4.The world’s cashmere capital looks to China, and China’s cashmere capital looks to Qinghe

In Xingtai City, Hebei Province, lies a northern county that doesn’t raise sheep, yet it firmly controls the lifeline of global luxury cashmere raw materials. This is Qinghe County, hailed as the “Cashmere Capital of China” and the “Cashmere Capital of the World.” After more than forty years of development, Qinghe has transformed from a humble roadside market into a billion-yuan-level industrial cluster processing and distributing 8,000 tons of cashmere and over 50,000 tons of sheep cashmere annually, accounting for 60% and 90% of the national total respectively. Nearly 50% of the world’s cashmere raw materials are distributed here.

Industrial Scale and Full Industrial Chain Advantage: A Super Cluster Created from Nothing

Qinghe’s cashmere industry has completely moved beyond the initial processing stage, forming a complete industrial chain encompassing raw cashmere procurement, sorting, spinning, knitting, fabric weaving, garment manufacturing, and end-user sales.

A Vast Industrial Base and Market Share

Currently, Qinghe boasts thousands of cashmere-related enterprises, employing over 60,000 people. In 2024, the Qinghe cashmere industry achieved operating revenue of 47 billion yuan, a year-on-year increase of 25.2%; from January to November 2025, revenue reached 47.81 billion yuan, a year-on-year increase of 8.48%, and the annual revenue exceeding 50 billion yuan is a certainty. Annual yarn production exceeds 9,500 tons, fabric production exceeds 4 million meters, and sweater production exceeds 36 million pieces, with the production and sales volume of various cashmere products ranking among the top in the country.

Core Product Matrix: From “Soft Gold” to High-End Garments
Cashmere is known as “soft gold” and “fiber diamond.” The Qinghe cashmere industrial belt has achieved full coverage of product lines from basic raw materials to high-end garments, meeting the needs of different market levels.

1. Top-Grade Cashmere Raw Materials and Yarn
Qinghe produces dehaired goat cashmere, typically with a fineness below 15 microns and a length exceeding 36 millimeters, possessing an extremely soft feel and excellent warmth retention. Its cashmere yarn not only supplies the domestic market but is also exported in large quantities. In 2025, my country’s total cashmere yarn exports reached 3,488 tons, with an export value of US$375 million, representing year-on-year increases of 28.90% and 29.50% respectively. Qinghe County accounted for a significant share of this export.

2. Cashmere Sweaters and Knitwear
Cashmere sweaters are Qinghe’s core end product. Thanks to its “one-piece forming” computerized flat knitting technology, Qinghe’s cashmere sweaters eliminate the traditional sewing process, resulting in more comfortable and form-fitting garments with novel designs and rich colors. From basic solid-color undershirts to jacquard and color-block designs incorporating international trends, Qinghe cashmere sweaters are winning over global consumers with their high cost-performance ratio and superior quality.

3. Cashmere Coats and Woven Fabrics
Besides knitwear, Qinghe is also making rapid progress in woven products such as cashmere double-faced wool coats and cashmere suits. Its cashmere fabrics have a natural luster and good drape, making for lightweight and warm coats that have become best-selling items in high-end women’s and men’s business attire for autumn and winter.

4. Cashmere Scarves, Shawls, and Accessories

As high-frequency consumer goods, Qinghe’s cashmere scarves and shawls are highly competitive on e-commerce platforms. Prices range from high-quality blended products costing tens of yuan to high-end 100% pure cashmere pieces costing thousands of yuan, catering to the needs of different consumer groups.

Cross-border Expansion and Brand Strategy: From Behind the Scenes to Milan Fashion Week

Faced with the vast opportunities in the global market, Qinghe is actively expanding its international footprint, striving to transform its cashmere industry from “selling raw materials” to “selling brands.”

Live-streaming E-commerce and Cross-border Expansion as Dual Drivers

The Qinghe Cashmere Town, with a planned area of ​​3.2 square kilometers, is home to over 600 merchants and more than 2,500 e-commerce operators, with live-streaming sales accounting for over 60%. In 2025, Qinghe County’s total e-commerce transaction volume reached 19.76 billion yuan. Meanwhile, Qinghe cashmere products are exported to more than 50 countries and regions worldwide. In the first quarter of 2025, Qinghe’s cashmere yarn exports reached US$100 million, a year-on-year increase of 20.82%. The unit price of end products (such as cashmere sweaters) increased significantly (+73.57%), demonstrating that cross-border e-commerce is driving the industry’s transformation towards higher value-added products.

Brand Awakening and Internationalization: To break free from the predicament of “selling soft gold at bargain prices,” Qinghe enterprises have participated in Milan Fashion Week for four consecutive years since 2023. In January 2026, Qinghe cashmere’s debut event was held at the Xinhua News Agency building, showcasing thousands of original design products. Currently, Qinghe owns thousands of brand trademarks, and “Qinghe Cashmere” has been recognized as a national geographical indication trademark and included in the Ministry of Industry and Information Technology’s list of 100 key textile and apparel brands for development.