Development status and value chain distribution of high-end textile industry

——National high-end textile industry development scale
At present, my country's textile industry is developing well, with the industrial scale continuing to expand and the technical level continuing to improve. From 2016 to 2023, the scale of my country's textile and apparel transactions fluctuated greatly, and the growth rate in 2022 dropped significantly compared with 2021. Data show that in 2023, my country's textile and apparel industry market turnover will be approximately 2.35 trillion yuan, a year-on-year increase of 10.33%, and the compound annual growth rate from 2016 to 2023 will be 0.26%.

——Distribution of high-end textile industry value chain
The upstream of the high-end textile industry chain is textile raw materials, including silk, cotton, wool, chemical fiber, etc.; the midstream is clothing manufacturing, including: spinning, weaving, printing and dyeing, surface accessories and clothing manufacturing, etc. The downstream is clothing wholesale and retail, including: thread Go to physical stores and online e-commerce. At present, the gross profit margins of midstream clothing manufacturing and downstream clothing wholesale and retail are relatively high. The gross profit margin of representative listed companies can reach 75% and the added value is high; the gross profit margin of mid-stream spinning, weaving, printing and dyeing, and surface accessories is low and the added value is low.