China Sets 30 Trillion Yuan Revenue Target for Light and Textile Industries by 2030
On September 22, China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the "15th Five-Year Plan for the Development of the Light and Textile Industry" (2026-2030). The plan targets revenue exceeding 30 trillion yuan by 2030 for enterprises above a designated size, focusing on AI empowerment, green transformation, and global value chain upgrading. It outlines 11 expected indicators and 14 key tasks, including developing vertical AI models, deploying smart manufacturing systems, and fostering cross-sector integration.
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China's 15th Five-Year Plan Targets 30 Trillion Yuan Revenue for Textile and Light Industry by 2030
China's Ministry of Industry and Information Technology, along with two other departments, has issued the '15th Five-Year Plan for the Development of the Light and Textile Industry' (2026-2030). The plan sets a target for the industry's revenue from enterprises above a designated size to exceed 30 trillion yuan by 2030. It emphasizes a shift from focusing on scale to prioritizing independent innovation, green transformation, and value creation. Key goals include fostering around 550 industrial clusters, achieving over 63% digital production equipment penetration, having more than 30% of enterprises offer personalized customization, and establishing over 2,000 green factories. The plan outlines 14 key tasks, including strengthening original innovation, accelerating the application of scientific achievements, and optimizing supply structures to meet diverse consumer demands, such as for elderly care, children's products, and smart home goods. Officials from the China National Light Industry Council and the China National Textile and Apparel Council provided commentary, highlighting the need to enhance global value chain positioning and address external risks.
China Issues 15th Five-Year Plan for Light Industry and Textile Development
China's Ministry of Industry and Information Technology, along with two other departments, has released the '15th Five-Year Plan' for the development of the light industry and textile sector. The plan sets a target for 2030, aiming to significantly improve the sector's level of intelligent, green, and integrated development. It expects the average annual growth rate of industrial value-added for enterprises above a designated size to remain within a reasonable range, with steady growth in labor productivity and a solid guarantee of people's livelihoods. The plan also outlines 11 key expected indicators for 2030, including total revenue for enterprises above a designated size exceeding 30 trillion yuan, the establishment of approximately 550 industrial clusters, a digital production equipment penetration rate of over 63%, more than 30% of enterprises offering personalized customization, over 2,000 green factories, and around 600 Chinese consumer brands.
China issues 15th Five-Year Plan for light industry, textiles, accelerating AI adoption
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly released the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry' on September 22. The plan sets a target for revenue of enterprises above designated size to exceed 30 trillion yuan by 2030, and aims to significantly elevate the industry's position in global value chains. Key tasks include enhancing innovation capacity, improving supply-demand alignment, accelerating intelligent and green transformation, expanding integrated development paths, and optimizing domestic and international industrial layouts. The plan specifically calls for accelerating the development of vertical domain large models for key industries and deploying AI applications such as surface defect detection, process parameter self-optimization, and predictive maintenance in sectors like home appliances, furniture, food, ceramics, paper, and textiles. It also promotes generative AI for creative design and customization in footwear, apparel, home textiles, and jewelry. Liu Jiangyi, Party Secretary of the China National Light Industry Council, noted that the industry faces opportunities from new consumption policies and challenges from trade restructuring and resource constraints, and recommended standard-setting, platform empowerment, and benchmarking to drive AI adoption across the full industrial chain.
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Jinchun股份 to Boost R&D Spending in Line with Textile Industry Plan
Jinchun股份 (300877) responded to an investor query on September 23 regarding the '15th Five-Year Plan for the Light and Textile Industry' issued by China's Ministry of Industry and Information Technology and two other departments on September 22. The plan sets a revenue target of over 30 trillion yuan for the industry by 2030 and encourages key enterprises to increase R&D intensity to break through technical bottlenecks in industrial textiles. The company's board secretary stated that Jinchun股份 has noted the plan and will increase R&D investment accordingly. The company plans to leverage its existing technology platform to develop high-performance nonwoven materials, optimize medical spunlace material properties to expand medical consumables clients, and deepen its presence in industrial fields such as filtration, industrial wipes, and automotive-grade protective materials, aiming to increase the proportion of high-end products. The information is sourced from the Shenzhen Stock Exchange interactive platform and is for reference only, not investment advice.
Read sourceChina's 15th Five-Year Plan Targets Upgrades for Light and Textile Industries
China's Ministry of Industry and Information Technology, along with two other departments, released the '15th Five-Year Plan for the Development of the Light and Textile Industries' on September 22. The plan aims to enhance the quality, efficiency, and public welfare benefits of these traditional pillar industries. It focuses on three main areas: boosting independent innovation to move up the global value chain, transforming production methods through AI and green technologies, and improving supply-demand alignment to meet evolving consumer needs. Specific measures include increasing R&D investment, developing AI vertical models for key sectors, promoting green design, and fostering cross-sector integration with cultural tourism, health, and the digital economy. The plan also targets product innovation in areas like smart home appliances, elderly-friendly products, and pet supplies. Officials from the China Light Industry Federation and China National Textile and Apparel Council endorsed the plan, stating it will strengthen the industries' global competitiveness and support China's goal of becoming a manufacturing powerhouse.
