China's textile and garment industry faces three major challenges

Fu Ziying, China's Vice Minister of Commerce, said in Guangzhou on the 1st that although China has become an important global textile and garment manufacturing center and exporter, the current Chinese textile and apparel industry is facing lack of innovative design capabilities, gradual weakening of export price advantages, and international marketing channels. Three major challenges such as lack of.

The “2011 China • International Textile and Garment Trade Development Forum” was held on the 1st at the Canton Fair Complex. Fu Ziying attended the forum and made the above statement. He pointed out that textiles and garments are traditional Chinese export products. After years of development, China has become an important global textile and garment manufacturing center and a major exporter. China’s textile and apparel exports have now accounted for about one third of the global market share, and its trading partners have been More than 200 countries and regions around the world.

"But what we must see is that China's textile and garment industry still faces challenges." Fu Ziying said that China's textile and garment industry lacks innovative design capabilities and lacks independent brands. At present, China's textile and apparel exports are still mainly brand-named, and self-designed, self-owned brand products account for less than 10% of the total exports.

Fu Ziying said that the export price advantage of the textile and clothing industry is gradually weakening. With the significant increase in labor and raw material costs, the pressure for appreciation of *** has continued to increase, and the profitability of enterprises has been squeezed. In addition, the company lacks international marketing channels, weak control over high added value links in the industry chain, weak bargaining power, and lack of international competitiveness.

Fu Ziying stated that textile and apparel companies should use the policy environment, actively introduce advanced overseas design resources, enhance their design capabilities, strengthen exchanges and cooperation between Chinese and foreign brands and enterprises, and fully utilize international commerce and trade platforms to achieve domestic and international advantages in resource integration, and improve enterprises’ access to the international market. The pioneering ability.

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