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Since the beginning of this year, the world economic situation has undergone major changes, Sino-US trade frictions have intensified, and disputes between South Korea and Japan have continued to intensify, casting a shadow over the development of the world economy and trade.
 

It is gratifying that although the world trade order is suffering an unprecedented impact, the textile trade exchanges between China and South Korea have never been interrupted. Chinese can be heard everywhere in Seoul's Dongdaemun, Myeongdong and other business districts, and people engaged in textile foreign trade also frequently travel to and from China and South Korea, constantly expanding new areas of textile trade between the two countries. In particular, the prospect of Sino US trade friction is uncertain, so that Chinese textile enterprises see opportunities in South Korea.

On August 28, the three-day Korea International Textile Exhibition (Preview in SEOUL 2019, hereinafter referred to as PIS) opened at the COEX Convention and Exhibition Center in Seoul. The exhibition was sponsored by the Korea Fiber Industry Federation and was supported by the Korea Industry and Trade Resources Department, Seoul Municipal Government, Daegu Municipal Government, Gyeonggi Province Government and Korea Trade and Investment Promotion Committee.


The PIS exhibition began in 2000 and this year coincides with its 20th anniversary. A total of 442 enterprises from home and abroad participated in the exhibition, occupying two COEX exhibition halls. Both the number of participating enterprises and the exhibition area are the largest in the history of the PIS exhibition. A total of 183 enterprises from China participated in the exhibition, which also set a record for participating in the PIS exhibition, an increase of more than 60% over the previous one. Hengli Group, Shenghong Group, Binzhou printing and dyeing and other well-known domestic enterprises appeared in the exhibition.


Cheng Qihe, President of the Korea Fiber Industry Federation, attended the opening ceremony and presented trophies and flowers to enterprises or groups that have been participating in the exhibition for more than 15 years. The guests attending the opening ceremony also watched the film of PIS exhibition's 20-year development.


According to the organizers, due to people's uncontrolled mass production and consumption, the environment on which human beings depend for survival is deteriorating day by day, so the theme of this PIS exhibition is "Good-Circle"(Good-Circle), which reflects the latest Global trends and the development direction of textile and garment enterprises. In order to make our only earth a livable planet for sustainable development, textile and fashion enterprises all over the world actively introduce 100 percent microbial decomposition raw materials, pure natural materials, zero pollution technology based on environmental protection biotechnology, etc. A large number of such sustainable materials and products have also been introduced at PIS.


South Korean companies such as Hyosung TNC, G-legacy, SAMSUNG CNT, Duckwoo Corporation, KAYJUNE COMPANY CO., LTD, ONE CHANG MATERIAL, YOUNG TEXTILE, etc. showed products made of organic cotton, Tentsuis/modal cotton, recycled polymer, nylon, etc., while SHINHANIND and PANGRIM CO., LTD. KOTERI and others demonstrated green dyeing and processing technology. In addition, in order to improve the convenience of buyers purchasing, the exhibition organizers introduced Bluesign, GRS, GOTS and other environmental protection certification enterprises and sustainable development enterprises through prompt boards, various promotional products, website indexes, etc.


In addition, six-joint sewing robots, iron robots and other equipment that can be used in the production of textile and clothing industry are refreshing, and high-tech such as 3D virtual clothing production and wearable products also attract many visitors.


Chinese companies exhibited high-quality yarns, functional fabrics, accessories and other products. Green environmental protection has become a new feature, allowing Korean companies to have a new understanding of Chinese products.


Many Chinese companies said that Sino-US trade frictions will have a certain impact on Chinese companies' exports, but the Korean market is also not optimistic. In the face of the downturn in world trade, enterprises should strengthen product innovation, develop markets in a targeted manner, and strengthen supply chain management and control to minimize costs and not blindly expand production capacity.


In addition, more than 70 designers and buyers from domestic textile and garment enterprises formed a buyer group and also participated in commercial docking activities. During the exhibition, FS Shenzhen International Garment Supply Chain Expo also held a promotion meeting around the theme of "Environmental Analysis and Solutions for Korean Textile and Garment Enterprises to Enter the Chinese Market" to share the latest trends in China's textile and garment market.


The exhibition also held press conferences and seminars on fashion trends and technologies; handmade activities to turn old things into treasures were also carried out at the exhibition site to promote the concept of green environmental protection; the organizers also included talent recruitment in the activities to provide enterprises and Students preparing for employment provide an opportunity for direct dialogue to solve the problems of employment and recruitment in the textile and apparel industry.