The ECFA Effect Showed &Nbsp; The Cooperation Between The Two Sides Of The Spinning And Weaving Industry Entered The "Fast Lane".

The fourteenth session Cross strait textile and clothing Expo The "Haibo conference" was held in Shishi, Fujian in from April 18th to 21st. As the first sea Expo held after the signing of the framework agreement on Cross Strait Economic Cooperation (ECFA), the depth of docking and industrial cooperation between the two sides of the textile and garment industry increased significantly. The ECFA effect is promoting cooperation between the two sides in the textile and garment industry. Fast lane "

Sponsored by the Fujian provincial government, China Council for the promotion of trade, China Textile Industry Association, China apparel (000902, stock bar) association, China Fashion Designers Association, Taiwan Textile Association, Taiwan Knitting Industry Association, Taiwan garment industry association and Taiwan sweater knitting industry association, Haibo is the only textile and clothing exhibition that highlights the characteristics of cross-strait economic and trade cooperation. It has become a weathervane for observing the cooperation between the two sides.

The involvement of the industry in Taiwan was significantly deepened at this Haibo conference. According to the organizing committee, there are about 500 participants in Taiwan Expo. The Taiwan pavilion has a booth of more than 4500 square meters, which is equivalent to more than 600 booths, accounting for 20% of the total number of exhibitions. From the first day of the contract, the total volume of intent to deal was 3 billion 88 million yuan, an increase of 13.32%, of which the investment from Taiwan accounted for a certain proportion, and the two sides were more technical cooperation.

"The number of Taiwan Pavilion manufacturers has increased by nearly 30%, and the investment volume of Taiwanese businessmen in Shishi, Jinjiang and other places has increased significantly, all of which indicate that ECFA is playing an active role." Li Quanjiao, member of the Central Committee of the Chinese Kuomintang, said in an interview with Xinhua news agency.

Li Quanjiao believes that after the signing of ECFA, Textile and garment industry across the Taiwan Strait Cooperation is heating up. ECFA has promoted the industrial cooperation between the two sides of the Strait, which is very positive for both sides, especially for Taiwan. Cotton prices have risen sharply since last year, but due to the ECFA effect, the profitability of some textile enterprises in Taiwan has risen by several percentage points. The profitability of textile and other upstream enterprises has a positive effect on clothing and other downstream enterprises.

Huang Weiji, Secretary General of the Taiwan Textile Development Association, attached great importance to this session. As the head of the delegation of Taiwan, he organized the largest exhibition group to participate in the Expo. Huang Weiji told reporters that since the entry into force of ECFA, since January 1st this year, 136 textiles and 21 mainland textiles in Taiwan have begun to enjoy the tariff reduction and exemption offered by the other side.

Tariff reduction directly brought about a significant increase in the import and export of textiles on both sides of the Strait, which is the most direct effect of ECFA at present. According to Taiwan customs import and export statistics, the amount of Taiwan's textile exports to the mainland in the first two months of this year amounted to US $414 million, accounting for 22% of the total value of Taiwan's textile exports, representing an increase of 45% over the same period last year. The amount of textiles imported from Taiwan amounted to US $147 million, accounting for 27% of the total textile imports in Taiwan, representing an increase of 21% over the same period last year.

Zhuang Fangrong, general manager of Taiwan Xu Rong Group, said that after tax relief, there is a lot of benefits between the two sides. Since the beginning of this year, a large number of raw materials in Taiwan have not been imported from the mainland, such as linen, silk, silkworm chrysalis protein, and so on. Taiwan textile and clothing are facing more choices. {page_break}

At the same time, the mainland's clothing brands gradually expand the use of high-grade fabrics in Taiwan and all kinds of environmentally friendly fabrics. At this Expo, Xu Rong Group also signed contracts with gage (China) weaving and dyeing Garments Co., Ltd. on the cold spanfer printing technology and production cooperation project, which coincides with the trend of environmental protection.

The ECFA effect has just started to "ferment", and tax relief has strongly promoted the development of the textile and garment industry across the Taiwan Strait, and the long-term cooperation prospects of the two sides of the textile and garment industry are more worthy of expectation.

"In the short term, Taiwan will benefit more. Because Taiwan textile industry started earlier in the market, and the research and development of its products were slightly ahead, Taiwan exported more to the mainland.

From the medium to long term, the mainland will also benefit significantly. The mainland has talent and market advantages, and Taiwan's textile industry will increase its investment in the mainland. Through mainland investment, Taiwan enterprises have also promoted themselves and benefited both sides. " Li Quanjiao said.

Yang Jun, vice president of the China Textile entrepreneur association, believes that ECFA has brought the mainland and Taiwan closer together.

Sun Ruizhe, vice president of China Textile Industry Association, said that with the continuous growth of domestic consumption, how to link up the new business mode, establish product quality standards, strengthen brand supply chain management and guide healthy and sustainable consumption, require textile and garment enterprises across the Strait to complement each other's resources more closely and enhance their competitiveness.