Economic and trade friction does not damage the international competitiveness of China's textile and garment industry.

Release time:

2019-08-02

Under the haze of trade protectionism, international economic and trade frictions have added uncertainty to China's textile and garment industry, but many American industry insiders said that they will not stop cooperation with relevant Chinese enterprises. At the same time, with the active innovation and upgrading of Chinese enterprises and overseas layout, China's textile and garment industry will remain competitive in the international market for a long time in the future.

The 2019 China Textile and Apparel Trade Show was recently held in New York City, USA. During the exhibition, many American buyers said that they were very satisfied with the quality and production efficiency of Chinese products, and would work with Chinese suppliers to deal with risks and would not consider changing suppliers.

Mark Eng Bresson, executive vice president of American fashion brand Vince Holdings, said that the company has a commitment to its Chinese partners and will work together to deal with any adverse situations that may occur. "Everyone will do their part."

Costa Juliana Solomon, a garment manufacturer who has been working with a Chinese fur company for five years, said that because the raw materials come from China, the company's fur business will not be transferred from China. Cooperation with Chinese partners has been fruitful. Solomon now travels to China almost every month and plans to move her purchasing business from South Asia to China.

Lu Sheng, an assistant professor at the University of Delaware in the United States, recently jointly launched a survey report on large and medium-sized fashion brands, retailers, importers and wholesalers in the United States with the American Fashion Industry Association. The report shows that the US tariff measures will not shake the status of China's textile and garment industry as a major supplier to the United States.

Julia Hughes, president of the American Fashion Industry Association, said that the industry has been talking about the global supply chain, which is one of the biggest advantages of China's textile and garment industry and the reason why Chinese related enterprises have become top suppliers. It is expected that China will still maintain this position in this field.

While China's textile and garment industry is under external pressure, it is also moving further to the upstream of the industrial chain. A large number of Chinese textile and garment enterprises are located in Southeast Asia, Central and South America and Africa, and import raw materials from China.

Lu Sheng told Xinhua that in addition to the advantages of scale, China's textile and garment industry can provide a variety of products, and China's advantages in this respect are very obvious. In addition, the industry is constantly improving, and many companies are considering how to make money by building their own brands.

At the same time, the fierce global competition is also promoting China's textile and garment industry to "science and technology, fashion, green" direction, enterprises in environmental protection, small batch production, fast delivery and other aspects of the ability to significantly improve, and continue to increase the investment and research and development of new products and new processes.

Xu Yingxin, vice president of the China Textile Industry Federation, said during the exhibition that Chinese suppliers are actively improving the level of automation and intelligence through technological innovation, and building their own brands to enhance the added value of products.

Analysts believe that as China's domestic demand continues to grow and the industry strengthens cooperation with the "Belt and Road" to build countries and regions, China's textile and garment industry will remain strong in international competitiveness.

(Source: Xinhua)

Weak global economic growth, cotton supply or surplus in the second half of the year

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