Promoting Textile And Garment Industry Upgrading &Nbsp; South Korea Promoting "Milan Plan"

In order to promote the upgrading of the textile industry in Daegu, the local government has proposed to accelerate the promotion of the "Milan plan" and focus on the research and development of high value-added projects such as nanofiber, ultrafine fiber and intelligent fiber and digital dyeing engineering, new fashion design and cutting-edge textile machinery, so as to promote the development of the technology and quality of Daegu textile and clothing to the world's advanced level.

Daegu is located in the southeast of the Korean Peninsula. It is a famous textile city in South Korea.

As early as in 1998, Daegu City formulated the "Daegu and Qinghai north area fiber industry cultivation plan" and put forward the famous "Milan plan", that is, to promote Daegu.

However, in the past decade or so, the "Milan plan" has not made Daegu's textile industry develop smoothly.

For various reasons, the government has failed to really implement many of the original reform and development measures, resulting in a continuous shrinking of many factory production.

Air jet looms, as the main equipment in weaving, have reduced the number of start-up by about 75% in recent 8~10 years.

Most of the equipment was purchased before the mid 90s of the last century, and has already exceeded the useful life. The aging of equipment has led to a decline in product quality and maintenance costs.

Many enterprises have pferred or sold looms to other countries because of their own benefits, but few enterprises intend to buy new looms again.

To this end, many textile manufacturers and experts asked the government to re-examine the industrial upgrading plan, and start from their own to promote enterprise innovation.

The most important thing is the reform of the internal system, which is concentrated on the younger generation of the middle and high collar.

From the end of last year to the beginning of this year, many enterprises in Daegu have undergone a new round of high-level changes.

The new CEO age is around 30~50 years old, and even family businesses are slowly pferring baton to the second generation.

These young decision-makers are more aware of the importance of talent training than the older generation of entrepreneurs, the close integration of technology and strategy, the need to open up new markets and shape their own image.

Most of them are experts in textile and business fields, so they can quickly grasp the development focus of enterprises and lead enterprises to develop towards scientific and sustainable goals.

Since the beginning of this year, more than ten major enterprises in Daegu and the Korea Fashion Industry Research Institute have announced that they will take an active part in the famous international exhibitions and exchanges.