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On July 5th, the China Textile Industry Enterprise Management Association invited experts and scholars in the industry to interpret the international economic situation and analyze the trend of the economic operation of the industry around the topic of “changes and prospects in the international market”.
Zhang Haiyuan, deputy director of the Institute of Foreign Trade of the International Trade and Economic Cooperation Institute of the Ministry of Commerce, pointed out that the current slowdown in China's textile and apparel exports is a structural adjustment in the new era, and it should be treated with normality. At present, China's foreign trade situation continues to improve, and there are also some uncertain factors. In the first quarter of this year, the traditional textile and garment market exports were stable, emerging markets were ups and downs, and the export structure accelerated to the upstream semi-finished products. Except Guangdong Province, other major export regions were growing well. Although China's share of the international market has entered a downward channel, the rate of decline has slowed down. China will still play an important role in the procurement of textiles and garments. In addition to markets such as Vietnam and Bangladesh, the Ethiopian market is gaining favor.
Xia Lingmin, vice president of the China National Textile and Apparel Council and president of the China Textile Industry Enterprise Management Association, pointed out that from January to May, the textile industry's main business income was 3.7%, exports increased by 3.3%, and investment fell by 1.5%. Not ideal enough. It is worth noting that the decline in investment may be related to environmental, policy and financial factors. However, the total retail sales of textiles is not slow, and the growth rate of online retail sales is still strong.
Xia Lingmin believes that enterprises need to build the domestic market well, the industry should further enhance its innovation capability, and must adhere to the "going out" pace to create a new layout space along the "Belt and Road".
“Currently, the new positioning of technology, fashion and green textiles is becoming more and more obvious. The textile industry has a very good market network and consumer demand, and has great potential in competition with neighboring countries. This is also a great driving force for the transformation and upgrading of the industry. Cao Xuejun, deputy director of the Consumer Products Industry Department of the Ministry of Industry and Information Technology, believes that the textile industry's innovation base in materials and equipment needs to be continuously strengthened, and it is necessary to continuously promote the "two integrations" and intelligent manufacturing.