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Dongguan Weijing Garment Interlining Co., Ltd.

Contact Person:Mr. Zhu

Phone:138-2913-1688

Email:wj@wjcbchina.com

Address:No.9, New Garden North 5th Road, Xin'an Avenue, Ludong Industrial Zone, Humen Town, Dongguan City

China's textile and apparel industry trends

2023-02-11 17:26:05
0

To sum up the future trend of China's textile and garment industry, there are three main points.


First, the migration to the upstream and downstream high-value industrial chain and the migration of low-value added to Southeast Asia.


Upstream high value-added textile materials industry (responsible for 70% of global synthetic fiber production) and downstream medium and high-end clothing brand industry, is the focus of development of China's textile and apparel industry.


Secondly, high-end textile companies are laying out globally, taking advantage of regional comparative advantages to build a new growth curve.


The head textile manufacturers take advantage of the favorable land, labor cost and tax policies in Southeast Asian countries, global layout to undertake the manufacturing business of well-known brand names to achieve sustainable expansion of scale.


Third, policies to promote the textile and apparel industry R & D innovation, intelligent upgrading, clearing high pollution capacity.


Hotline: 138-2913-1688