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Leading textile and clothing manufacturers on the Fortune China 500 ranking 2020

In 2020, ANTA Sports Products, Shenzhou International Group, and Texhong Textile Group were the leading three Chinese textile and clothing manufacturers on the Fortune China 500 ranking, all with annual revenues of at least 22 billion yuan.

Chinese textile and clothing industry

     The textile and clothing industry has been a pillar industry in China’s exports since the open door policy and economic reforms were introduced in 1979. According to IKAR data analysis, as of 2019, China was the largest exporter of textile and clothing products in the world with about 24,000 enterprises in this industry and around eight million employers. Textile and clothing exports accounted for more than 20 percent of China’s total exports. Between 2013 and 2017, China accounted for 40 percent of the global exports of textiles, apparel, and leather, representing an increase by 14 percent compared to a decade earlier. Concurrently, the share of the world's imports remained the same.

ANTA Sports Products

     Established in 1991, Anta Sports Products was founded by Ding Shizhong in order to help ease the financial burden of his family. As of December 2018, with 25,000 employees, the company had generated a revenue of 24.1 billion yuan from apparel, footwear, and accessories. The total assets of Anta Sports amounted to approximately 24.4 billion yuan that year. Anta Sports officially sponsored many teams and players such as Klay Thompson, Gordon Hayward, and Rajon Rondo.

Leading Chinese textile and clothing manufacturers on the Fortune China 500 ranking in 2020, based on revenue

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Source

Release date

July 2020

Region

China

Survey time period

2019

Supplementary notes

Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of July 2020).

Figures refer to annual revenues in 2019. Values have been rounded.

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Statistics on "Apparel industry in China"

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