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    Hubei Textile Industry &Nbsp, Leapt To 100 Billion Yuan Industry.

    2011/12/12 9:35:00 20

    Hubei'S Textile Industry Has Jumped To 100 Billion Yuan.

    Hubei

    Spin

    The industry has exceeded 100 billion yuan of industrial targets and the total industrial output value is more than 120 billion yuan.

    This is the reporter learned from yesterday's Fifth China Textile Economic Forum held in Han Dynasty.


    Yesterday, from the China Textile Industry Federation and the State Council

    Development

    Experts and scholars from research centers and other institutions gathered at Wuhan Textile University to discuss the development strategy of the textile industry in the 12th Five-Year.


    China Textile Industry Development Report (2010/2011) data show that, at the end of 2010, Hubei textile industry

    Total output value

    Over 120 billion yuan, an increase of about 41% over the same period, exceeding the average growth level of 27% in the whole country.

    The textile industry in Hubei has leapt to 100 billion yuan and overfulfilled its target. Now it ranks the top 10 in the whole country, but it still has a big gap compared with the eastern developed areas.


    "In the next 5 years, dyed weaving, knitting, dyeing and finishing, clothing will be the key development direction of Hubei textile industry.

    At the same time, we will focus on cultivating local brand leading enterprises, and expand the industrial chain through the regional cooperation with the Wuhan city circle, and shift the production base to revitalize the Han style clothing.

    Pan Huiming, vice president of Wuhan Textile University, said in his keynote speech.


    It has been revealed that in recent 10 years, Chinese clothing consumption has seen an astonishing growth.

    Last year alone, its growth rate was about 25%, significantly higher than the 15% growth rate of the total retail sales of consumer goods.

    In recent 5 years, the per capita clothing expenditure of Chinese residents has increased by about 16%, or even more than the per capita GDP growth rate (about 11%).

    "Moreover, in the years when CPI is rising, the price index of clothing is the slowest growth, even falling."

    Du Yuzhou, honorary president of China Textile Industry Federation, said.

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