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Chinese textile on the tiles

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Textile and clothing business is burgeoning in China with lots of imports and exports during the first four months of 2006.

The export value of Chinese textile is US $39.376 billion; it goes up by 23.12 percent compared to the same period last year.

In terms of clothing trade, the country recorded exports worth $23.922 billion, with the rise of 24.7 percent.

While on imports front, textile products worth $4.906 billion were brought in the country recording an increase of 4.28 percent, and import value of clothing was $0.515 billion, up 29.25 percent.

Japan, America, Hong Kong and EU were its top export destinations. The export value to Japan, US, Hong Kong and EU is $6.239 billion, $5.307 billion, $5.196 billion and $5.949 billion, respectively.

As regards imports, Taiwan, Japan and Korea recorded $1.016 billion, $0.967 billion and $0.801 billion imports remained top countries, respectively.