By the mid-December 2006, the trade volume of Asia's largest textiles market as well as piece goods distribution center, Zhejiang Shaoxing China Textile City market, recorded 30.01386 billion yuan in 2006, a new record high, breaking 30 billion yuan threshold, an increase of 9 percent over the previous year; of which, the turnover of China Textile City Qianqing Materials Market reached more than 19.6 billion, up 14 percent over the prior year.

In recent years, China Textile City proposed the building of the ‘international textile city’, ‘modern commercial city’; meanwhile China Textile City has produced a series of effective policies and measures, putting forward the ideas of ‘government-guide, market segmentation and business Innovation’.

It is learned that in China Textile City, daily average passenger trips are 100,000. One-fourth of annual global chemical fiber fabric transactions were done in China Textile City. Nearly half of the national textile enterprises have established marketing relationship with China Textile City.

Zhejiang Shaoxing County is known throughout the country as the largest textile county. Shaoxing traditionally carried the reputation as a place to see sunrise amid ten thousands of silk.

Shaoxing China Textile City started in mid-1980s last century, after more than 20 years of development; it has gradually formed a perfect modern industrial system with light and textile industries in fields of chemical fiber materials, textiles, printing and dyeing.

China Textile City trades and distributes high-quality, low-cost commodities across the whole country and as far as into some countries in Southeast Asia. It constitutes more than one-third of domestic sales in textiles, thus enhancing the influence of China Textile City at home and abroad.

According to reports, China Textile City has become the world's largest textile market with most varied commodities and biggest turnover.