Fujian Modern Textile And Garment Industry Will Usher In A Period Of Great Development Opportunities

Fu Jian, vice president of Fujian Council for the promotion of international trade, said on the 18th that with the implementation of RCEP, the modern textile and garment industry, one of the four leading manufacturing industries in Fujian, will usher in a period of major development opportunities in the next five years.

According to the "14th five year plan" of Fujian Province, it is necessary to build a strong province with advanced manufacturing industry, and promote the optimization and upgrading, expansion and quality improvement of leading manufacturing industries such as electronic information, advanced equipment manufacturing, petrochemical industry, modern textile and clothing; It is necessary to promote the development of high added value of modern textile and garment brands, and to enlarge and strengthen the upstream fiber raw material industry; It is necessary to promote the transformation and upgrading of the key links of mid end weaving, dyeing and finishing, and expand and enhance the supply and application of high-end textiles at the terminal. By 2025, the scale of modern textile and garment industry will reach 1.4 trillion yuan.

When accepting China Singapore net, economic experts said that with traditional advantageous industries "stepping into" the leading manufacturing industry in Fujian Province, how to optimize and upgrade the modern textile and garment industry, expand its capacity and improve its quality, has attracted much attention. At the seminar held in the afternoon, participants believed that RCEP would bring new development opportunities to Fujian textile, footwear and other important industries. Fu Jian pointed out that RCEP is of great significance for Fujian enterprises to consolidate and expand the markets in East Asia and Southeast Asia, promote the transformation and upgrading of textile, footwear and clothing industry, and promote the construction of a strong foreign trade and economic province in Fujian Province.

He Shanmin, economist of the Hong Kong Trade and Development Council, explained that RCEP is the largest free trade agreement in the world, which helps to deepen regional cooperation in textile and clothing industry chain and supply chain. At present, China and South Korea's textile and clothing trade tariff is the best under RCEP rules.

He Shanmin pointed out that the market access rules for goods, services and investment among Member States will be further relaxed, and customs procedures and technical standards will be gradually unified. By adopting the rules of origin in the region, it will promote the free flow of economic factors in the region, strengthen the division of production and cooperation among members, promote the expansion and upgrading of the regional consumer market, and promote the further development of the regional industrial chain, supply chain and value chain.

With the implementation of RCEP, Fujian textile and garment industry will accelerate "going out". Zheng Shenghe, head of Xiamen Representative Office of Korea trade and investment revitalization commune, is also optimistic about China South Korea cooperation under RCEP rules. Zheng Shenghe said that there is a huge space for cooperation between Fujian and South Korea in textile and garment industry cooperation in the fields of circulation, related industry divergence and environmental protection. Zhao Qirong, Fujian representative of the Hong Kong Trade and Development Bureau, said that Hong Kong will play its unique role as a bridge to promote the "going out" of Fujian textile and clothing industry and enterprises, and expand new opportunities under RCEP.

To expand international cooperation, we should give priority to standards and laws. Dr. Wang An, manager of global chemistry and innovation technology of SGS SGS Standard Technical Service Co., Ltd., introduced the foreign certification system in detail, and provided suggestions for Fujian textile and garment enterprises to cope with the barriers to international market access. He suggested that we should plan ahead of time to enhance the competitiveness of enterprises and move towards sustainable development. Chen Chaohui, Deputy Secretary General of Fujian Branch of China International Economic and Trade Arbitration Commission, believes that Fujian's textile and garment industry should strengthen its understanding of foreign-related laws and regulations and further enhance its ability to resist risks.

Fu Jian believes that government departments, trade and investment promotion agencies, industry associations and enterprises can effectively link up, make full use of the preferential terms in RCEP, realize and amplify the positive effect of RCEP. By increasing import and export trade and expanding foreign investment, the optimal allocation of regional resources can be achieved from raw materials to labor, from capital to technology, from production to market, For Fujian textile and clothing industry and enterprises to improve quality and efficiency, industrial transformation and upgrading, open up a broader space.