China’s textile exports to hit US$116 billion

1 December 2005

Beijing, China, 01 Dec – China’s textile exports in 2005 may reach US$116 billion despite the restrictions imposed by the USA and EU, the China Textile Industry Association said Thursday.

The figure would represent a 19.21% increase on 2004 exports, which totaled US$97.3 billion.

The association attributed the increased export value to investments that enhanced the competitiveness of the industry. (macauhub)