The trade wind is difficult to blow, thousands of grinding thousands of blows from the firm!
Since 2018, China-Us trade frictions have been tortuous.
For this year's textile and apparel export situation, the Industrial Economic Research Institute of the China Textile Industry Federation predicted at the just-concluded analysis of the economic operation of the textile industry in the first half of 2019 that the growth of the global economy and market demand is expected to slow down due to the rising uncertainty of the trade environment and the weakening of the economic growth momentum of the United States. China suit factory At present, Sino-US trade relations are difficult to completely ease, trade frictions do not rule out the possibility of further escalation, although only involving the export of goods to the US single market, but the deterioration of the trade environment impact market confidence, will make the textile industry export situation more severe, the total export in the second half of the year to restore positive growth more difficult.
The reporter learned from the China Textile International production capacity cooperation Enterprise Alliance that although the Sino-US trade friction has escalated since May this year, the export performance of the industry in the first half of the year shows that the most important export market for China's textiles and clothing is still the United States. However, China's exports to Africa grew faster, achieving a year-on-year growth of 5.24%, especially textile exports China suit factory increased by 10.06%; The amount of textile and garment exports to countries along the "Belt and Road" was 44.799 billion US dollars, of which 30.334 billion US dollars of textile exports, an increase of 3.23%, the diversification of China's textile and garment industry export market is emerging.
Although economic and trade frictions have added uncertainty to China's textile and garment industry, at the 2019 China Textile and Garment Trade Exhibition (New York), many American industry insiders said that they will not stop cooperating with China suit factory 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. During the exhibition, a number of American buyers said that they are very satisfied with the quality and production efficiency of Chinese products, and will work with Chinese suppliers to deal with risks, and will not consider changing suppliers. Mark Engebretson, executive vice president of US fashion brand Vince Holdings, said the company has a commitment to its Chinese partners and will work with them to deal with any adverse situation that may occur, and "everyone will do their part."
However, we do not deny that Sino-US trade frictions have indeed had a lot of negative effects on Chinese textile companies, some companies began to feel a decrease in orders from the beginning of the year, and even to the second half of the year, some companies are facing the status quo of no orders.
Sino-us trade friction will undoubtedly be a protracted tug of war, but it can also force industry enterprises to accelerate transformation and upgrading. For example, in the process of hedging the external economic environment, the textile and garment industry should actively fight for its own interests and strive for its own space in the increase of domestic demand; In the case of Sino-US trade friction, the differentiation and concentration of the industry will accelerate, so it is necessary to continue to improve the efficiency of the industry supply chain, and at the same time through product research and development and innovation, the alternative products can be irreplaceable, which is a path for the sustainable development of the textile and garment industry in the future.
Sun Ruizhe, president of the China Textile Industry Federation, said that common development is our social responsibility, and the development of China's textile industry has promoted win-win cooperation in the global textile industry. In the past few years, we have achieved cooperation and development with Myanmar, Cambodia, Pakistan, ASEAN and other neighboring countries and regions. At the same time, we have actively engaged in dialogue with Egypt and Ethiopia, sharing China's experience with them for reference and helping them improve their economic growth and living standards. At the same time, the Guidelines for Responsible Overseas Investment of China's Textile and Garment Industry were issued to promote the sustainable development of inter-regional industrial cooperation.
As a pioneer industry in China's economy, how does the textile industry deal with Sino-US trade frictions? It's also about doing your own thing. Sun Ruizhe pointed out that the new development of China's textile industry transformation and upgrading is manifested in three aspects: manufacturing intelligence, channel diversification and responsibility globalization. China's textile industry will continue to focus on scientific and technological innovation, pay attention to basic research such as emerging fibers and high-end equipment, and at the same time, cross-border cooperation will transform the innovation achievements to other fields such as medical and health care, safety protection, ecological environmental protection, transportation environmental protection, aerospace infrastructure and so on. And will also play a leading role in fashion and culture, strengthen brand building; Responsibility-oriented, green development, taking into account human responsibility, environmental responsibility, market responsibility; In addition, it is necessary to integrate resources, form industrial synergy advantages, and build world-class advanced industrial clusters.
We must recognize that Sino-US trade friction is an inevitable event in the process of China's rise and cannot be avoided. In this context, Chinese enterprises must have a forward-looking thinking, self-reliance, innovation and development, actively cope with uncertainties, and seek long-term development. Therefore, we must strengthen confidence and take the initiative to force enterprises to accelerate the pace of transformation and upgrading.
We believe that relying on the resource endowment and the complete industrial chain and infrastructure of the textile industry, in the big era of opportunities and challenges, hard-working, intelligent and confident textile people will certainly find new opportunities for the industry.