Textile Industry Ushered In "Big Factory Era"

2011/5/25 9:41:00 39

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Textile Industry Usher In The Era

Ministry of industry and information technology

Statistics show that in the first quarter of this year, 1/3 has the advantage.

Textile enterprises

It has created more than 90% of the profits of the whole industry.

The industry expects that only two types of enterprises will be able to compete globally in the future.

market

In the competition, one is the dominant enterprises with an average profit margin exceeding 5%, and the two is a textile and garment enterprise with strong bargaining power.

China's foreign trade situation report (Spring 2011) released by the Ministry of Commerce recently pointed out that on the one hand, with the sustained and rapid economic development, the rising cost of essential elements is an inevitable trend; on the other hand, enterprises must adapt to this trend of change, and rely on enhancing their innovative ability, adjusting their product mix and enhancing their core competitiveness, so as to resolve the pressure brought by the rising cost and turn the pressure into a driving force for changing the way of development and achieve new development in adjustment.

When interviewed many textile enterprises, reporters learned that it is difficult to keep up with the endless price competition. Upgrading product quality inspection and added value is the way out.

Domestic textile enterprises began to increase investment in R & D and product innovation, improve the speed of product style renewal, and adopt the initiative product launch method, and gradually open up the domestic market.