China’s Ministry of Industry and Information Technology (MIIT) is expected to release its development plan for the textile industry soon. According to sources it will be released in the first half of 2016 during the 13th Five-Year Plan period (2016-2020).
China’s textile industry is expected to have a double-digit growth during the period and is likely to take various measures to improve the sluggish textile industry.
According to a source within the China National Textile and Apparel Council, “China’s textile industry will focus on industrial transformation and upgrading and move towards a high-end direction. Given the rapid growth of the automotive industry, textiles for automobile use will embrace huge development in coming years.”
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According to experts, several developments that have taken place last year have been discussed, and were supposed to be reflected in the plan.
The industry experts have presumed that these developments may have been considered by China’s Ministry of Industry and Information Technology (MIIT) while constituting the plan.
Earlier, the establishment of a recycling system for waste textile was underway and industry insiders reckoned that pilot and demonstration programmes for waste textile recycling will be launched during the 13th Five-Year Plan period (2016-2020), and that the government will give guidance to leading enterprises to set up parks and industrial bases for waste textile recycling. Similarly more and more textile manufacturing companies were supposed to move to Xinjiang Uygur Autonomous Region, located in the far west of China. Xinjiang was planned to become a major textile base by 2020 to facilitate exports to its western neighbours.
