The 12th Five Year Plan for China's textile indust

2022-08-01
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The 12th Five Year Plan for China's textile industry will be released in the near future sun Ruizhe, vice president of China Textile Industry Association, said in Shishi, Fujian a few days ago that the 12th Five Year Plan for China's textile industry will be released in the near future, and the four outlines of science and technology, brand, sustainable development and talent will also be released one after another

sunruizhe said when attending the 14th cross strait textile and clothing Expo and 2011 leisure clothing Expo that the textile industry revitalization plan defines China's textile industry as "a pillar industry of the national economy", "an important livelihood industry" and "an industry with obvious international competitive advantages". During the "12th Five Year Plan" period, the textile industry will also become "an important part of strategic emerging industries" and "an important driving force for the fashion industry"

it is reported that since this year, China's textiles and clothing have maintained a momentum of rapid growth. In the first quarter, China's retail sales of clothing, shoes and hats, knitwear and textiles reached 2014 billion yuan, an increase of 22.3% year-on-year. According to the data of the General Administration of customs, in the first quarter, China's textile and clothing exports totaled US $48.627 billion, a year-on-year increase of 23.96%, a significant increase compared with 13.56% from January to February. Among them, the export of textiles was USD 20.165 billion, a year-on-year increase of 32.71%, and the export of clothing and accessories was USD 28.461 billion, a year-on-year increase of 18.42%

"this shows that China's domestic demand market has lived up to the expectations of the public, and the main driving force effect has become increasingly prominent. With the new expectations of the Chinese people for a better life, the domestic demand market has laid a solid market foundation for industrial upgrading. The substantial increase in export volume also contains signs of a pick-up in overseas market demand." Sunruizhe said

the increase in retail sales and exports in the domestic demand market also implies the objective factor of the rise in the price of products. Sunruizhe said that one of the suspense facing the textile and garment industry this year is whether the cost can be transferred level by level along the simple industrial chain of production and processing and accepted by consumers at the consumer terminal in the context of the rising raw material prices and labor costs and the layout of national electric furnace steelmaking enterprises

sunruizhe said that China is in a period of consumption promotion and consumption diversification. Rational and irrational consumption coexist, and the department store industry with falsely high prices parallels the professional market with low-cost operation. In the next step, enterprises producing homogeneous products will face huge cost challenges. Standardizing product quality, controlling upstream resources and downstream channels, and BASF's many products on display demonstrate that this strategy guides consumption trends and strengthens the supply chain management of brand enterprises is the inevitable path of industrial development and the key to innovation

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