Three Major Problems Facing China'S Textile Industry.

Recently,

"China weaving and Guangzhou value" released by International Textile City

Industry and enterprise survey report.

According to the survey, China's textile industry is facing three major problems: rising costs, intensified market competition and shortage of funds.

Since this year, due to the downward pressure on China's economy, domestic and foreign demand has decreased, overcapacity and increasing inventory problems have become increasingly prominent.

The report points out that 57.6% of the textile enterprises in the country think there is excess capacity.

Among them, 56.2% of textile production enterprises believe that the weak ability of independent innovation is the main reason for overcapacity.

Improving the ability of independent innovation has become the consensus of the national textile enterprises.

According to the survey results, 62.6% of enterprises in textile production enterprises think that they should increase their intelligence input, and 68.6% of enterprises think they need to do business.

Transformation and upgrading.

In the textile and distribution enterprises, 48% of enterprises believe that we should increase the input of intelligence, and 64.1% of enterprises think that we should carry out the pformation and upgrading of the Internet of enterprises.

With the development of Internet, domestic textile enterprises are also actively developing network marketing.

According to the survey, 70.5% textile production enterprises and 62.3% textile distribution enterprises already have self built electricity supplier channels.

The survey also shows that Guangzhou is still the most important place of trade, place of sale and source of goods in the minds of all textile enterprises in the country, but there is still room for improvement in the areas of insufficient brand publicity and the use of electricity providers.