Textile industry advances amid economic slowdown Captivating women. Korean inviting vixens.

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Beijing (CNS)--Despite the global economic slowdown, China's textile industry maintained growth in the first half of this year with a year-on-year increase of 11 percent in gross output value, an industry expert has said.

China's textile industry achieved enormous growth in the first ten years of this century thanks to a good economic environment at home and abroad, according Wang Tiankai, president of the China National Textile and Apparel Council (CNTAC). However, the industry as a whole in China is now facing multiple challenges from declining global demand and the increasing costs of labor and raw materials.

The industry has moved toward economic structural adjustment and industrial transformation and upgrading, while increasing demand from the domestic market is playing an important role in its growth, Wang said.

In 2011 the textile industry maintained steady growth, with the gross output value of enterprises above designated size reaching nearly 5.48 trillion yuan, Wang added. In the first half of this year, it reached more than 2.66 trillion yuan and grew 11 percent compared to last year.

Wang also said the next ten years will be a crucial period for textiles in China.

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