The Survival of the Fittest,the Market Philosophy Works

In China, the cotton textile industry undertakes over 50% of the total fiber processing volume, rendering a great number of quality yarns & cloth to its downstream pipelines, such as knitting, dyeing & finishing, home-textiles and apparels industries. In 2005, the export of Chinese cotton textiles & apparels reached US$41.13 billion, import US$5.393 billion. At present, the total employment in the large-scale cotton textile enterprises is estimated for 2.512 million people, holding 26.5% of …