Read sourceChina sets 2030 revenue target of 30 trillion yuan for light and textile industries
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation have jointly issued the '15th Five-Year Plan for the Development of the Light and Textile Industries.' The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to significantly enhance the industries' position in global value chains. It outlines 11 key expected indicators and 14 key tasks across five areas, including boosting innovation capacity, improving supply-demand alignment, and accelerating intelligent and green transformation. The plan emphasizes AI empowerment, calling for the development of vertical large language models and specialized agents for the entire supply chain. Industry experts quoted in the article note that while textile digitization is advanced, AI application in the light industry remains fragmented, with challenges such as a lack of specialized large models and difficulties for small enterprises. The China Light Industry Council proposed a three-pronged approach to promote AI adoption: setting standards, building platforms, and creating benchmark cases.
Read sourceChina issues 15th Five-Year Plan for light industry and textiles, targets 30 trillion yuan revenue
On September 22, China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to significantly enhance the industry's position in the global value chain. An official from the Ministry of Industry and Information Technology stated that the 15th Five-Year period is critical for the industry to accelerate independent innovation and upgrade. The plan outlines 14 key tasks across five areas, including boosting innovation capacity, improving supply-demand alignment, and accelerating intelligent and green transformation. Specific measures include strengthening R&D in fiber materials and advanced textiles, formulating over 30 mandatory national standards, and promoting AI applications such as vertical large models, surface defect detection systems, and generative AI for design in sectors like home appliances, textiles, and ceramics.
Read sourceChina sets 2030 revenue target of over 30 trillion yuan for light industry and textiles
On September 22, China's Ministry of Industry and Information Technology, along with the Ministry of Commerce and the State Administration for Market Regulation, released the '15th Five-Year Plan for the Development of the Light and Textile Industry.' The plan sets a target for 2030 that the revenue of enterprises above a designated size in the sector will exceed 30 trillion yuan. It outlines 11 specific goals, including establishing around 550 industrial clusters, maintaining stable employment, having over 300 high-level pilot platforms, increasing R&D investment intensity of key enterprises to over 3%, achieving a digital production equipment penetration rate of over 63%, having more than 30% of enterprises offering personalized customization, building over 2,000 green factories, and cultivating around 600 renowned Chinese consumer brands. The plan emphasizes a shift from focusing on scale to prioritizing independent innovation, transformation, deep transformation, and value creation. It also details 14 key tasks, such as formulating a competitiveness evaluation index system, revising over 30 mandatory national standards, and encouraging companies to build independent websites or join international e-commerce platforms.
Read sourceChina Issues 15th Five-Year Plan for Light Industry and Textile Development
China's Ministry of Industry and Information Technology, along with two other departments, has released the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan sets a target for 2030, aiming for significant improvements in the intelligent, green, and integrated development of these sectors. It expects the average annual growth rate of industrial added value above a designated size to remain within a reasonable range, with steady growth in labor productivity and a solid foundation for public welfare. The plan also outlines 11 key quantitative targets for 2030, including total revenue for enterprises above a designated size exceeding 30 trillion yuan, the establishment of approximately 550 industrial clusters, the普及 rate of digital production equipment reaching over 63%, the proportion of enterprises offering personalized customization exceeding 30%, the number of green factories surpassing 2,000, and the creation of around 600 renowned Chinese consumer brands. The report was authored by journalists Zhou Yuan, Wang Yueyang, and Li Qianwei.
Read sourceChina's 15th Five-Year Plan for Light Industry and Textiles Targets 30 Trillion Yuan Revenue by 2030
China's Ministry of Industry and Information Technology, along with the Ministry of Commerce and the State Administration for Market Regulation, has issued the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan aims for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, while improving the industry's position in global value chains. An official from the MIIT's Consumer Goods Industry Department stated that the 2026-2030 period is critical for enhancing global value chain status and accelerating independent innovation. The plan focuses on technological innovation, including core technology breakthroughs and the establishment of innovation platforms. It also emphasizes supply-demand alignment, targeting products for the elderly, youth, and children, as well as IP toys, sports goods, and nutritional foods. Additionally, the plan supports leading enterprises in building smart supply chain platforms and promotes cross-sector integration through initiatives like a 'Textile+' action plan.
