China Textile City， located at Yangtze River delta and founded in October 1988， is the worldrenowned textile-specific wholesale market in China for the largest size in market area， the highest record in business deals and the most abundant varieties in the product-lines. The specialized market covers an area of 3.65 million square meters， including 25 thousand business booths， 40-thousand varieties and 28- thousand venders， as well as 1，200 permanent business enterprises and foreign agencies with 6，000 foreign purchasers.
In recent years， the specialized market， known as China Textile City， has reached a new high continuously on year-on-year basis in the trade value for a breakthrough in 2014， registering 123.813 billion yuan in transactions and more than 4 billion dollars in export， over 10 billion yuan in the turnover of “online textile city”， and 4 million tons in the freight volume. In the fabric-specific market， the value of transaction reached 74.21 billion yuan， including $4 billion of foreign trade （about 24.8 billion yuan） that accounts for one-third of the total fabric deals. The market presents an overall stable performance in 2015 as is proven by the statistics that show the market turnover is steadily growing and market operation keeps stable and prosperous.
In the period of the “12th Five-Year Program”， the local CPC Committee and Government in Keqiao， an administrative district of Shaoxing City， made great efforts to promote China Textile City to “start a new undertaking”， a new chapter in the development of the specialized market. To be more precise， the textile city speeds up the construction pace in market clusterization， modernization and internationalization， accelerating industrial agglomeration， market competitiveness and international influence significantly. With the more reasonable layout of China Textile City by the end of the “12th Five-Year Program”， the market pattern including five markets in “south， middle， north， west and east” will have basically taken shape， two times larger than that in 2006.
The market configuration tends to be more complete
With the products classified into category-specific trade rendezvous， the specialized market that consists of wool textile， knitting， cotton fabric， curtain， home textile， and garments is taking shape consecutively according to different categories while the type of business extends from previous dependence on raw materials and fabrics to a focus on upstream sectors like chemicals， machinery， gray fabric and downstream garment accessories， home textile products. The variety of products in business also takes on a shift from the fore-going preponderance on chemical-fiber fabrics to a more concerted portfolio of chemical fiber， cotton， wool and silk textiles and apparels， basically covering all kinds of textile products and forming an all-climate market pattern to ensure that “the off-season is not pale； the peak season is much busier”.