India Helps China'S Manufacturing Industry Develop Further With Cost Advantages.

< p > India's cotton industry has some obvious advantages.

First, in terms of cotton production, the output of cotton in India is far greater than consumption.

Moreover, in recent years, production capacity has been continuously improved, and a certain degree of sustainable development has been achieved.

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< p > secondly, in the < a href= "http:// www.91se91.com/news/index_c.asp" > spinning < /a >, India spinning industry level is very high, the capacity has been increasing in the past few years.

Moreover, in the production process has achieved good management, yarn quality is second to none in the world.

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< p > again, in terms of equipment, the machinery of textile industry is in the leading position, and the advanced imported technology and independent research and development technology are used.

This makes the price of India native textile machinery very high.

Finally, in terms of policy, the India government also encourages the development of the textile industry, which is completely liberalized for foreign direct investment.

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Therefore, China's cooperation with a href= "http:// www.91se91.com/news/index_c.asp" > India enterprise < /a > home in a href= "http:// www.91se91.com/news/index_c.asp" > cotton > /a > will help integrate textile manufacturing industry chain, and such integration will reduce the cost of Chinese entrepreneurs and solve the problems in the development of India's cotton market at the same time.

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< p > as we all know, in the past six or seven years, the trade relationship between India and China has become more and more intimate. Many Chinese entrepreneurs have invested in various fields in India, such as investing in the production facilities of textile industry and improving the manufacturing capacity of India, and the two sides have achieved a lot of cooperation.

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In addition, India enterprises hope that the Chinese government will give preferential treatment to the tax revenue. The two sides should strengthen mutually beneficial cooperation to help the bilateral trade volume grow further, and help India's further development of manufacturing industry with the cost advantage of P.

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< p > related links: < /p >

< p > Korea Industrial Research Institute (hereinafter referred to as the Research Institute) and Korea Trade Association recently said that in 2013, Korea exported $2 billion 730 million to China's textiles and clothing, and imports of textiles and clothing from China amounted to US $6 billion 320 million, resulting in a deficit of US $3 billion 590 million.

In 2002, after the first deficit of $410 million in textiles and clothing trade between China and South Korea, the deficit trend lasted for 12 years.

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< p > Korea's deficit in trade with China's textiles and clothing has exceeded 2 billion US dollars in the middle of 2000s, and increased to 2 billion 630 million, 3 billion 540 million and 3 billion 110 million US dollars from 2010 to 2012 respectively.

In the first 5 months of this year, South Korea's exports to China amounted to US $1 billion 40 million, with an import volume of US $2 billion 470 million and a deficit of US $1 billion 430 million.

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< p > China's labor costs gradually increase, and relatively low Chinese clothing products flow into Korea. Under these two factors, South Korea has an unfavorable balance between China's textile and clothing trade.

Specifically, due to the rapid rise of labor costs in China, the Korean companies are moving their factories in China to Southeast Asia. The scale of the export of Korean textiles and clothing materials to China has been greatly reduced, which has led to the shrinking of the overall export volume of textiles and clothing.

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