Read sourceChina's 15th Five-Year Plan for Light and Textile Industries Backs Smart Supply Chain Platforms
China's Ministry of Industry and Information Technology, along with the Ministry of Commerce and the State Administration for Market Regulation, has issued the '15th Five-Year Plan' for the light and textile industries. The plan, reported by China Securities Journal, sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030. It aims to enhance intelligent, green, and integrated development, and to significantly improve the industries' position in global value chains. Key tasks include strengthening original innovation and core technology, establishing innovation platforms, and cultivating specialized 'little giant' and 'single champion' enterprises. The plan specifically supports leading enterprises in building smart supply chain platforms to foster integrated development. It also emphasizes improving supply-demand adaptability by optimizing product supply for the elderly, children, and youth, and expanding offerings in IP toys, sports goods, and nutritional foods to meet diverse consumer demands. The plan promotes cross-sector integration through initiatives like a 'Textile+' action to merge textile technology with biology, nanotechnology, and bionics.
Read sourceChina Issues 15th Five-Year Plan for Light and Textile Industries, Targets 30 Trillion Yuan Revenue
On September 22, China's Ministry of Industry and Information Technology (MIIT), along with the Ministry of Commerce and the State Administration for Market Regulation, released the '15th Five-Year Plan for the Development of the Light and Textile Industries.' The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to significantly enhance the industries' position in global value chains. An MIIT official stated that the 2026-2030 period is critical for upgrading the global value chain position and accelerating independent innovation. The plan focuses on technological innovation, including core technology breakthroughs and the establishment of innovation platforms. It also aims to cultivate high-quality enterprises, support leading companies in building smart supply chain platforms, and promote integrated development between large and small firms. Additionally, the plan emphasizes enhancing supply-demand adaptability by optimizing product supply systems to meet diverse consumer needs, including products for the elderly, youth, and emerging markets like IP toys, sports goods, and emotional wellness items. It also outlines pathways for industrial integration, such as a 'Textile+' initiative to combine textile technology with frontier sciences like biology and nanotechnology.
Read sourceChina Issues 15th Five-Year Plan for Light and Textile Industries, Targets 30 Trillion Yuan Revenue
On September 22, China's Ministry of Industry and Information Technology, along with the Ministry of Commerce and the State Administration for Market Regulation, released the '15th Five-Year Plan for the Development of the Light and Textile Industries'. The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to significantly enhance the industries' position in global value chains. An official from the MIIT's Consumer Goods Industry Department stated that the 2026-2030 period is critical for upgrading the global value chain position and accelerating independent innovation. The plan focuses on technological innovation, including core technology breakthroughs and the establishment of innovation platforms. It also aims to cultivate high-quality enterprises, support leading firms in building smart supply chain platforms, and enhance supply-demand adaptability by targeting specific consumer groups such as the elderly and youth. The plan promotes cross-sector integration, including a 'Textile+' initiative to merge textile technology with fields like biology and nanotechnology.
Read sourceChina Issues 15th Five-Year Plan for Light and Textile Industries, Targets 30 Trillion Yuan Revenue
On September 22, China's Ministry of Industry and Information Technology (MIIT), along with the Ministry of Commerce and the State Administration for Market Regulation, released the '15th Five-Year Plan for the Development of the Light and Textile Industries.' The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to significantly enhance the industries' position in global value chains. An official from MIIT's Consumer Goods Industry Department stated that the 2026-2030 period is critical for upgrading global value chain status and accelerating independent innovation, with AI and green low-carbon technologies deeply empowering industrial upgrades. The plan focuses on technological innovation, including supporting key enterprises to build innovation platforms and fostering specialized 'little giant' and 'single champion' enterprises. It also emphasizes improving supply-demand alignment by optimizing product supply for demographics such as the elderly and youth, and expanding offerings in IP toys, sports goods, and nutritional foods. Additionally, the plan promotes cross-industry integration, such as a 'Textile+' initiative to merge textile technology with fields like biology and nanotechnology.
Read sourceChina issues 15th Five-Year Plan to boost light industry and textiles up value chain
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan, oriented toward new industrialization, outlines five major directions and 14 key tasks to push traditional advantageous industries toward the mid-to-high end of the value chain. It aims for the textile industry to reach a world-leading level by 2030, with revenue from enterprises above a designated size exceeding 30 trillion yuan. Key tasks include strengthening original innovation and core technology breakthroughs in areas such as fiber materials, high-end textile equipment, and specialty paper-based composites. The plan also emphasizes AI empowerment across the entire chain, including developing vertical domain large models and generative AI for creative design, as well as promoting green and intelligent transformation. Experts from the China National Textile and Apparel Council and China Light Industry Council, as well as Professor Wu Yin from Southwestern University of Finance and Economics, commented that the plan provides clear direction, boosts confidence, and will help build a secure, resilient, and efficient industrial system.
