China's Textile Industry Is Facing Internal And External Troubles.

In recent years, the transnational layout of China's textile industry has been accelerating. There are two main lines of transnational resources allocation for many key industries in the industry. One main line is to take industrial capital as the leading factor, and to carry out the transnational layout of productive forces through greenbelt investment and cooperation, and to create a layout mode of manufacturing bases for China + neighboring countries, and to maintain and enhance the leading edge in the global supply chain. For example, the Chinese cotton spinning industry represented by Tianhong, Bailong Oriental and Huafu has invested about 2 million spindles in Vietnam. Another main line is the vertical extension and control of industrial capital through overseas direct investment and mergers and acquisitions to high-quality raw material resources, design innovation resources, brand resources and market channel resources all over the world, so as to drive the industry to penetrate into the high value-added area of the industrial value chain. For example, Ruyi Group invested in cotton farms and mergers and acquisitions in Australia, multinational brands, the acquisition of Canadian dissolving pulp company by YOUNGOR, the acquisition of new Malaysia by Malaysia, and the acquisition of orrican's assets by Jin. On the whole, through the practice of overseas investment, the international operation ability of industrial enterprises has been improved rapidly.

Wang Tiankai is talking about " The Belt and Road Initiative When providing opportunities for textile enterprises, it is said that the "five links" are the core contents of the "one belt and one road". The Chinese government and the governments along the belt and road will jointly endorse the support of more and more overseas economic and trade cooperation parks and industrial parks, which will help textile enterprises improve their landing efficiency, reduce investment costs and form industrial agglomeration advantages. Financing provides enterprises with opportunities to obtain preferential credit support for investment in the countries along the route. With the gradual development of RMB's functions of regional valuation, settlement, investment and financing in the "along the way" countries, the financial flexibility and convenience of domestic textile enterprises in foreign investment will also be enhanced. The common aspiration of the people will strive to dispel doubts and doubts about China's capital entry and reduce the political risk of investment through expanding personnel exchanges, media cooperation and scientific and technological cooperation. At the same time, we should accelerate the creation of deep integration of international and domestic markets, and provide more high-quality factor resources, target market and its configuration guarantee system for enterprises' transnational layout. Among them, facility Unicom will enhance the efficiency of goods circulation in the region, facilitate international transport facilitation and reduce transaction costs through large-scale construction of land, sea and air international infrastructure.

Wang Tiankai said that with the realization of interconnection and large-scale infrastructure modernization, the orderly, rapid and free flow of financial capital, talent, labor, energy, raw materials and products in the region will greatly enhance the potential efficiency of the textile supply chain in the region. The feasibility of Chinese textile enterprises in the vertical integration operation of the industrial chain and the transnational allocation of production capacity in different countries will greatly enhance the domestic textile enterprises.

At present, the world economy is still in the stage of deep adjustment in the post financial crisis era, but the performance of various countries has been divided. The US economy has regained growth momentum, and the European Union and Japan have stagnated. The economic development of a large number of emerging economies such as Brazil, Russia and South Africa has suffered a great setback. Commodity prices are low and exchange rate fluctuates greatly. It is embodied in:

First, under the backdrop of global growth in aggregate demand, Textile supply chain The competition between the comparative advantages is more intense. The textile and garment industry is facing the practical difficulties of the total shortage of industrial workers and the constraint of resources and environment, resulting in the rising cost rigidity. At the same time, although the domestic cotton policy has been improved, the inventory and quality problems of national cotton stocks are still very prominent, and the uncertainty caused by this affects the stable operation of the whole industrial chain. The rise of the comprehensive cost caused by this series of factors has objectively weakened the leading international comparative advantage of China's textile industry.

Two, changes in Global trade policy are profoundly affecting the reshaping of the global textile supply chain. Regional trade agreements will pose great challenges to the healthy development of our industry. For example, China ASEAN Free Trade Area Since its completion in 2010, it has promoted the deep integration of the textile and apparel industry chain between China and ASEAN countries. ASEAN has quickly surpassed Japan to become the third largest export market. In addition, the European Union and Japan, through adjusting the preferential tariff policy, give zero tariff or preferential tariff treatment to textile, clothing products, such as Kampuchea, Burma and Vietnam, and accelerate the transfer of some international orders from China to the above countries.

The three is that the new round of industrial revolution and consumption revolution in the world has come to light. It is urgent for China's textile industry to break through the low end of the value chain. The new generation of information technology and production chain are deeply integrated, industrial robots and whole process intelligence have achieved innovative breakthroughs and large-scale applications. Industrial organization process, industrial competition mode and global industrial competition pattern are facing major adjustments.