China'S Prospects For Strengthening Cooperation With ASEAN Countries In Textile And Garment Industry Are Promising.

The prospect of China ASEAN textile and garment industry cooperation is considerable.

In recent years, with the increasing cost of China's manufacturing industry, some manufacturing and processing enterprises have been fighting for ASEAN countries, especially textiles.

The pfer is a trend of great heat.

China ASEAN Business Association (CABA) hosted a business dialogue between the ASEAN Embassy in China and the China Textile Industry Forum in Beijing in April 21st.

This is reinforced by both sides.

Cooperation in the field and a good platform for enhancing mutual understanding.

Xu Ningning, CO chairman of the China ASEAN Business Association, said that China ASEAN textile industry has strong complementarity and great potential for cooperation.

At present, China - ASEAN is actively building up the upgraded free trade zone. The textile and garment industry of both sides should further grasp the favorable conditions for the open market, strengthen industrial cooperation and promote industrial upgrading.

He pointed out that strengthening the docking of trade associations and associations can serve as a starting point for industrial cooperation.

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.

However, in recent years, China has been spinning from Southeast Asian countries.

Import demand is increasing, with an average annual growth of more than 30%.

This is a positive sign of optimistic cooperation between China and ASEAN textile and garment industry.

The business counselors of ASEAN embassies in Malaysia, Laos, Philippines and Indonesia introduced the development trend of their respective national textile and garment industry and the prospect of bilateral cooperation in the future. At the same time, they listened to the opinions and suggestions of representatives of Chinese textile and garment enterprises planning to invest in Southeast Asian countries.

According to statistics, China exported to Southeast Asia in 2014.

Clothing reached US $36 billion 100 million, an increase of 5.5% over the same period last year.

China imported textiles and clothing from Southeast Asia to US $3 billion 900 million, an increase of 20%.