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Textile export expected to grow 19%
Latest Updated by 2005-12-05 11:49:54

Despite increasing international trade disputes, China's textile exports are expected to grow 19.21 percent year on year to 116 billion US dollars this year.

The China National Textile and Apparel Council made the prediction on Friday. China's textile export last year totaled 97.3 billion US dollars.

The council attributed the textile export growth mainly to increased investment in fixed asset and technological innovation that has enhanced the competitiveness of Chinese companies.

Official statistics show in the first ten months this year, sales revenue and output of large-sized Chinese textile enterprises grew 26.33 and 26.28 percent year on year respectively.

Editor: Donald

By: Source:China View website
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