Study on contributions of China's textile industry to national economic development

Examination of the contribution of China' s textile industry to the growth of GDP,state finance,and foreign current income found that its average contribution rate to the three was over 1%,and average contribution degree was 2. 15%,0. 51%,and 3. 53% respectively during 35 years from1978 to 2012. The contribution of China's textile industry was rather prominant from the early stage of reform and opening to the outside world to 1990s. However,since entering the 21th century,its contribution to the national economy exhibited a downward trend,and it was a considerable downward.Nonetheless,China' s textile industry plays an irreplaceable role in offering specialized solutions to a variety of end-user-markets including apparel,transportation interiors,composites and industrial fabrics.Looking forward to the future,it depends on the support and coordination of hi-tech industries to make China's textile industry even more bigger and stronger.