Textile Industry Leveraging "One Belt And One Road" To Achieve Global Layout Of Industrial Chain

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Building processing bases and laying overseas in Southeast Asia and South Asia.

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With the implementation of the "one belt and one way" strategy, the textile industry of one of China's traditional superior industries has been integrated.

Along the line, resources are being realized in the global layout of the industrial chain.

As China

Shanghai Textile Group has been making frequent moves along the belt road since last year.

It is learned that the Shanghai Textile Group is working with Bangladesh related enterprises to revitalize Bangladesh's textile industry with China's preferential loans.

The two sides plan to build a textile processing park in Bangladesh, with a total investment of about 1 billion 500 million dollars.

Experts pointed out that with China's labor and land costs rising year by year, the textile and garment processing industry to the relatively low cost of the pfer of the country is the general trend.

Quite a few of these countries are distributed along the "one belt" road, especially in South Asia and Southeast Asia.

Statistics show that as of the end of 2014, Chinese enterprises set up more than 2600 textile and garment production and trading enterprises overseas, distributing in over 100 countries and regions.

Among them, "China + surrounding countries" (focus on Southeast Asia and South Asia) manufacturing base layout mode, to maintain and enhance the leading edge of China's textile industry.

Xu Ying, executive vice president of textile industry branch of China Council for international trade promotion, said.

In addition to processing and manufacturing, China's textile enterprises are also planning their own in the upstream field.

Xu Yingxin said that in the past few years, the domestic cotton price was 30% higher than the international cotton price.

Based on this situation, domestic textile enterprises in the upstream raw materials of cross-border mergers and acquisitions is increasing.

No matter processing trade or raw material production, logistics support is indispensable.

Tang Weiyi, vice president of China World Trade Center Textile Group, told reporters that the international trade scale of the group reached US $about 5000000000 every year. The company took advantage of this position to set up a shipping and international trading company in Hongkong. We plan to invest 20 barges in the next three years to enter the Philippines logistics market by way of leasing.

It is estimated that this investment will bring 9 to 4 billion 500 million yuan sales revenue increment for enterprises in the next five years.

Xu Yingxin said that with the help of the "one belt and one way" strategy, China's textile industry has entered a new stage of pnational layout, and overseas investment is accelerating in many regions, industries and forms.

This kind of pnational resource allocation will benefit the new breakthrough of China's textile industry in the global value chain.