Taiwan's Textile Industry Is Facing Recession In The Face Of Innovation And Research

During the boom and winter, different industries are facing different difficulties. Taiwan's textile industry is in the face of adversity.

However, in the second half of this year, when the US economy lowered and the European countries' poor national debt dragged down the global economy, the buying and selling began to shrink again, and then fell into the economic cold winter. At this time, Taiwan's textile industry was gradually becoming "thin and fat".

The economic problems of the big environment are hard to understand, and the industry is working hard.

Huang Weiji, Secretary General of the Taiwan Textile Development Association, said that consumers at the present stage spend money wisely, unless they agree with the brand and quality. When the unemployment rate is high, people who buy new clothes every two weeks have greatly reduced.

For manufacturers, financial difficulties, innovation is not enough manufacturers find order difficulties, on the contrary, good financial, good scheduling, new products and many manufacturers, do not worry about orders, forming a strong and strong situation.

Huang Weiji pointed out that the export value of Taiwan's overall textile industry in October of this year was 10 billion 786 million US dollars, an annual increase of 15.95% and only 11 billion 300 million US dollars in 2010. It is estimated that this year's export value is expected to be close to 13 billion US dollars. In terms of export distribution, Europe accounted for 7%, the United States accounted for 11%, the mainland accounted for 33%, and Southeast Asia accounted for 31%.

He believes that the mainland is expected to maintain certain economic growth, while macroeconomic regulation and financing also have signs of relaxation. The population of Indonesia is very hot, with about 80000000 of the population needing Vietnam's raw materials and Thailand's business opportunities after the flood. Next year, the export opportunities of the mainland and Southeast Asia will not be bad.

Huang Weiji revealed that Taiwan and Japan recently signed an investment guarantee agreement. Many Japanese textile factories in Kanto and Kansai have been looking for manufacturers in Taiwan, patented technology licensing, or affirming the effectiveness of ECFA's platform. They have been looking for Taiwan manufacturers to deepen the mainland's domestic demand market. Therefore, considering the various factors, he believes that the overall performance of the Taiwan textile industry will not be bad in the first half of next year.