The development history of the clothing industry

The development history of the clothing industry:

In the ten years of the 1980s, the growth rate of our clothing was 5.95%. At that time, it was lower than the growth rate of GDP. In those ten years, the GDP was 9.31. At that time, the problem of food and clothing was solved. Our first strategic goal was to solve the problem of food and clothing.

The second step is from the 1990s, to go from food and clothing to a basic well-off society. At that time, the per capita GDP was set at 800 US dollars. In the second decade, the average annual growth rate of our clothing increased to 6.43%. The average annual GDP growth in this decade was Is 10.27%, or mainly construction, consumption growth is still not fast.

In the ten years from 2001 to 2010, the average annual growth rate of clothing was 14.64%, which is comparable, not the current price. The growth rate of the entire household consumption is lower than that of GDP, and our GDP growth in the past ten years has averaged 10.66% per year.