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2014 China's Textile Industry: Slowing Down The Expansion Of Raw Materials And Overcapacity

Throughout China's textile and garment industry, China's textile industry will mainly rely on upgrading and upgrading in the next few years, instead of expanding its scale. The raw materials such as cotton and PX will increasingly restrict the development of the industry. The capacity, output, order and even profits will be further concentrated on large enterprises, and structural adjustment should be tilted to industrial textiles. Experts predict that China's textile industry will become the ma