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Retail sales of apparel and footwear in China by month March 2019

Retail trade revenue of clothing, shoes, hats and knitwear in China from March 2018 to March 2019 (in billion yuan)

Retail sales of apparel and footwear in China by month March 2019 The graph shows the retail trade revenue of clothing, shoes, hats and knitwear in China from March 2018 to March 2019. In March 2019, around 108.1 billion yuan had been generated from apparel and footwear retail sales.
Textile industry in China– additional information

The textile industry in China has seen rapid growth over the past two decades and has become one of the main pillars of China’s economy. In 2015, the annual revenue of all textile industrial enterprises in China had amounted to almost four trillion yuan. With a textile export value of 110 billion U.S. dollars in 2017, China was the world’s largest textile exporter, accounting for over 37 percent of overall global textile exports. In 2018, clothing and clothing accessories with a total value of over one trillion yuan had been exported from China, not taking into account the export of textile articles and textile yarns with a value of over 785 billion yuan. Heilan Home, the leading fast fashion manufacturer in China, had ranked second among Chinese textile and clothing manufacturers with total revenues of about 18.2 billion yuan in 2018.

Nonetheless, the textile industry in China is facing a major transition period. The loss of competitive advantages such as low labor costs and a favorable exchange rate leads to a shift in the market focus. While basic textile production is outsourced to regions with lower costs, China focuses more on specialized textile and fiber products. In terms of target markets, the domestic textile market in China has been gaining importance compared to international markets as well. In 2015, China’s apparel market had reached 237 billion U.S. dollars and was expected to exceed 600 billion U.S. dollars by 2025.
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Retail trade revenue of clothing, shoes, hats and knitwear in China from March 2018 to March 2019 (in billion yuan)

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The graph shows the retail trade revenue of clothing, shoes, hats and knitwear in China from March 2018 to March 2019. In March 2019, around 108.1 billion yuan had been generated from apparel and footwear retail sales.
Textile industry in China– additional information

The textile industry in China has seen rapid growth over the past two decades and has become one of the main pillars of China’s economy. In 2015, the annual revenue of all textile industrial enterprises in China had amounted to almost four trillion yuan. With a textile export value of 110 billion U.S. dollars in 2017, China was the world’s largest textile exporter, accounting for over 37 percent of overall global textile exports. In 2018, clothing and clothing accessories with a total value of over one trillion yuan had been exported from China, not taking into account the export of textile articles and textile yarns with a value of over 785 billion yuan. Heilan Home, the leading fast fashion manufacturer in China, had ranked second among Chinese textile and clothing manufacturers with total revenues of about 18.2 billion yuan in 2018.

Nonetheless, the textile industry in China is facing a major transition period. The loss of competitive advantages such as low labor costs and a favorable exchange rate leads to a shift in the market focus. While basic textile production is outsourced to regions with lower costs, China focuses more on specialized textile and fiber products. In terms of target markets, the domestic textile market in China has been gaining importance compared to international markets as well. In 2015, China’s apparel market had reached 237 billion U.S. dollars and was expected to exceed 600 billion U.S. dollars by 2025.
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