Talking About Resource Spillover Effect Of China'S Textile Industry

According to relevant news reports, Duan Xiaoping, vice president of China Textile Industry Federation and President of China Chemical Fiber Industry Association, visited Tajikistan, Uzbekistan and other Central Asian countries in May this year, and said that nearly five years will be the key period for the layout of China's textile industry in the international market.

The speed of machine replacement in China's textile industry will continue to accelerate, and the level of mechanization will be greatly improved. Some enterprises that do not choose machine substitutions will choose to "go out". This decision will be completed in 3~5 years.

He hoped that China's textile industry and Central Asian countries' textile industry will seize the opportunity to promote exchanges and cooperation and promote win-win cooperation.

Located in southeastern Asia, Tajikistan is one of the first countries to respond to the "one belt and one road" initiative.

Uzbekistan is an important pivot country in the construction of "one belt and one road".

Xiaoping and Liu Yanwei, vice president of China Textile Construction Planning Institute, and Li Jie, Secretary General of China Cotton Textile Industry Association, found that Tajikistan textile industry has plenty of room for development.

The local cotton sown area is about 185 thousand hectares, which produces 100 thousand tons of lint per year, of which only 20% is used for domestic production, and 80% of the spun yarns are exported to foreign countries. In addition, the Kulyab Textile Industrial Park in Mid Tower has started construction in March, and will create 5500 jobs, including 3750 direct jobs, which will handle 35000 tons of cotton fiber annually.

Uzbekistan regards the textile industry as an important industry in the national economy and export earning.

At present, there are more than 3500 textile enterprises and more than 4700 garment enterprises in Uzbekistan's light textile industry.

At present, China's textile industry has encountered some challenges and difficulties.

On the one hand, the aging of the population accelerates, the effective labor force is reduced, wages and other aspects of labor strength gradually disappear; on the other hand, Sino US trade friction has led to the loss of international orders, and some customers prefer to choose products from overseas processing plants of Chinese enterprises to avoid risks.

The investment of Chinese textile enterprises to Tajikistan, Uzbekistan and other Central Asian countries can effectively cope with the challenges.

After Xiaoping and his delegation visited Tajikistan and Uzbekistan, they found that Chinese textile enterprises could effectively avoid the challenge of the gradual disappearance of cost advantage on the one hand, to invest in Tajikistan and Uzbekistan.

In terms of energy, Tajikistan relies on abundant water resources to generate electricity, and its electricity cost is about 0.35 yuan / kWh. In terms of employment, per capita wages are relatively low, which is 800~1000 yuan (after tax).

Uzbekistan's energy prices are also very favorable, with abundant labor resources and high quality, with an average wage of about 1000 yuan / month.

On the other hand, Chinese textile enterprises can enjoy many preferential policies to invest in Tajikistan and Uzbekistan.

In terms of Taxation, Tajikistan stipulates that according to the size of investment, enterprises can enjoy different years and different intensity of tax reduction standards.

Enterprises that invest in Uzbekistan can enjoy preferential customs clearance. Every state in Uzbekistan has a free economic development zone. Enterprises can enjoy 7 years' tax exemption for investment in the park, while Tajikistan has 4 "Sogd", "Dangara", "Pyanj" and "Ishkashim" from the economic zone.

Xiaoping said that the visit to Tajikistan and Uzbekistan was fruitful. He was very optimistic about the prospect of Chinese textile enterprises investing in Central Asia.

The "going out" of Chinese textile enterprises is the result of their own development needs and external environment.

Saidov Hikmatullo, board secretary of the ASE, said that Tajikistan has abundant cotton resources, attractive energy prices, high-quality and cost-effective labor force, and Tajikistan's political stability is the fastest growing country in Central Asia by the authoritative financial institutions including the world bank. These factors will make Tajikistan become an important choice to undertake the spillover effect of China's textile industry and the investment of Chinese textile enterprises.

At the same time, Tajikistan's development in the financial sector will provide a strong boost to the light industry industry, including the textile industry.