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China's textile industry has "gone global"

2017-10-18 16:02:29 Tongxiang Xing Fu Textile Co., Ltd. Read

China's textile industry has made new progress in recent years. Companies such as tianhong, perlon Oriental, huafu, youngor, lutai, new dadong, yulon and other enterprises have combined more than 2.5 million ingots in Vietnam, and more than half of the total output of cotton yarn in Vietnam. Shenzhou international, namely hair, dongdu and other knitting garment large enterprises have basically built the domestic and southeast Asian production capacity close cooperation mode. Sponsored by the China textile industry association, the China council for the promotion of international trade branch of textile industry, China's textile international cooperative enterprise alliance, the capacity of economic and information commission of jiangsu province, jiangsu province textile industry association to undertake the 2017 China textile industry "going out" conference held recently in nanjing. Party secretary of China textile industry association and secretary-general Gao Yong at the conference, said recently, overseas investment to speed up China's textile industry, enterprises with international markedly improved the layout of the initiative, the breadth and depth of layout of the international textile industry to develop. The international layout of textile industry can play a strong supporting role in the construction of great power, and it has a positive interaction with the transformation and upgrading of industry in China.

"One Belt And One Road" creates opportunities for the textile industry to "go out"

In March 2015, the Chinese government promulgated the drive and the silk road economic belt and the 21st century the vision and action of the Marine silk road ", "One Belt And One Road" initiative by more than 100 countries and international organizations to a positive response, support and participation, has yielded fruitful results. It can be said that "One Belt And One Road" has become a reality from the concept step by step, and the blueprint moves towards the cooperative action of all parties involved.

Mr Gao said that for China's textile industry, "One Belt And One Road"'s "six corridor six multi-port" points to regional and country areas. Six major economic corridor in the "China - Indochina" is the Chinese textile industry capital greenfield investment, China and India Pakistan, Bangladesh and myanmar and China - central Asia economic corridor is rich in resources endowment, the factors of development of textile industry in Africa, such as Ethiopia's first try and demonstration countries also have the great potential of development of textile industry.

At the same time, "One Belt And One Road" "five" is speeding up to build the depth of the fusion of international and domestic market and overseas investment environment more suitable, for China's textile enterprises and linkage layout with more quality factor resources supply and the single market. With massive infrastructure interconnectivity based system of docking, and economic and trade area financial capital, talent, labor, energy, raw materials and products is expected to be more orderly, fast and free flow, this will significantly promote regional textile supply chain cooperation efficiency, thus for China's textile enterprises in different countries in the domain of capacity collaborative configuration and vertically integrated industry chain to create a good environment. At the same time, a multitude of political, diplomatic and economic resources input and commitment to each other, for China's textile enterprises in the countries along the "area" all the way to create long-term security, stability, the economic geographical environment as much as possible.

China's textile industry is picking up speed

According to the statistics of ministry of commerce, between 2003 and 2016, China's textile industry accumulated a total of $7.63 billion in foreign direct investment, with an average annual growth rate of 28.25%, accounting for 7.89% of the total foreign direct investment in manufacturing in the same period. Among them, the foreign direct investment stock of textile industry was us $4.73 billion, the amount of foreign direct investment in textile and apparel industry was us $20.59 billion, and the amount of foreign direct investment in chemical fiber manufacturing was us $842 million.

Mr Gao said the figures showed that foreign investment in China's textile industry was accelerating. Since the outbreak of the global financial crisis, the foreign direct investment in China's textile industry has accelerated significantly, with an annual growth rate of 30.88 percent. In 2015, 2016 two years total textile foreign investment accounts for the proportion of the total stock of more than half since 2003, especially the textile industry in 2016 foreign direct investment amount of $2.66 billion, up 89.3% from a year earlier.

At the same time, the enterprise actively carries out the international layout consciousness obviously ascend. According to gao, some companies are now more determined and efficient to translate international consciousness into overseas investment actions. More and more backbone enterprises have shifted from the "passive overseas layout" required by customers to a deliberate "active overseas layout". In the case of Ethiopia, which attracted attention last year, its project, decision-making, engineering construction and personnel training are all advancing efficiently. Rutai is now building a fully integrated industrial chain from spinning to clothing in Vietnam, and all three garment factories in Vietnam, Cambodia and myanmar are fully operational. A growing number of textile companies recognize that the initiative to create new capacity and target market layout at the global level will help enterprises maintain an international competitive advantage.

In addition, the breadth and depth of industry international layout have been expanded. Over the past two years, the overseas investment of China's textile industry has continued to take on multi-regional, multi-industry and multi-form development, with both breadth and depth expanding. From the overseas investment area, the transnational greenfield investment of production capacity is mainly in southeast Asian countries (Vietnam, Cambodia and myanmar), with a clear lead in investment stock. From high quality resources in the industry of global integration, raw material resources, design research and development and high-end technology, brand and market channel resources of major investment area for Europe and the United States, the developed countries and some of the rich raw material resources of our country, such as France, Italy, Australia, Canada and New Zealand, etc., through the best of French SMCP fashion group acquisition caused much attention. Fine divisions, cotton textiles and clothing sector is still outside the greenfield investment hot spots, printing and dyeing, fabric, home textile and chemical fiber production capacity in the field of international configuration beginnings, industrial textiles and textile machinery products mainly export products at present.

For the focus of the next international textile industry layout, Gao Yong said the international textile industry layout can play a role of strong support for the construction of a textile powerhouse, and with the industry in the transformation and upgrading of domestic produce positive interaction, to fully release the layout to support the positive momentum of the construction of the textile power.

First, China's textile industry can realize international integration of industrial chain through international distribution. The transnational transfer of some production capacity of textile industry is the objective law of historical evidence. , take the initiative to comply with this historical trend through greenfield investment in key areas and key country, China's textile industry capital new capacity expansion, can maximum extent form "Chinese native and overseas" key areas to optimize productivity layout, maintain and upgrade the core advantage of China's textile industry in the international supply chain.

Secondly, the Chinese textile industry can realize the status of the industrial global value chain through international distribution. Industry association support industry companies through mergers and acquisitions overseas investment and cooperation actively for the global textile industry chain of high quality resources, enhances the core competitiveness of the industry and development, expand the Chinese textile industry development space.

In addition, through the international cooperation actively implement layout to the global resources docking the global market, cultivating a batch of Chinese as the foundations of multinational manufacturing companies and fashion group, at the same time, driving the development of a number of developing countries to realize win-win, is to join the ranks of the textile industry of China power.