Textile Industry becomes a "Stabilizer" for Foreign Trade and Export

Issuing time:2018-10-09 00:00

Over the past 40 years of reform and opening up, the textile industry has maintained a steady and healthy development, played a stabilizer role in previous economic fluctuations, and the status of the pillar industry has not been shaken.

In 1978, the textile industry exported US $2.154 billion, accounting for 22.1% of the country's total exports; in 1994, China became the world's largest exporter of textile and clothing products and has remained so far; in 2017, textile and clothing exports amounted to US $274.51 billion, 127.4 times the 1978 figure.

Accounting for 12.13% of the country's total exports, 36.8% of the total global textile and clothing trade, the industry's net foreign exchange earnings of $241.9 billion, accounting for 57.3% of the country.

Textile industry is committed to improving people's livelihood and serving the people.

In the areas of people's livelihood, such as clothing, food, housing, and transportation, clothing can best meet the needs of people's livelihood, and the status of the people's livelihood industry is becoming increasingly.

In 1978, the textile industry employed 3.112 million people, accounting for 7.2 percent of the country's industrial enterprises.

In 2017, the number of employed people in the whole industry exceeded 20 million.

In 2015, 9.462 million people were employed in enterprises above the national scale, accounting for 10 percent of the country's total.

The textile industry and the vast number of textile enterprises rely on the platform of the Canton Fair and the bridge to the world.

As a window for China to look into the world and for the world to understand China, the Canton Fair has witnessed and contributed to the great achievements of China's textile industry as a powerful textile power in the world.

With the continuous development of reform and opening up, the Canton Fair will also provide opportunities for more small and medium-sized textile and garment enterprises to open up the international market.

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