Follow The Way Textile And Garment Industry Marches Towards "Strong And Tough"

At present, China's textile and clothing industry is entering a new stage of high-quality development from "big and comprehensive" to "strong and resilient", from "factor driven" to "innovation driven", and from "passive adaptation" to "active shaping". However, in the face of the deepening adverse impact of external environment changes and various risks, how can the industry ease and stabilize foreign trade pressure To achieve higher quality development is worth deep thinking and active practice.

　　 Gather new potential energy of development to show resilience and vitality

2025 is the end of the 14th Five Year Plan and the key year for planning the development of the 15th Five Year Plan. At present, insufficient global demand, geopolitical conflicts, increased trade protectionism, and the adjustment of US trade policies have brought greater pressure on China's textile and clothing exports. At the same time, the supply chain of the global textile industry has been deeply adjusted, and the stability and efficiency of the industry's production and supply chain have been challenged.

Although the external situation is complex and severe, the textile and clothing industry is still in a period of strategic opportunities with opportunities and challenges. According to the analysis of the research office of the China Textile Industry Federation, on the one hand, the global economy and terminal consumption growth are sluggish, the risk of trade friction is frequent, the layout of the international textile supply chain is deeply adjusted, and there are still many uncertain and unstable factors; Difficult challenges such as insufficient domestic effective demand, intensified market competition, and high pressure on enterprise operation still depend on the industry to resolve them through deepening supply side reform and promoting high-quality development; On the other hand, China's macroeconomic fundamentals have been improving for a long time, the "ballast stone" effect of the super large domestic demand market has been released, and the macro stock increment policy has worked together, providing a stable cornerstone for the textile and clothing industry to accelerate its upgrading and development. The industry has the conditions to grasp opportunities such as industrial scientific and technological innovation, comprehensive improvement of domestic demand, and high-level integration of international resources, focusing on science and technology, fashion, green We will accelerate the healthy formation of new potential energy for high-tech, efficient and high-quality industries, and promote the construction of a modern industrial system to a new level.

This can be seen from the industry development data in 2024. In 2024, against the background of weak international market demand and high trade environment risks, China's textile and clothing industry will continue to deepen the transformation and upgrading of foreign trade, steadily release international competitiveness, and achieve positive growth in exports throughout the year. According to customs data, in 2024, China's textile and clothing exports will total 301.1 billion US dollars, up 2.8% year on year. Among them, textile exports reached US $141.96 billion, up 5.7% year on year; Clothing exports reached US $159.14 billion, up 0.3% year on year. China's textile and clothing exports to major markets are generally good, but the performance is somewhat differentiated. The export to the United States, the European Union, ASEAN and other major trading partners is growing well, while the export to Japan, Turkey, Russia and other markets is growing negatively.

From the perspective of the industry's own development, in 2024, China's textile and clothing industry has made remarkable achievements in production, efficiency, transformation and upgrading. The year-on-year growth rate of industrial added value, operating income and total profit of textile enterprises above the national scale shows a trend of repair and improvement. Textile and garment enterprises actively implement the policy requirements for large-scale equipment renewal, and drive the steady expansion of high-end, intelligent and green investment in the industry. With the steady improvement of production, marketing and benefits, the confidence and expectation of textile and clothing enterprises have gradually consolidated, providing a strong industrial support for the development of foreign trade.

Sun Ruizhe, president of China Textile Industry Federation, listed a set of data that fully demonstrated the scale and system advantages of China's textile and clothing industry: China's total fiber processing accounted for more than 50% of the world's total fiber processing; From 2020 to 2024, China's textile and clothing exports will remain above 300 billion US dollars for five consecutive years; China's annual production of clothing exceeds 70 billion pieces, equivalent to about 8.75 pieces per capita for the world; In 2024, five textile related enterprises will be listed in the Fortune Global 500, 14 will be listed in the Fortune China 500, and 35 will be listed in the top 500 private enterprises in China

The specialized, special and new enterprises continue to emerge, and the new quality and productivity of science and technology, fashion and green development continue to burst. From products to brands, from production capacity to supply chain, from enterprises to clusters, China's textile and clothing industry has entered the "new navigation era". Integrating into the "Belt and Road" construction, a more diversified and balanced textile trade pattern has been formed. A number of high-quality SMEs have become the core suppliers of the global supply chain.

　　 Anchoring high-quality development and building a solid industrial foundation

Industry insiders said that there are many risks to be tested, but with a strong industrial foundation, innovation ability and policy support, China's textile and clothing industry, guided by high-quality development, insists on comprehensively deepening reform, will continue to strengthen endogenous power, effectively control and reduce external risks, and firmly promote the construction of a modern industrial system to achieve the "15th Five Year Plan" A good start builds a solid foundation.

In order to build a modern industrial system of textile and clothing with integrity, advancement and safety, Sun Ruizhe proposed the following five aspects of work at the 19th annual meeting of the China Textile Roundtable held in Beijing a few days ago.

First, linking domestic and global, giving full play to the fundamental role of consumption in economic development and the key role of investment in optimizing the supply structure, and creating effective demand with high-quality supply; Promote international cooperation through domestic circulation, promote the integration of domestic and foreign trade, and promote the coordinated development of domestic and foreign demand, import and export, foreign capital introduction and foreign investment. Consolidate traditional markets, expand emerging markets such as Central Asia, ASEAN and Africa, and create a diversified export pattern. Make good use of international exhibitions and other platforms, organize enterprises to go global, promote exchanges and cooperation, and stabilize the confidence and expectations of foreign-funded enterprises. Comply with the trend of going to sea, and deeply embed high-quality supply into the international market system. Improve the ability of global resource allocation, integrate high-quality international resources such as raw materials, equipment, technology and brands through joint ventures, mergers and acquisitions, and achieve global development. Continue to build an international marketing network, innovate trade formats, connect with international high standard economic and trade rules, develop cross-border e-commerce and other new models, and create a high-level supply and demand adaptation system.

The second is to improve the quality and efficiency, promote the high-end, intelligent and green upgrading of the manufacturing system, improve the industrial application ecology of cross-border integration and collaborative innovation, improve the fashion strategy source capability of cultural empowerment, and create an industry value upgrading system.

The third is to balance security and development, focus on ensuring the stability of industrial ecology, consolidate the foundation of manufacturing, prevent and resolve economic and trade risks, investment risks, innovation and superposition risks brought by new technologies and new models, prepare for new risk challenges, and build a solid risk prevention and control system.

The fourth is to coordinate the current and long-term development, systematically promote the integrated development of science and technology, education and talents, accelerate the application and transformation of innovative achievements based on the market, and create an innovative power system.

Fifth, focus on industrial characteristics and development advantages, optimize industrial regional layout according to local conditions, enhance the advantages of concentrated and intensive development of the textile industry, and create an industrial spatial coordination system.

(Source: International Business Daily)