In 2008, Jiangxi textile and garment industry kept stable development under the impact of RMB appreciation, export tax rabate rate adjustment, tight money policy, production material cost growth, especially global financial crisis and shrinkage of international demand. The statistic-worthy textile and garment enterprises in Jiangxi province realized industry outturn 12.2 billion yuan, up 22% on the previous year, and profit 2.3 billion yuan, the same as previous year.
The textile and garment export reached 1.374 billion USD in jiangxi last year, up 15.64%. Of which, textile 307 million USD, up 12.84%; garment 1.068 billion USD, up 16.47%. The growth rate of this industry ranked No. 8 national wide.
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