and clothing imports, 2000-13
Table 15: China: imports of raw cotton, cotton yarn and thread, and cotton fabric, 2008-12
Table 16: China: textile imports by leading supplier, 2009-12
Table 17: China: imports and exports of textile machinery, 2007-13
Table 18: China: fixed asset investment in the textile and clothing industry 2008-12
LIST OF MAP
China
Table 1: China: political and economic profile, 2014
Table 2: China: economic indicators 2010-12
Table 3: China: area planted to cotton and cotton production, 2008-12
Table 4: China: synthetic fibre production, 2008-12
Table 5: China: yarn and fabric production, 2008-12
Table 6: China: production of fabric by fibre type and clothing, 2008-12
Table 7: Brands manufactured in China, 2011
Table 8: China: consumer expenditure on clothing per head, 2007-12
Table 9: China: textile and clothing exports, 2000-13
Table 10: China: exports of raw cotton, cotton yarn and thread, and cotton fabric, 2008-12
Table 11: China: textile and clothing exports by destination, 2009-12
Table 12: China: textile exports by leading destination, 2009-12
Table 13: China: clothing exports by leading destination, 2009-12
Table 14: China: textile and clothing imports, 2000-13
Table 15: China: imports of raw cotton, cotton yarn and thread, and cotton fabric, 2008-12
Table 16: China: textile imports by leading supplier, 2009-12
Table 17: China: imports and exports of textile machinery, 2007-13
Table 18: China: fixed asset investment in the textile and clothing industry 2008-12
LIST OF MAP
China
