Key Takeaways
- In 2022, China's textile industry produced 58.5 million tons of fiber, accounting for 53% of global production.
- China's yarn production reached 37.2 million tons in 2023, up 2.1% from the previous year.
- In 2021, China manufactured 28.6 billion meters of grey fabric.
- China's textile exports totaled $323.6 billion in 2022, up 7.1% year-on-year.
- In 2023, apparel exports from China reached $172.4 billion.
- Textile yarn and fabric exports amounted to $82.5 billion in 2022.
- China's textile industry employed 20.5 million people in 2022.
- Direct employment in textile manufacturing reached 12.3 million in 2023.
- Apparel sector employed 4.8 million workers in 2022.
- Industry revenue reached 5.1 trillion RMB in 2022.
- Profit margin for textile firms averaged 4.8% in 2023.
- Total assets of textile enterprises were 8.2 trillion RMB in 2022.
- China's textile firms adopted Industry 4.0 in 35% of factories by 2023.
- Smart manufacturing lines increased to 12,000 in 2022.
- Digital dyeing technology adoption reached 48% in 2023.
China's textile industry dominates global production with massive output and export volumes.
Employment Data
- China's textile industry employed 20.5 million people in 2022.
- Direct employment in textile manufacturing reached 12.3 million in 2023.
- Apparel sector employed 4.8 million workers in 2022.
- Rural migrant workers in textiles numbered 8.7 million in 2023.
- Female workers constituted 65% of the textile workforce in 2022.
- Average wage in textile industry was 52,300 RMB per year in 2023.
- Number of textile enterprises was 285,000 in 2022.
- Youth employment (under 25) in textiles was 18% of total in 2023.
- Guangdong province employed 3.2 million in textiles in 2022.
- Zhejiang textile workers numbered 2.9 million in 2023.
- Shandong had 2.1 million textile employees in 2022.
- Jiangsu province's textile employment was 2.7 million in 2023.
- Labor productivity per worker reached 450,000 RMB in 2022.
- Turnover rate in textile factories averaged 15% in 2023.
- Skilled workers shortage affected 42% of textile firms in 2022.
- Overtime hours averaged 48 per month in textile sector in 2023.
- Union membership in textiles covered 35% of workers in 2022.
- Vocational training reached 1.2 million textile workers in 2023.
- Child labor incidents dropped to 0.5% in audits in 2022.
- Migrant worker remittances from textiles totaled 180 billion RMB in 2023.
- Automation reduced workforce by 5% in large mills in 2022.
- Female migrant workers were 72% of rural textile labor in 2023.
- Textile industry output value per employee was 1.2 million RMB in 2022.
- Pension coverage for textile workers reached 88% in 2023.
- Injury rate in textile factories was 2.3 per 1000 workers in 2022.
- Part-time workers in textiles numbered 1.5 million in 2023.
Employment Data Interpretation
Export Figures
- China's textile exports totaled $323.6 billion in 2022, up 7.1% year-on-year.
- In 2023, apparel exports from China reached $172.4 billion.
- Textile yarn and fabric exports amounted to $82.5 billion in 2022.
- China's exports to the US were $45.2 billion in textiles and apparel in 2023.
- EU imports from China in textiles hit $78.9 billion in 2022.
- Exports of home textiles from China reached $28.6 billion in 2023.
- Cotton yarn exports stood at $12.3 billion in 2022.
- Synthetic fabric exports totaled $35.7 billion in 2023.
- Knitwear exports from China were $65.4 billion in 2022.
- Exports to ASEAN countries reached $92.1 billion in 2023.
- Footwear textile components exports hit $18.9 billion in 2022.
- Technical textiles exports amounted to $22.4 billion in 2023.
- Silk products exports were $4.5 billion in 2022.
- Nonwovens exports reached $9.8 billion in 2023.
- Denim exports from China totaled $15.2 billion in 2022.
- Bedding exports stood at $12.7 billion in 2023.
- Curtain and upholstery fabric exports were $6.3 billion in 2022.
- Sportswear textile exports hit $28.1 billion in 2023.
- Medical textiles exports amounted to $7.6 billion in 2022.
- Exports to Belt and Road countries reached $110.5 billion in 2023.
- Wool textiles exports were $3.2 billion in 2022.
- Lingerie fabric exports stood at $9.4 billion in 2023.
- Automotive textiles exports hit $14.8 billion in 2022.
- Exports of recycled textiles reached $2.1 billion in 2023.
- Towel exports from China were $5.9 billion in 2022.
- Protective clothing exports amounted to $11.3 billion in 2023.
Export Figures Interpretation
Financial Metrics
- Industry revenue reached 5.1 trillion RMB in 2022.
- Profit margin for textile firms averaged 4.8% in 2023.
- Total assets of textile enterprises were 8.2 trillion RMB in 2022.
- R&D investment in textiles hit 120 billion RMB in 2023.
- Export revenue contribution was 45% of total industry revenue in 2022.
- Average ROE for listed textile companies was 7.2% in 2023.
- Debt-to-equity ratio averaged 55% in textile sector in 2022.
- Domestic sales revenue was 3.8 trillion RMB in 2023.
- E-commerce sales in textiles reached 1.2 trillion RMB in 2022.
- Investment in new plants totaled 450 billion RMB in 2023.
