2010 Henan Textile High Level Forum Focuses On New Cotton Prices And Trends

25~26 August, Henan Spin Sponsored by the trade association, the provincial textile entrepreneur association, the Provincial Textile Engineering Society, the "2010 Henan textile high level" organized by Kaifeng Textile Industry Association, Henan Tai Hong textile and Weishi Textile Co., Ltd. forum It was held in Kaifeng.

Xu Wenying, vice president of China Textile Industry Association, Lv Qinghai, Party Secretary of Henan Provincial Bureau of industry and commerce, Henan provincial development and Reform Commission and relevant departments of Kaifeng attended the meeting. More than 130 representatives from 80 key textile enterprises, cotton business enterprises and relevant colleges and universities attended the meeting. The conference held extensive exchanges and in-depth discussions on hot issues such as analyzing the situation of textile industry and forecasting the price and trend of new cotton. In his speech entitled "speeding up structural adjustment, adhering to the fundamental transformation of technological innovation and promoting development mode", Xu Wenying stressed that China's textile industry has entered a strategic opportunity to adjust its structure, upgrade its industry and transform its development mode. In the next 10 years, the key to the new industrialization road of the textile industry with high technology content, good economic returns, low energy consumption, less environmental pollution and full exertion of human resources is the strategic opportunity for the transformation of textile power to textile power in the 10 years. "In 2010, Textile industry Still faced with a series of uncertainties. Although the textile industry is picking up, the foundation is not stable. This year's booming market situation is under abnormal circumstances. Xu Wenying said that several aspects that affect the textile economy should be taken seriously: first, the continuous high volatility of crude oil and cotton commodity prices, driving up the price of chemical fiber and textile raw materials. Domestic labor, energy and other factors of production prices also showed a significant upward trend, and the cost pressure of enterprises increased significantly. Two, the problem of corporate financing may be more prominent. Although domestic monetary policy will remain "moderately relaxed" in 2010, the central bank has announced 3 increases in reserve requirements by 0.5 percentage points. The three is the export environment. The rise of trade protectionism will be an unavoidable problem in the process of global economic recovery. Four, the pressure of RMB appreciation is increasing day by day. Five, recruitment is difficult. The shortage of labor force is widespread in coastal areas, and "unable to recruit or retain" has become one of the important problems affecting the normal operation of cotton textile enterprises.