An overview of the development of textiles

China is a big country in textile production and export. After years of development, China's textile industry has obvious competitive advantages. It has the most complete industrial chain in the world, the highest level of processing facilities, and many developed industrial clusters to deal with market risks. The continuous enhancement of the adjustment ability provides a solid guarantee for the industry to maintain a steady pace of development.

From the perspective of the international environment, there is still a lot of room for expansion and opportunities in the international market. With the expiration of China-EU textile restrictions at the end of 2007 and the end of quota restrictions at the end of 2008, the era of China's textiles without quotas is coming, and the full opening of regions that account for more than 60% of the global textile market will bring huge opportunities to China's textile trade. . In the next few years, the world economy will still be in the rising range, which will definitely promote the growth of international trade, which will bring favorable international market guarantee to the growth of China's textile and apparel exports.

From the perspective of the domestic economic environment, domestic demand will become an important driving force for the growth of the industry. About 80% of Chinese textiles are consumed domestically. With the sustained and rapid growth of the domestic economy, the steady increase in residents' income will drive the further development of the domestic demand market.

Chinese textile enterprises should overcome the difficulties of rising raw materials, RMB appreciation and adjustment of export tax rebates, seize the opportunity of the development of the textile industry, improve the concentration of the industry, curb the blind expansion of inefficient production capacity, increase the construction of characteristic industrial parks, and strengthen independent innovation. to enhance the brand building of China's textile industry, and carry out industrial adjustment and upgrading. Make China step from a textile power to a textile power.