In 2017, the recovery of the world economy will accelerate. The warming trend in the international market will support the export of textiles and apparel in China. The steady growth of the domestic macro economy will also provide active support for the domestic demand market. Industry supply of raw materials will also be expected to stabilize under the promotion of the reform of the agricultural supply side. Smooth operation lays the foundation. At the same time, as the industry continues to implement the “Three Product Strategy”, it meets consumer upgrade demand in the R&D and retail model of textile and apparel products, grasps the opportunities for consumption upgrades, and improves the quality and efficiency of supply. It is expected that the industry will operate steadily, steadily, and steadily. .

In 2015, the total assets of China's textile, apparel, and apparel industries was 1,301.7 billion yuan, an increase of 6.21% year-on-year; in September 2016, total assets reached 1,300.41 billion yuan, an increase of 4.69% year-on-year. It is estimated that the total assets of China's textile and apparel and apparel industry will reach RMB 1,438,100 million in 2017, and the average annual compound growth rate will be approximately 5.32% over the next five years (2017-2021). In 2021, the total assets of China's textile and apparel and apparel industry will reach RMB 1,697 billion. .

In 2015, China's textile and apparel and apparel industry revenue was 2,267.9 billion yuan, up 6.25% year-on-year; from January to September 2016, revenue reached 1.6731 trillion yuan, up 6.93% year-on-year. It is estimated that in 2017 China's textile, apparel and apparel industry revenue will reach 2,541,470 million yuan, and the average annual compound growth rate for the next five years (2017-2021) will be approximately 6.70%. In 2021, China's textile and apparel and apparel industry revenue will reach 3,259.5 billion yuan.

In 2015, the profits of China's textile and apparel and apparel industries were 130.63 billion yuan, an increase of 4.73% year-on-year; from January to September 2016, the profits reached 89.29 billion yuan, an increase of 3.93% over the same period of last year. It is estimated that the profit of China's textile and apparel and apparel industry will reach RMB 142.6 billion in 2017, and the average annual compound growth rate will be approximately 5.60% in the next five years (2017-2021). In 2021, the profit of China's textile and clothing and apparel industry will reach RMB 177.3 billion.

The expansion of domestic demand and consumption upgrading will be the biggest driving force for the development of China's textile industry. The growth of urban and rural residents' income, the construction of new urbanization and the full implementation of the two-child policy, such as development dividends and reform bonuses, will promote the growth of upgraded textile consumption. It is expected that domestic residents will wear clothing. The average annual consumption expenditure for home textiles is about 8%. With steady growth in domestic infrastructure construction, environmental governance, and health care, the consumption of industrial textile fibers will continue to grow rapidly.

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