Double Factors Urge Domestic Textile Industry To "Go Out"

In recent years, with domestic and foreign

The change in China's textile and garment enterprises has seen a slowdown in the scale of production, export volume and total investment. The share of major export markets has also declined significantly, and some overseas orders have begun to withdraw from China.

Internationally, Southeast Asia, Central Asia and other countries have begun to become new investment hot spots, and began to undertake the pfer of orders.

Cost factors and trade factors have become the main reasons for promoting the "going out" of domestic textile enterprises.

In March 16th, at the M7-03 conference room of Shanghai National Convention and Exhibition Center, Wang Zhengguang, director of the strategic research center of China Textile Network Information Technology Co., Ltd.

Special report on development opportunities.

He emphatically analyzed and compared the current situation and investment advantages of several key countries along the belt and road, including the textile industry policy, preferential tax policy, labor cost and so on.

This lecture will guide enterprises how to use data analysis.

We should take a close look at the trend of international development, take advantage of the advantages of international integration, grasp the development opportunities along the belt, and reduce costs to seek greater room for development.

Representatives of local industry associations and representatives of invited enterprises attended nearly 200 people. The representative of India Brandi clothing city came to hear and answer questions from enterprise representatives.

More and more enterprises have focused their development goals overseas. They have made use of the comprehensive cost of cheap labor costs and favorable trade policies overseas to enhance their overall competitiveness.

At the same time, the strategy of "one belt and one road" advocated by our country is also expanding the "circle of friends", which brings more opportunities for domestic textile and garment enterprises to invest overseas.

Director Wang Zhengguang has interpreted the key areas along the four "one belt and one road" areas in the key areas of India, such as Ande, Laban, Pakistan, Ethiopia and Uzbekistan, to help enterprises fully understand the textile and clothing policies, financial policies, tax and fee policies, the domestic political and public security environment, land prices, related supporting facilities, and the labor force situation of the target countries.

This seminar has provided a good eyesight agent for domestic enterprises looking for overseas factories, and provided opportunities and benefits for domestic textile and garment enterprises to "go global".

Domestic textile enterprises should take full advantage of the development opportunities of "one belt and one road" to gain greater profit margins and room for growth.

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Ande Labon is one of the largest cotton producing countries in India. The textile industry is mature, skilled, spinning and textile processing industry develops better, and has formulated a series of preferential policies such as loan subsidies, energy subsidies, preferential taxes and fees for the development of textile and garment industry.

Pakistan is the fourth largest cotton producing country in the world, and its spinning capacity accounts for 5% of the world's total capacity.

The government of Pakistan plans to increase US $5 billion in the next five years to invest in textile equipment and technology; to set up an international textile center, to initially set up 30 one-stop international procurement offices and provide free services; encourage foreign enterprises and domestic enterprises to run locally and provide a series of concessions in the form of joint ventures.

As an important area along the way, Africa is increasingly becoming a hot spot for international investment with its rich resources and potential for development.

At present, Ethiopia is committed to building an African manufacturing center, actively undertaking China's industrial cooperation and capacity pfer, and the government takes textile and clothing as a priority development industry, relying on special industrial parks and a variety of incentive policies as the key content development strategy to benefit the development of export oriented industries.

Uzbekistan is a crossroads linking the central and Western Europe and Central Asia's pportation hub between the East and the west, the Silk Road in twenty-first Century.

Uzbekistan is the fifth largest cotton producing country in the world. It is estimated that Uzbekistan's cotton exports will reach 476 thousand tons in 2016.

Ukrainian textile industry includes cotton yarn, cotton cloth, silk production and garment making, and cotton and raw silk are the main raw materials of Ukrainian textile industry.