The Twenty-Eighth China International Wool Textile Raw Material Trading Information Exchange Will Release New Demand.

The twenty-eighth China International Wool Textile raw material trading information conference was held in Wuxi, Jiangsu. The elite of wool textile industry from all over the world focused on the "new market and new rules", analyzed the hot spots of the wool textile industry, and took the pulse of the industrial development trend, so as to jointly promote the sustainable development of the wool textile industry.

It is worth mentioning that although it is the raw material Conference on the upstream of the industrial chain, it still attracts the enthusiasm of many downstream enterprises.

The relevant leaders of the China Federation of textile industry and domestic entrepreneurs join hands with international institutions and foreign businessmen to jointly promote the healthy and sustainable development of the industry.

This conference is sponsored by China Wool Textile Industry Association and China International Investment Co., Ltd., CO organized by Nanjing wool market and international wool Bureau and Wuxi Xiang Tai wool spinning Co., Ltd.

Xu Wenying, vice chairman of China Federation of textile industry, deputy director general of China Textile Industry Federation, director of science and technology development department, and Peng Yanli, acting chairman of China Wool Textile Industry Association, and other Chinese Textile Federation leaders, Zhang Chao Gang, general manager of China International Investment and Trade Co., Ltd., Wang Wenjun, general manager Wang Wenjun, and Meng Benyi, director general of the Australian Embassy in China, Magdalena White, director general of the International Wool Textile Organization, Robert Ryan, chairman of the Australian wool organization Union, and so on.

Xu Wenying pointed out that releasing new demand, creating new supply and opening up a new pattern of industry is of great strategic importance to the pformation and upgrading of the textile industry.

The key to grasp the innovation and development is to seize the intelligent manufacturing, carry out the digital manufacturing of all links in the textile industry chain, accelerate the research and development of intelligent textile equipment, build a digital, networked and intelligent production line step by step, and apply information technology in depth to improve the level of design, research, production management, marketing and energy conservation and emission reduction.

The starting point and foothold of innovation should be to build core competitiveness and find the driving force for sustainable development.

Xu Wenying pointed out that in recent years, under the efforts of the wool market in Nanjing, we have launched the integrity business initiative, the certification of good faith business, and so on.

Under the "new market and new rules", every wool worsted person should guard the industry and leave the consumption demand of international brands in the domestic market.

Zhang Zhaogang said in the speech entitled "cohesion, confidence, inclusiveness and joint development" that wool producers should pay attention to four aspects: first, to enhance the confidence of development with the opportunity of G20 Global trade growth strategy; two, to build and optimize the industrial partnership based on inclusive and coordinated development with the aim of satisfying the consumers; three, to insist on innovation driven and to create consumer demand; four, to fully respect the market and observe the rules, and to continuously expand the market and improve the level and competitiveness of the industry.

It is pointed out that the operation quality of China's wool spinning industry has improved continuously in the first July of this year, and the profitability of the industry has been improved.

Business efficiency continued to move in a positive direction, with profit margins rising year by year, unit costs down compared with the same period last year, losses narrowed, inventory pressure continuing to ease, and asset liability ratio continued to decline.

Despite the accelerated growth of corporate profits,

The overall situation has not yet improved significantly.

At the same time, the long recovery period of accounts receivable and the rapid growth of management fees still disturb the quality of the operation of the industry. The deficit of deficit companies has increased year by year, and the polarization of enterprises has become more prominent.

Peng Yanli said that the annual production of the industry will basically maintain the level of 2015, and domestic sales will increase slightly, and export sales will not be able to reverse the negative growth trend. The main business revenue will maintain a 3% growth and the profit growth rate will be 5%.

Yang Xiaoxiong, chairman of Nanjing wool market, thinks this year.

Facing the complex external situation, stable operation has become the first task of many enterprises this year.

"Global wool production (including fat wool) decreased by about 37.9% in 1990 compared with that in the year of 2015/16. Meanwhile, more and more textile fibers can replace wool, and woolen fabrics gradually become luxury goods, losing their price competitiveness."

Yang Xiaoxiong analyzed.

First, we need a standardized "industry standard" to encourage enterprises to emphasize contracts and keep reputation and improve their business environment. Secondly, enterprises should follow the market rules and identify suitable development and operation directions; thirdly, we should increase the advantages of propagating wool fibers to consumers and raise the demand of terminal market.

In view of whether the market demand and supply of wool have reached a critical point, Chris Wilcox, chairman of the Information Committee of the International Wool Textile Organization, believes that China's economy has entered a period of pformation, and the development of the retail industry is very slow.

At present, the output of the world's wool textile products is at a low level, the supply of wool is short, the price of wool raw materials is high, the demand for both sides is cooling down, and the price of wool and other textile fibers is too high.

During the meeting, the signing ceremony of the joint working group of new China wool was held.

Moreover, from September 2015 to now, there has been a severe drought in parts of Australia, New Zealand and South Africa. Sales of clothing retail industry have been slow, the Australian dollar and New Zealand dollar have been strong, China's demand for raw wool has declined, while Europe is on the rise. The output of ultra-fine wool remains at a high level, and the stock in the industrial chain of wool spinning industry has been reduced and maintained at a low level, and the price of wool is extremely stable.

He predicted that the reduction of wool quality in Merino will be the biggest threat to the wool textile industry in 2016/17.

The industry should respond to the changing needs of consumers for healthy and sustainable lifestyles and constantly push ahead with innovation.