China Pakistan Textile Industry Seeks Win-Win Cooperation To Build A Better Future.
In recent years, China has become one of the major importing countries in Brazil's textile and garment industry. Bilateral trade is now the main form of cooperation between the two countries.
At the exhibition, China and Pakistan related enterprises and experts interviewed believe that based on the strong complementarity of the Sino Pakistan textile and garment industry, the two countries should complement each other and develop more cooperative ways to promote the common development of the textile and garment industry of the two countries.
Trade is the most important form in the long-term cooperation between China and Pakistan textile and garment industry, but this form is facing challenges.
On the one hand, China's domestic labor costs increase and Brazil's domestic economic crisis and other factors have led to a marked decline in trade profit margins. On the other hand, as Asian textile and apparel products are increasingly appearing in Brazil, Brazil's domestic worries about the damage to local industries are also getting stronger and stronger.
It is for this reason that in addition to traditional direct trade, the development of more forms of cooperation has become the consensus of the CMB industry.
During the exhibition, Shanghai textile received the trade of Mato Grosso State.
Investment
To promote the staff of the Department, "they came to inquire about our investment intentions in the Brazil market and invited us to invest in the industry of Mato Grosso so as to increase local taxes and improve local employment."
Zhang Shijun and his colleagues are also concerned about such cooperation opportunities. "Ma Zhou is the largest cotton producing state in Brazil, so can we set up a spinning mill near the cotton producing area to form a sales pattern?"
Brazil and the Latin American market behind it still have great potential.
"Per capita consumption of textile and clothing products in Brazil is 300 US dollars per year, which is 5 times that of China."
Pan Faming said, "although the textile and garment industry has existed in ancient times, it has not gone to the stage of sunset industry. We all say that clothes, food and shelter are all just needed. There must be a market."
Zhang Shijun deeply agrees with this.
Soon, the Shanghai textile office in Brazil will officially begin operation.
"From past years, the proportion of Shanghai Textile Group's trade volume in Latin America to the total trade volume of the group is very small. It is hoped that the total volume of Palestinian trade will double on the existing basis in 3 years or so."
In Zhang Shijun's view, China and Pakistan are in
Textile and clothing
There are strong complementarities in the field, such as cotton and knitted fabrics in Brazil are strong, but chemical fiber and weaving are relatively weak, and chemical fiber is the strength of China's textile industry. "
cooperation
The key is to learn from each other's strengths and weaknesses.
Pan Faming said that clothing retail and creative industries also have room for cooperation. China can combine the advantages of products and raw materials with local market demand and developed creative industries. "The purpose of cooperation is to jointly develop new markets in the world in the future".
Of course, the realization of cooperation is not taken for granted.
In addition to the natural problems existing in the Brazil market such as taxes and labor, it is also crucial to really change the concept.
"For those Chinese funded enterprises who are interested in investing in the textile industry in Brazil, we must first recognize that Brazil is a big textile country. We can not take the European and American experience in Brazil as a matter of course. We should shift from competitive thinking to cooperative thinking. We should not defeat Brazil enterprises and simply rely on low-priced goods to seize the Brazil market. We need to work together with local enterprises to upgrade the overall level of the industry and make the market cake bigger."
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