"Chain" Out Of Textile Clothing "Industrial Brain" China Textile Chain Stirs Modern Textile Industry

In March 2023, the provincial supply chain platform construction demonstration leading project - Huafang Chain was officially launched, linking various production factors, integrating resource allocation, and improving the overall competitiveness of the industry for our modern textile industry. In the past year, China Textile Chain has developed by leaps and bounds. By the end of December last year, the platform had more than 7800 registered online customers, with a transaction volume of 5.3 billion yuan and a company revenue of 2 billion yuan, which has initially built an "industrial brain" for Hubei textile and clothing industry.

"This year, Huafang Chain will base itself on Hubei and strive to build a nationwide apparel industry supply chain platform," said Qi Zhiping, chairman of Hubei Huafang Supply Chain Co., Ltd.

This year, the standardized services of Huafang Chain will be more abundant, and garment order business, fabric supply chain, raw materials, supply chain finance, e-commerce services, etc. can be realized in one chain.

Continue to strive for domestic and foreign orders to get through the enterprise blockages. Huafang Chain will continue to make efforts to win more orders for Hubei through online and offline ways, and at the same time drive the digital upgrading of enterprises, the construction of intelligent warehousing and logistics system, the centralized procurement and testing of regional cotton, linen, fabrics and other raw materials, the research and development of new materials, designer collaboration and other innovative collaboration, and layout the industrial chain around the development of new quality productivity, Improve the resilience and safety level of the industrial chain supply chain.

Qi Zhiping introduced that Hubei textile industry and China textile chain face many industrial opportunities this year, and there are still many advantages to be tapped. In view of Hubei characteristic markets such as yarn, outdoor, cowboy, down jacket, outdoor sports, technology upgrading opportunities and local university research and development advantages, Huafang Chain will enable the overall upgrading of the textile and clothing industry through its own digital capabilities and platform linking capabilities. He envisioned that by the end of this year, there would be more than 10000 enterprises on the Huafang chain platform, striving to achieve a platform transaction volume of more than 20 billion yuan, helping the textile and clothing enterprises above the provincial scale to increase steadily, and further reducing the financing costs of the textile and clothing industry.