Analysis of the Development Trend of Chinese Textile Industry Based on Growth Curve Model
Growth-curve models are generalized multivariate analysis-of-variance models. This kind of method was widely used in the prediction of industry development cycle. The textile industry occupies an important position in the national economy of China. The paper analyzed the development trend of Chinese textile industry based on growth curve model and found out that Chinese textile industry is in the formative stage and is about to begin entered into matured period. The next five years the average annual growth rate of Chinese textile industry can reach more than 9 percent, and the textile industry output will reach 6 trillions in 2015.
Xiaoming Qian and Huawu Liu
T. Ma and H. Zhao, "Analysis of the Development Trend of Chinese Textile Industry Based on Growth Curve Model", Advanced Materials Research, Vols. 332-334, pp. 1386-1389, 2011