Chen Yongqi: Textile Industry Pformation Needs Top Level Design

Turning to this year's proposal, Chen Yongqi, a famous clothing giant in Hongkong, is very concerned about the development of the textile industry in the mainland.

He said that due to the previous trade agreement with ASEAN, the mainland is now in a position to make a difference.

The price is high, so at present, the textile enterprises in the mainland are facing the risk of bankruptcy, and farmers will also have a certain impact on the market changes.

For the near future

In the case of riots, Chen Yongqi thought that due to the large gap between the rich and the poor in Hongkong, Hongkong's development dividend did not benefit the development of Hongkong youth, so the sense of loss of a few young people made them excited.

In addition, Hongkong needs to continue to increase the intensity of national education, so as to enhance their family awareness and give them more room for development.

When it comes to the "13th Five-Year plan" and "one belt and one road" development, he thinks that

It can play a lot of advantages in financing, trade and legal services, and do a good job of "super contacts".

He believes that the only way out for Hongkong in the future is to speed up exchanges and integration with the mainland.

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China's economic development is facing "new normal", and China's textile and garment industry is no exception.

Last year, China's textile and garment industry was affected by the domestic and international situation, and there were various pressures such as the weakening of market demand, the increase of comprehensive cost, and the large difference between inside and outside cotton. However, the overall smooth operation of the textile and garment industry continued to steadily promote pformation and upgrading.

In the first three quarters, China's textile and apparel exports to the United States maintained a steady and steady growth, while the four quarter's exports to the United States narrowed significantly.

According to the analysis, the main reason for the rapid decline in China's textile and clothing exports to the US is that the low cost countries such as Southeast Asia exported to the US rapidly.

Meanwhile, China's textile and garment exports to the EU fell 9.43% in 2015.

In the main export cities to the EU, only Guangdong maintained a small increase.

From the perspective of China's textile and apparel exporting countries to the EU in 2015, Britain, Germany, France, Spain, Italy and Holland are China's main export markets to the EU, accounting for 2/3 of the EU market.

Among them, exports to the UK increased by nearly 8%, while the remaining 5 countries fell respectively.

Over the same period, in the other 22 EU countries, China's textile and apparel exports to Finland and Estonia increased rapidly, while exports to Greece, Slovenia and Austria increased slightly.

With the shift of the global economic center, it is bound to bring about the formation of new consumption groups and new consumption markets, and at the same time, it will bring about a series of changes in the layout of productive forces. Textile and garment enterprises should focus on shaping the core competitiveness of the medium and long term, and match some international brand enterprises in the domestic market to find gaps.