In recent years, the raw material market of China’s clothing and textile industry has continued to progress in terms of scale and technology, laying a foundation for the development of the clothing and textile industry. Cotton is an important natural fiber, and its market price and exchange rate fluctuations will directly affect the development of the clothing and textile industry.
In addition, the steady growth of China’s economy has promoted the continuous increase in the income of Chinese residents, and the increase in residents’ clothing consumption and the diversification of clothing demand have promoted the continuous expansion of the clothing textile industry.
In terms of technology, technological progress promotes the development of the industry. With the advent of the Industry 4.0 era, as well as the application and development of technologies such as the Internet, big data, AI, and the Internet of Things, the apparel and textile industry has achieved success in product production, sales channels, and product development. Significant progress has been made.
The “14th Five-Year” textile and apparel industry will be based on the new goals of my country’s modernization development and the new pattern of “dual cycle” development with the domestic cycle as the main body.
On the basis of insisting on the path of technology-driven, fashion-led, and green-oriented, independent innovation with technology With industrial structure adjustment as the core guidance, we will further promote high-quality development, strengthen the industrial foundation, and optimize the industrial system. Accordingly, it is estimated that in 2026, the operating income of listed companies in my country’s textile and apparel industry will grow to about 418.8 billion yuan.
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