Upgrading of Chinese textile industry is the objective requirement from Chinese modernization drive to comprehensively build up a well-off society

China's sustained and rapid economic development is the first impetus for industrial upgrading of China's textile industry

From 1980 to 2000, China's per capita GDP boasted an annual growth rate of 9.85%, on average. In 2000, according to the exchange rate at that time, the per capita GDP amounted to 949 US dollars, accomplishing the two strategies: fulfilling the basic needs of people and moving into a well-off life.

From 2001 to the middle of this century, China's third strategy is being implemented in order to make our people’s life achieve the level of that of moderately developed countries.

In 2001 -2020, as the important stage of our comprehensive construction of a well-off society, basically achieving industrialization, and quadrupling per capita GDP than that of 2000 and its people's living standards to be achieved to a well-off level top the agenda of Chinese government.

With rapid economic growth, domestic consumption of clothing and consumption structure has undergone significant changes.

From 2001 to 2006, per capita consumption of fiber hiked from 8 kg to 14 kg, an increase of 75%, according to constant prices, per capita consumption expenditure of urban and rural residents increased by 124.54%, the growth of total retail sales of consumer goods and total retail sales of clothing increased by, 80.04% and 137.99%, respectively.

In terms of above-designated size enterprises’ sales value, the proportion of domestic consumption rose from 67% to 75%.