Guangdong Textile Enterprises Actively Respond To Sino US Trade Disputes

Recently, the China Cotton Association went to Guangdong to investigate and visit local textile enterprises and yarn traders.

Guangdong region is the main downstream market of China's cotton textile industry. Its market changes can accurately reflect the operation of cotton textile enterprises abroad. It was learned from the visit that the market began to become lighter since April of this year, and the market downturn intensified after May. Not only the cotton spinning industry has been affected, but also the operation of other textile sub sectors is not optimistic. But cotton spinning enterprises have not lost confidence and actively responded. Some enterprises are stepping up efforts to improve products, increase the number of varieties, lock down market demand according to downstream orders, increase the number of orders, increase production, order less or no inquiry, and stop production directly. Enterprises with capital strength will increase investment in equipment and upgrade old equipment. Enterprises say that China's cotton textile industry will win by quality in the future.

　　 For the development of the market, enterprises say that the industry may be lower than last year. The trade friction between China and the United States will not only affect the cotton textile industry, but will also hurt other industries and even the global economy. Although Trump recently said that the product that was originally set for increasing tariffs in September 1st was postponed to December 15th, its repeated attitude has not allowed the enterprises to fully trust. Instead of passively waiting for the outcome of negotiations, it is better to take the initiative and occupy the market with quality. I believe that under the efforts of the national cotton textile enterprises, another field will be created.