Entering text into the input field will update the search result below

CRI-Report on China's Textile Industry Operation 2010-2011

Apr. 27, 2011 10:13 PM ET
Eileen Gu profile picture
Eileen Gu's Blog
67 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

 cri-report.com - In 2010, under the circumstances that the influence of the international financial crisis on the industry was not completely eliminated, the economic operation of China's textile industry maintained a favorable situation. The domestic market was continuously brisk and the industry's contribution to domestic sale was enhanced; the industry enjoyed steadily rising operation quality and continuously improved profitability; output value, output and investment recovered steadily, the market consumption confidence was enhanced gradually, and the total exports recovered gradually. 

 
In January – November, 2010, China's textile industry realized the cumulative sales income of CNY 2.53 trillion, increasing by 28.24% YOY at the rate rising by 17.92% over the same period of 2009. By the end of 2010, the total assets in China's textile industry were CNY 1.83 trillion, increasing by 17.08% YOY at the rate rising by 6.74% over the same period of 2009; the number of enterprises was 33,218, increasing by 1,126 over the same period of 2009; the average number of employees was 6.11 million, increasing by 32,700 over the same period of 2009. 
 
In 2010, China's textile industry saw a continuous rise in growth rates of output and sales as well as a significant supporting role of the domestic market. In January – November, 2010, China's textile industry realized the cumulative sales of CNY 2.52 trillion, increasing by 27.16% YOY at the rate rising by 17.70% over the same period of 2009. 
 
In 2010, driven by global economic recovery and the full recovery of the textile industry, the investment confidence of China's textile industry recovered and the fixed assets investment grew rapidly. In 2010, China's textile industry realized the cumulative fixed assets investment of CNY 222.98 billion, increasing by 26.40% YOY at the rate rising by 11.60% over the same period of 2009. 
 
 
More following information can be acquired from this report:
-Development of China's Textile Industry
-Production of China's Major Textile Products
-Import and Export of Textile Products
-Hot Events of China's Textile Industry
 
Following people are recommended to buy this report:
-Textile Enterprises
-Textile Trade Enterprises
-Investors Focusing on China's Textile Industry
-Research Institutions Focusing on China's Textile Products
 

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.