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In the past two years, with the help of the new opportunities brought by the "Belt and Road" initiative to the textile industry, Textile City has vigorously implemented the "Silk Road Keqiao · Full Global" exhibition deployment action, implemented the "government-enterprise linkage, group participation" model, and targeted Organize enterprises to participate in overseas exhibitions, encourage enterprises to "go global", help enterprises open up international markets, expand international horizons, tap the potential of multilateral trade, and enhance the international influence of Textile City.

Recently,"Silk Road Ke Qiao Full of the World" Go to South Korea for Special Promotion MeetingIn the North market, the United market has been held, and attracted the North Union market, Tianhui market, the East market and other nearby major market operators have to go to the consultation. The event is hosted by Global Textile Network and Online Textile City, focusing on introducing the time, location, and itinerary of the upcoming Korean matchmaking meeting to merchants in China Textile City.

High matching degree and broad development prospects

AccordingMiao Qilin, Manager of Market Service Department of Global Textile Network/Online Textile CityAccording to the introduction, the South Korean docking meeting will be held in Seoul from January 9 to 12, 2019. It is expected that 20 to 30 high-quality supplier teams will be organized to participate in the docking with local clothing brand enterprises, fabric dealers and agents. In addition to the docking meeting, we will also lead you to visit the local professional market, visit and inspect the local textile market, so as to further explore the meeting points between the two sides and look for new business opportunities.

On the spot of the promotion meeting, there was an endless stream of business operators who came to consult,Shaoxing Youbo Textile Co., Ltd., Zhousheng Knitting Co., Ltd.Many other enterprises even signed the bill on the spot, actively seizing the limited number of places to go abroad. In response, Miao Qilin said that there are a large number of enterprises interested in participating in each foreign exhibition and docking meeting. However, as the organizers of the activities, the Global Textile Network and the Online Textile City will consider and check the business varieties, product style and route, business reputation and other aspects of the enterprises to ensure the highest matching degree between the participating parties.

It is reported that South Korea, as one of the developed countries in Asia, has rapid economic development and broad prospects for development. As the first foreign stop in 2019, the South Korean docking meeting has a great impact on the "going out" deployment of China Textile City throughout the year. "South Korea's market demand mainly includes two parts: domestic and export. The advantage of the domestic market is the high acceptance of unit prices, while the advantage of export is the large demand. It is believed that the first foreign stop in 2019 will be selected in South Korea. The first step of the year." Miao Qilin said.

Strong effectiveness to expand the international market

In recent years, Keqiao adheres to the strategy of "going out" and "bringing in", and continues to carry out overseas trade docking activities of China Textile City. At present, a variety of activities such as self-organized exhibitions, group exhibitions, matchmaking meetings, and business forums have been carried out in Myanmar, Vietnam, the United States, Pakistan, Bangladesh, Italy and other countries, and have cooperated with local governments, business (association) associations, and large enterprises. The foundation for cooperation has been initially established.

It is worth mentioning that at the 2017 Myanmar International Textile Exhibition, the first overseas self-organized exhibition of China Textile City, the exhibitors of China Textile City accounted for 2/3 of the total number of exhibitors at the exhibition, which made China Textile City famous in one fell swoop.shaoxing youbo textile co ltdAs the first batch of enterprise representatives to follow the pace of the government to "go out", they received nearly 5000 meters of real orders at the Myanmar exhibition site, harvested a large number of potential customers, and really felt the actual effect.

At the promotion meeting of this South Korea docking meeting, Shaoxing Youbo Textile General ManagerZhan NaichangTake the lead in signing up and seizing places to go abroad. It is understood that the company is mainly engaged in cotton, linen, tencel, T/R plaid and other products, committed to the high-end textile route, and Debenhams, Cato, Mango and other international brands have long-term cooperation, products are exported to Europe, America, Southeast Asia and other countries.

"Our products are not only fashionable and generous in design, but also strictly controlled in all aspects of raw materials and dyes, mainly natural plant fibers, using environmentally friendly dyes, green and safe, high-end quality, and a high fit with the Korean market. Since the beginning of this year, we have received many Korean orders, and we believe that this docking meeting will open up more new Korean customers." Zhan Naichang said.

"Participating in foreign activities not only gives our companies the opportunity to enjoy the'Belt and Road' related policies, but also a good platform for overseas market development, which can help companies quickly understand the local market and open up product sales." At the promotion meeting, many business owners said that they would actively participate in the 2019 "Silk Road Keqiao · Full of the World" event.

Since the beginning of this year, led by the China Textile City Construction Management Committee, the Global Textile Network and Online Textile City have organized enterprises to participate in more than 10 exhibitions abroad, bringing practical results and opportunities for many Keqiao textile enterprises. Next year, it is also planned to hold exhibitions and special matchmaking meetings in more countries along the "Belt and Road" to further enhance the overall brand image and popularity of China Textile City, explore the new Silk Road, and build an international textile capital in the new era.

south korea's textile industry advantages:

Policy advantages: Since the new government came to power in 2017, South Korea has implemented the "income-led growth policy" to expand income, promote consumption, and ultimately stimulate economic growth, and increase demand in the textile market.

Advantages of the situation: Recently, due to the sharp changes in the labor environment such as rising minimum hourly wages and difficult recruitment, the domestic textile industry has reduced production and increased global procurement. It is expected that imports will continue to grow.

Tariff advantage: this year, South Korea signed a free trade agreement with five Central American countries and reached a compromise on the revision of the South Korea-US free trade agreement. Rules of origin were revised for three textile materials not produced in South Korea, including copper ammonia rayon, cashmere and viscose staple fiber. At the same time, the United States may abolish the import tariff (32%) on South Korean textiles, and South Korea's textile exports to the United States are expected to increase significantly.

Political advantage: Taking the Pyeongchang Winter Olympics in February this year as an opportunity, the tension on the Korean Peninsula slowed down, and the atmosphere spread to the heads of state of the DPRK and the DPRK and the United States. If the denuclearization of the Korean Peninsula accelerates, the United States will relax sanctions, and eventually the textile market on the Korean Peninsula will further expand.

Industry advantages: artificial intelligence, Internet of things, virtual reality and other fourth industrial revolution boom is changing the fashion industry model. The fashion industry has changed from the previous perceptual design industry to an innovative platform industry that combines ICT and uses data. Thanks to technological innovation, it is expected that the Korean personal clothing planning service market will continue to expand.

In short, the revision of the South Korea-US Free Trade Agreement, the easing of relations with North Korea, and the increase in domestic minimum hourly wages are good opportunities for opening up the South Korean market. China Textile City has always been famous for its textiles in the world, and South Korea's design strength and control of fashion trends should not be underestimated. The two sides can complement each other and develop together.