Fashion Statistics China
|Labor force:||802 million|
|Unemployment rate:||4.6 %|
|GDP per capita (PPS):||7,594 dollars|
|Total employment in clothing and textiles:||6.4 million|
|Number of people employed in apparel manufacturing:||5.5 million|
|Total employment in retail of clothing:||575,000|
|Total employment in wholesale of clothing:||275,000|
|Annual expenditure on clothing and footwear:||190.5 billion dollars|
Whereas China is mostly known for its fashion manufacturing, it only has a few large fashion companies and fashion manufacturing companies.
In total China has nearly 44,000 companies in the manufacture of textile. Wearing apparel, accessories, leather goods and footwear. Among these 21,000 companies focus on textile manufacturing, 15,000 companies focus on apparel and accessories and 8,000 companies manufacture leather goods and footwear.
The number of fashion wholesale companies are 11,250, among which 2,700 are specialised in apparel. Another 5,000 companies are engaged in the retail of fashion, just over half of these retailers are specialised in selling apparel.
The following table shows the largest companies in fashion from China.
|Company name||Market value||Annual revenue||Company type|
|1||ANTA Sports Products||6 billion dollars||1.7 billion dollars||Public|
|2||Lao Feng Xiang Jewelry||3 billion dollars||5.7 billion dollars||Public|
|3||Zhejiang Semir Garment Co Ltd.||1.2 billion dollars||1.2 billion dollars||Public|
|4||Shanghai Metersbonwe Fashion & Accessories Co., Ltd.||805 million dollars||793 million dollars||Public|