China textile industry is facing pressure from competition from other industries

China is now in the midst of a major industrial transition and the textile industry in the country is at the centre of that.

The National Bureau of Statistics has said the textile production sector accounts for around 6.6% of China’s GDP and employs approximately 2.2 million people.

The main challenge facing the industry is that there is a lot of competition from the other sectors.

The sector is now facing a shortage of skilled workers and is also facing a rise in cost of raw materials.

According to the latest data from the National Bureau, the price of raw textile yarn in November was $6.99 per kilogram compared to $6,854 in December.

The prices of textile yarn, which are used in some of Chinas largest brands, are rising, as is the cost of yarn from India.

The value of raw material production in China is expected to reach $4.2 trillion by 2022, and the value of yarn produced will be worth $1.5 trillion by 2024.

The industry is currently undergoing a transition from the production of textiles to the processing of textile yarn, a process that will involve more than 100,000 factories and thousands of employees.

A majority of those workers are employed in the textile yarn industry, with many more in the textiles production sector.

There are currently over 1.3 million textile yarn factories in China.

The textile yarns are produced at factories that are all owned by the state, and are run by state-owned enterprises.

However, the companies are owned by private enterprises that have to comply with state requirements.

While the industry has seen some progress, it still faces many challenges, according to the bureau.

Many textile mills have closed over the past few years, and a number of the textile mills are facing financial challenges, and that has led to higher labour costs, said Zhang Jianhua, an expert on the textile sector at the National Institute of Technology.