Read sourceChina's 15th Five-Year Plan for Light Industry and Textiles Targets 30 Trillion Yuan Revenue by 2030
China's Ministry of Industry and Information Technology, together with the Ministry of Commerce and the State Administration for Market Regulation, has released the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan sets a target for revenue of enterprises above a designated size to exceed 30 trillion yuan by 2030, aiming to enhance the industry's position in global value chains. An official from the MIIT's Consumer Goods Industry Department stated that the 2026-2030 period is critical for the sector to accelerate independent innovation and upgrade through AI and green technologies. The plan outlines tasks including strengthening original innovation and core technology research, establishing innovation platforms, and cultivating more specialized 'little giant' enterprises and manufacturing单项冠军 (single champion) enterprises. It also supports leading enterprises in building smart supply chain platforms. The China Light Industry Federation noted the plan emphasizes optimizing product supply to match consumer demand, focusing on elderly and youth products, IP toys, sports goods, and nutrition foods. The plan also promotes 'Textile+' actions to integrate textile technology with frontier sciences like biology and nanotechnology.
Read sourceChina Issues 15th Five-Year Plan for Light Industry and Textiles to Boost Value Chains
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry,' aiming to accelerate the shift of traditional advantageous industries toward the mid-to-high end of the value chain. The plan, guided by new industrialization, outlines five major directions and 14 key tasks. It targets that by 2030, the combined revenue of enterprises above a designated size in these sectors will exceed 30 trillion yuan, with significantly enhanced positions in global industrial and value chains. Experts from the China National Textile and Apparel Council noted that China's textile industry has reached a world-leading level overall but still faces shortcomings in supply-demand matching, original innovation, value enhancement, and industrial layout. The plan emphasizes strengthening original innovation and key core technology breakthroughs, including support for fiber new materials, high-end textile equipment, and special paper-based composite materials. It also calls for AI empowerment across the entire chain, developing vertical domain large models, and promoting green and intelligent transformation. Professor Wu Yin from Southwestern University of Finance and Economics commented that the plan uses a unified policy framework to upgrade value creation capabilities across the entire chain from upstream fiber materials to downstream consumer goods.
Read sourceChina Sets 2030 Target of 30 Trillion Yuan Revenue for Light Industry and Textile Sector
China's Ministry of Industry and Information Technology, along with two other departments, released the '15th Five-Year Plan for the Development of the Light and Textile Industry' on the 22nd. The plan sets a target for the sector's revenue from enterprises above a designated size to exceed 30 trillion yuan by 2030. It outlines 11 specific goals, including establishing around 550 industrial clusters, maintaining overall stable employment, building over 300 high-level pilot platforms, increasing R&D investment intensity of key enterprises to over 3%, achieving a digital production equipment penetration rate of over 63%, having more than 30% of enterprises offer personalized customization, creating over 2,000 green factories, and developing around 600 Chinese consumer brands. The plan emphasizes improving the industry's level of intelligent, green, and integrated development, ensuring solid livelihood support, and significantly enhancing its position in the global industrial and value chains. The report is attributed to Xinhua News Agency.
Read sourceChina Issues 15th Five-Year Plan for Light Industry and Textiles to Boost Value Chain Position
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the '15th Five-Year Plan for the Development of the Light Industry and Textile Industry.' The plan, guided by new industrialization, outlines five major directions and 14 key tasks to push traditional advantageous industries toward the mid-to-high end of the value chain. It aims for the textile industry to reach a world-leading level by 2030, with revenue from enterprises above a designated size exceeding 30 trillion yuan. Key tasks include enhancing innovation capabilities, strengthening original research and core technology breakthroughs, and promoting AI-powered transformation across the entire chain. Experts from the China National Textile and Apparel Council and Southwestern University of Finance and Economics commented that the plan provides clear direction, boosts confidence, and fosters cross-sector integration to create new supply and demand, helping traditional industries generate new productive forces.
Read sourceChina's Textile Firms Accelerate Supply-Demand Fit and Digital Shift Under 15th Five-Year Plan
China's Ministry of Industry and Information Technology, Ministry of Commerce, and State Administration for Market Regulation jointly issued the '15th Five-Year Plan for the Light Industry and Textile Industry,' setting goals for 2030 including improved intelligence, green development, and integration. The plan emphasizes enhancing supply-demand adaptability, brand cultivation, and intelligent and green transformation. Several listed textile companies, including Jiamei Apparel, Huading Shares, Yueda Investment's Yueda Textile Group, and Yunzhongma, have responded positively. Jiamei Apparel is leveraging a multi-tier brand strategy to target different consumer segments. Huading Shares focuses on differentiated functional nylon yarns. Yueda Textile Group, which operates a certified 'Lighthouse Factory,' is promoting AI-driven digital cotton blending and robotics in spinning. Yunzhongma is upgrading its industrial textiles, such as warp-knitted suede, for high-end applications. The companies plan to increase investment in innovation, green materials, and smart manufacturing to align with the plan's directives and enhance their global competitiveness.
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