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    Pakistan Formulating 2014~2019 Textile Plan

    2014/7/15 20:14:00 39

    PakistanTextile PlanPolicy

    < p > recently, < a href= "http:// www.91se91.com/news/index_c.asp" > Pakistan < /a > textile minister Abbas Khan Afridi said that the Ministry of textile industry of Pakistan will put forward a plan to develop textile workers' labor skills in the textile policy of 2014~2019 year introduced in July this year.

    Afridi said to all members of the Pakistan textile industry manufacturers association that the plan is designed to provide skilled labor for the development of Pakistan's textile industry and promote the development of the textile industry in the country, making the country's textile products more competitive in the international market.

    < /p >


    < p > in accordance with the plan to be implemented, Pakistan's < a href= "http:// www.91se91.com/news/index_c.asp" > textile industry department < /a > will undertake the cost of improving the skill training of workers, including providing training allowance to trainers and undertaking the cost of raw materials.

    The Palestinian government has invested 4 billion 400 million rupees to carry out this project, and plans to train 120 thousand young workers in the next 5 years.

    During the training period of about 4~6 months, each worker will receive a subsidy of 8000 rupees.

    < /p >


    < p > the Pakistan Ministry of industry and Commerce (FPCCI) held a recent meeting.

    At the meeting, Afridi said that Pakistan would increase taxes on natural gas. He suggested that Pakistan's textile mills should turn natural gas into coal to generate electricity, so as to ensure production at a lower price.

    < /p >


    < p > Afridi said: "the textile policy of 2014~2019 will revive Pakistan's textile and < a href=" http:// www.91se91.com/news/index_c.asp "> garment industry < /a >, and promote Pakistan's annual increase in value added of US $1 billion.

    He said that the new policy was formulated in consultation with stakeholders from all walks of life. After implementation of the policy, it will cater for the development needs of all aspects of the textile industry chain, not limited to a single link.

    Of course, this policy also has some emphasis. It will soon focus on increasing the added value of Pakistan textiles instead of focusing on the development of textile raw materials or other semi-finished products.

    < /p >


    < p > related links: < /p >


    < p > according to Chinese customs statistics, the export volume of China's textile and garment trade in 2013 amounted to 284 billion 70 million US dollars, accounting for 12.9% of the total trade volume of goods in the country, ranking the third largest export industry after electromechanical and light industrial products.

    Since 1994, China has maintained global textile and apparel exports for the first 18 years in a row, rising from 12.5% to 36% in 2012.

    < /p >


    < p > despite the fact that China's textile and clothing exports are still the world's largest, its growth rate is declining, and the export of textile products is becoming more and more difficult to make money.

    The reason is that the rise of core costs such as labor wages, exchange rates and export rebates is still the key.

    Among them, the rise in labor wages is an inevitable trend; in terms of exchange rate, with the appreciation of the renminbi, the profits of enterprises are further compressed; at the same time, some enterprises are affected by the slow pace of export tax rebates, which will affect the return of funds.

    < /p >


    < p > Bohai securities textile clothing analyst Chu Wen pointed out that the export situation at the beginning of this year is still not optimistic, the export unit price has dropped, the state's handling of excess capacity may be more stringent, and the small profits and even loss making enterprises in the textile and garment industry will be more sad this year.

    < /p >


    Wang Tiankai, President of the China Textile Industry Federation, also pointed out at the March 24th meeting that from 2011 to 2013, the export volume of textile industry increased by only 2.2% annually, and export growth mainly depended on price support.

    The development level of enterprises is more diversified, and the situation of orders and profits concentrating on dominant enterprises is more obvious. A large number of small and medium enterprises are more stressed.

    < /p >

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