- Tax contributions from textiles were 380 billion RMB in 2022.
- Cost of raw materials accounted for 62% of total costs in 2023.
- Energy costs rose 8% to 250 billion RMB in textile industry in 2022.
- Brand value of top textile firms totaled 500 billion RMB in 2023.
- IPO funds raised by textile companies were 35 billion RMB in 2022.
- Foreign investment inflow was 120 billion USD in textiles in 2023.
- Subsidy received by industry totaled 80 billion RMB in 2022.
- Inventory turnover ratio was 4.2 times in 2023.
- Cash flow from operations reached 900 billion RMB in 2022.
- Market cap of textile stocks was 1.5 trillion RMB in 2023.
- Insurance premiums for textile workers totaled 150 billion RMB in 2022.
- Loan balances to textile firms were 2.8 trillion RMB in 2023.
- Dividend payouts by textile companies were 45 billion RMB in 2022.
- Value-added tax rate impact reduced revenue by 5% in 2023.
- Profit before tax was 350 billion RMB industry-wide in 2022.
Financial Metrics Interpretation
Production Volume
- In 2022, China's textile industry produced 58.5 million tons of fiber, accounting for 53% of global production.
- China's yarn production reached 37.2 million tons in 2023, up 2.1% from the previous year.
- In 2021, China manufactured 28.6 billion meters of grey fabric.
- Chemical fiber output in China hit 72.4 million tons in 2022, representing 70% of world total.
- China's cotton yarn production was 8.9 million tons in 2023.
- In 2020, the industry produced 45.67 million tons of staple fiber.
- Grey cloth production volume stood at 52.3 billion meters in 2022.
- China's polyester filament yarn output reached 47.8 million tons in 2021.
- Viscose staple fiber production was 5.6 million tons in 2023.
- Total fabric production in China amounted to 68.9 billion meters in 2022.
- Acrylic fiber production reached 1.45 million tons in 2021.
- Spandex production volume was 0.98 million tons in 2023.
- Wool yarn production stood at 0.32 million tons in 2022.
- Nylon filament yarn output was 2.3 million tons in 2021.
- Total chemical fiber production grew to 76.1 million tons in 2023.
- Cotton fabric production reached 12.4 billion meters in 2022.
- Polyester staple fiber output was 18.7 million tons in 2023.
- Nonwovens production volume hit 6.5 million tons in 2022.
- Silk yarn production was 0.12 million tons in 2021.
- Denim fabric production amounted to 1.2 billion meters in 2023.
- Knitted fabric output reached 35.6 billion meters in 2022.
- Technical textiles production volume was 14.3 million tons in 2023.
- Home textile fabric production stood at 8.9 billion meters in 2021.
- Apparel fabric production volume was 22.4 billion meters in 2022.
- Regenerated fiber production reached 4.2 million tons in 2023.
- Carbon fiber production in textiles hit 45,000 tons in 2022.
- Linen fabric production was 0.45 billion meters in 2021.
- Modal fiber output stood at 0.89 million tons in 2023.
- Aramid fiber production volume reached 28,000 tons in 2022.
- Total textile machinery production was 1.2 million units in 2023.
Production Volume Interpretation
Technological Advancements
- China's textile firms adopted Industry 4.0 in 35% of factories by 2023.
- Smart manufacturing lines increased to 12,000 in 2022.
- Digital dyeing technology adoption reached 48% in 2023.
- AI in quality control used by 62% of large mills in 2022.
- Robotic weaving machines numbered 150,000 units in 2023.
- 5G-enabled factories in textiles hit 2,500 in 2022.
- Blockchain for supply chain traceability in 28% of exports in 2023.
- 3D knitting technology production up 25% to 1.2 billion pieces in 2022.
- IoT sensors deployed: 50 million in textile plants by 2023.
- Nano-fiber innovation output reached 0.5 million tons in 2022.
- Patents filed in textile tech: 45,000 in 2023.
- Automation rate in spinning reached 75% in 2022.
- VR training modules used by 1.5 million workers in 2023.
- Sustainable dyeing tech reduced water use by 40% in 65% firms in 2022.
- Big data analytics in 52% of supply chains in 2023.
- Laser cutting machines: 80,000 installed in 2022.
- Biodegradable fiber R&D investment: 30 billion RMB in 2023.
- Cloud computing platforms for textiles served 10,000 enterprises in 2022.
- AR for design adopted by 40% of apparel firms in 2023.
- High-speed looms numbered 2.5 million with 15 picks/sec avg in 2022.
- Gene-edited cotton yield up 15% via biotech in 2023.
- Recycling tech processed 8 million tons waste in 2022.
- Predictive maintenance software in 70% factories reduced downtime 20% in 2023.
- Electrospinning for filters produced 1.2 million tons in 2022.
- Quantum dot dyeing tech piloted in 150 plants in 2023.
- Collaborative robots (cobots) deployed: 20,000 in textiles in 2022.
- Metaverse platforms for textile trade used by 5,000 firms in 2023.
- Plasma treatment for fabrics in 35% finishing lines in 2022.
- Digital twins modeled 1,000 factories virtually in 2023.
- Supercritical CO2 dyeing scaled to 500 tons/day capacity in 2022.
Technological Advancements Interpretation
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