China ASEAN Textile Industry Needs To Strengthen Cooperation To Promote Industrial Upgrading

At present, ASEAN has become one of the fastest growing regions of China's textile and apparel exports to the world, and China ASEAN is actively building an upgraded version of the free trade area, strengthening industrial cooperation and promoting industrial upgrading.

Since China put forward a major initiative to build the maritime Silk Road in twenty-first Century, over the past year, China and ASEAN Economic and trade Business opportunities are diverse. On the 21 day, the Chinese textile import and Export Chamber of Commerce and the ASEAN related countries' embassy business officials dialogue held in Beijing, and exchanged talks on promoting the Sino ASEAN textile industry cooperation in the construction of the maritime Silk Road in twenty-first Century.

Xu Ningning, CO chairman of the China ASEAN Business Association, said that the prospects for Sino ASEAN textile cooperation in the twenty-first Century maritime silk road construction were promising. Maritime Silk Road At the first stage of construction, ASEAN is now vigorously promoting the construction of ASEAN Economic Community and implementing interconnection. This provides new opportunities for overseas development of both enterprises.

Zhang Xian, Secretary General of the China Textiles Import and Export Chamber of Commerce, said that since the establishment of the China ASEAN Free Trade Area, ASEAN has become one of the fastest growing regions of China's textile and clothing exports. In 2010, ASEAN became the largest export market for China's textile products. In 2013, ASEAN first surpassed Japan to become the third largest in China. Textile and clothing export Market. At present, ASEAN is China's largest yarn export market and the largest fabric export market. According to a single country, Vietnam is China's largest fabric exporter.

Xia Tingting, a commercial counselor of the Embassy in Philippines, said many local clothing and textile manufacturers in Philippines hoped to reach a joint venture agreement with Chinese enterprises and investors. "The garment industry in Philippines has been the main beneficiary of the EU GSP plus treatment since January 2015. The Chinese garment and textile industry must not miss this opportunity to cooperate with Philippines enterprises in stabilizing the status of Chinese enterprises in the US and Europe."

Xu Ningning pointed out that China ASEAN - to jointly build, co - operate and share the maritime Silk Road in twenty-first Century, and trade flow is the key content. China ASEAN textile industry has strong complementarity and great potential for cooperation. At present, China ASEAN is actively building an upgraded version of the free trade area. The textile and garment industry of both sides should further grasp the favorable conditions for opening the market, strengthen industrial cooperation and promote industrial upgrading.

According to Xu Ningning, the China ASEAN Business Association will organize the "maritime Silk Road business opportunity expedition" in mid July, leading the relevant textile and garment industry leaders to visit ASEAN countries. One of the purposes is to explore the opportunities for cooperation between China and ASEAN to create regional integration.

The China ASEAN Business Association (CABA) is an important platform for China and ASEAN countries to promote bilateral economic and trade cooperation.