According to data from the Ministry of Industry and Information Technology, from January to December 2016, the added value of the textile industry increased by 4.9% year-on-year, and the production and operation were generally stable; the fixed assets investment in the textile industry increased by 10.7%; the production and sales rate of the textile industry reached 98.4%, and the garment manufacturing industry was 97.7%; but export value of textile exports decreased by 0.9% year-on-year.
Responsiveness At the market level, media reports recently stated that the rising costs of labor, raw materials, and energy have made China's past world factory price advantage no longer apparent, and that more and more international textile buyers have gradually turned to European suppliers.
According to reports, when choosing a supplier of wool fabrics, a European apparel manufacturer did not choose Chinese manufacturers as it did in the past, but chose Italian manufacturers. This was seen by many industry experts as one of the signs of change.
People in the industry believe that when China’s wages are no longer so low, transporting raw materials to China will no longer be attractive for products shipped back to Europe. At the same time, consumers want Western clothing brands to provide a richer product range, and the demand for customization is also increasing. The closer the supplier is, the better.
Although this is only a case, it also shows that the Chinese textile industry may face more challenges under the new international economic situation. The situation in the textile industry in 2016 was summarized as "Integrating the industrial chain to cope with cost issues, responding to innovation with innovation, and responding to international competition with technology", under the combined influence of multiple factors affecting the development of the industry, the textile industry's growth kinetic energy conversion and transformation The upgrade is still sluggish.
Looking forward to 2017, under the macro guidance of the "Thirteenth Five-Year Plan" and the "Structure of a Strong Textile Country", the Chinese textile industry will create "new three boards" and start the "going out" campaign, showing good momentum of development.
Focusing on the overall goal of building a "strong country in textiles" during the "13th Five-Year Plan" period, Sun Ruizhe, president of the China National Textile and Apparel Council, stressed that in the future China's textile industry needs to coordinate three relationships: industry and society, industry and environment, industry and consumption; The transformation of traditional industries into science and technology industry, fashion industry, and green industry will eventually transform the “new three-board†industrial structure of China's textile industry into an industrial plate, a fashion industry plate, and a technology industry plate.
On the other hand, the overall situation of "going out" in 2017 is stable and good. Xu Yingxin, vice chairman of the China Textile Industry Federation and executive vice president of the China Council for the Promotion of Textile Industry, predicts that China's textile industry will continue its strong momentum of going global. According to his analysis, the positive factors are mainly reflected in three aspects. First, the resolve of the Central Economic Work Conference to explicitly implement the "One Belt and One Road" strategy has not changed; second, the endogenous driving force and internal demand of China's textile industry for transnational distribution have not changed; It is the path that the industry has actively carried out global productivity distribution and advantageous resource allocation through international capacity cooperation, and has not changed its path of positive interaction with domestic industrial transfer and upgrading.
Responsiveness At the market level, media reports recently stated that the rising costs of labor, raw materials, and energy have made China's past world factory price advantage no longer apparent, and that more and more international textile buyers have gradually turned to European suppliers.
According to reports, when choosing a supplier of wool fabrics, a European apparel manufacturer did not choose Chinese manufacturers as it did in the past, but chose Italian manufacturers. This was seen by many industry experts as one of the signs of change.
People in the industry believe that when China’s wages are no longer so low, transporting raw materials to China will no longer be attractive for products shipped back to Europe. At the same time, consumers want Western clothing brands to provide a richer product range, and the demand for customization is also increasing. The closer the supplier is, the better.
Although this is only a case, it also shows that the Chinese textile industry may face more challenges under the new international economic situation. The situation in the textile industry in 2016 was summarized as "Integrating the industrial chain to cope with cost issues, responding to innovation with innovation, and responding to international competition with technology", under the combined influence of multiple factors affecting the development of the industry, the textile industry's growth kinetic energy conversion and transformation The upgrade is still sluggish.
Looking forward to 2017, under the macro guidance of the "Thirteenth Five-Year Plan" and the "Structure of a Strong Textile Country", the Chinese textile industry will create "new three boards" and start the "going out" campaign, showing good momentum of development.
Focusing on the overall goal of building a "strong country in textiles" during the "13th Five-Year Plan" period, Sun Ruizhe, president of the China National Textile and Apparel Council, stressed that in the future China's textile industry needs to coordinate three relationships: industry and society, industry and environment, industry and consumption; The transformation of traditional industries into science and technology industry, fashion industry, and green industry will eventually transform the “new three-board†industrial structure of China's textile industry into an industrial plate, a fashion industry plate, and a technology industry plate.
On the other hand, the overall situation of "going out" in 2017 is stable and good. Xu Yingxin, vice chairman of the China Textile Industry Federation and executive vice president of the China Council for the Promotion of Textile Industry, predicts that China's textile industry will continue its strong momentum of going global. According to his analysis, the positive factors are mainly reflected in three aspects. First, the resolve of the Central Economic Work Conference to explicitly implement the "One Belt and One Road" strategy has not changed; second, the endogenous driving force and internal demand of China's textile industry for transnational distribution have not changed; It is the path that the industry has actively carried out global productivity distribution and advantageous resource allocation through international capacity cooperation, and has not changed its path of positive interaction with domestic industrial transfer and upgrading.
"However, there are risks that require special vigilance from companies. First, the financing of overseas projects in 2017 may create some difficulties. Second, the concentration of international political risks in 2017 will increase, and uncertainty will continue to rise." Xu Yingxin reminded.
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