Sun Ruizhe: Rational Treatment Of Trade Friction And Common Development Is Our Social Responsibility.

The Customs Tariff Commission of the State Council announced in May 13th that in May 9, 2019, the US government announced that since May 10, 2019, tariff rates on goods imported from China for 200 billion US dollars have increased from 10% to 25%.

The US side's measures have led to the escalation of Sino US economic and trade frictions, violating the consensus between China and the United States to resolve trade disputes through consultation, damaging the interests of both sides, and failing to meet the general expectations of the international community.

In order to safeguard the multilateral trading system and safeguard its legitimate rights and interests, China has to adjust tariff measures to some imported commodities originating in the United States.

In accordance with the laws and regulations of the People's Republic of China foreign trade law and the People's Republic of China import and export tariff Ordinance and the basic principles of international law, the Customs Tariff Commission of the State Council has decided, from 0 o'clock in June 1, 2019, to increase the duty rate on the part of the United States commodity which has been imposed on tariffs, and impose 25%, 20% or 10% duty on the list of the US $60 billion since the approval of the CPC Central Committee and the State Council.

The 5% tariff will continue to be imposed on the taxable commodities which have imposed 5% tariffs before.

China's adjustment of tariff measures is a response to unilateralism and trade protectionism.

China hopes that the US side will return to the correct track of bilateral economic and trade consultations and work together with China to strive for a mutually beneficial and win-win agreement on the basis of mutual respect.

In May 10th, the United States raised a list of tax increases of 25% dollars on Chinese products valued at US $200 billion, including textiles, yarns, fabrics, manufactured goods and some household textiles, which involved 4 billion US dollars in annual exports.

For the Chinese textile industry with an annual export of about 270000000000 US dollars, the proportion of US $4 billion is less than 2%, which, on the whole, has no great impact on the export of China's textile industry.

On the contrary, China's exports of textiles and clothing account for about 37% of US imports. Such a high market dependence makes it difficult for the United States to find an alternative source of equal volume, which will eventually be paid by American consumers.

Trump's move has attracted opposition from several groups of consumers and businesses.

David French, senior vice president of the National Federation of retailers, said in a statement that tariffs were imposed on US businesses and consumers. The US government abruptly raised tariffs in less than a week notice would seriously hurt US businesses.

During this period, the international textile machinery 2019 textile machinery seminar was held in Milan, Italy. The textile circles of the participating countries expressed concern about the US tariff increase measures.

O Ray Comba Marg's representative acknowledged that the current market environment really affected the daily business.

Marzoli's representative said that the successive trade conflicts were disappointing. We hope that the market will no longer be subjected to political influence.

The representative of IDA said that the US measure is that politics is affecting the economy, and the market is suffering some negative effects.

The representative of groz said bluntly that the issue of trade protection in the United States may become a problem that has to be faced, and the textile and garment industry has been threatened.

The representative of Sanderson Lima hoped that the trade dispute could be settled peacefully and avoid disputes for the benefit of the industry.

On such occasions, Sun Ruizhe, President of the China Federation of textile industry, voicing the voice of the Chinese textile industry attracted wide attention from the participants.

Sun Ruizhe said that common development is our social responsibility. The development of China's textile industry has promoted the win-win cooperation of the global textile industry.

Over the past few years, we have worked together to develop cooperation with neighboring countries and regions such as Burma, Kampuchea, Pakistan and ASEAN. At the same time, we have actively dialogues with Egypt and Ethiopia, introducing China's experience to them for reference, helping them to improve their economic growth level and their level of development.

At the same time, issued the "China Textile and garment industry responsible overseas investment guidelines" to promote inter regional industrial collaboration and sustainable development.

Sun Ruizhe stressed that the main challenge facing China's textile industry is due to the trade instability caused by negative political factors, such as Sino US trade frictions. In addition, more and more regional trade protection agreements have emerged worldwide, and the warming of trade protectionism has destroyed economic globalization.

The duty to levy tariffs has become a reality. From the domestic perspective, the consistent view is that we will respond more calmly, and be more confident and capable of withstanding the test of storms.

China will create more opportunities for the development of the world by promoting its own economy and promoting the development of high quality economy with greater reform and opening up at a higher level.

As a pioneer industry in China's economy, how does the textile industry cope with Sino US trade friction?

The same is to do their own business.

Sun Ruizhe pointed out that the new development of pformation and upgrading of China's textile industry is manifested in three aspects: Manufacturing Intelligence, diversification of channels, and responsibility globalization.

China's textile industry will continue to focus on technological innovation and focus on basic research such as emerging fiber and high-end equipment, while cross-border cooperation will pform innovative achievements into medical and health, safety protection, environmental protection, pportation and environmental protection, space infrastructure and other fields.

At the same time, it will also play a leading role in fashion and culture, strengthen brand building, take responsibility as the guidance, green development, take into account people's responsibilities, environmental responsibilities and market responsibilities. In addition, we should integrate resources, form industrial synergy advantages and build world-class advanced industrial clusters.

For this year's textile export situation, the China Textile Federation Industrial Economics Research Institute predicts that the risk of international trade environment will increase, and the potential impact of Sino US trade friction on international purchase orders and global supply chain layout will gradually appear, and the export pressure of textile industry will continue.

Although the external environment is complex and changeable, the textile industry will continue to push forward the structural reform of supply side, vigorously promote the development of high quality, actively stimulate the potential of domestic demand, strive to stabilize the share of the international market, and continue to maintain a steady and healthy development trend.