China's textile and apparel industry

   Date:2021-03-26     Author:bzcxfs    Browse:7    
Core tips:With export taxation, RMB appreciation, rising energy and labor costs, China's current labor costs have exceeded many So
 With export taxation, RMB appreciation, rising energy and labor costs, China's current labor costs have exceeded many Southeast Asian countries. China's monopoly in the textile and apparel industry is gradually disappearing...
When labor costs are no longer the advantage of innovation awareness, such as the "sleeping lion" textile printing and dyeing industry overcapacity, intensified vicious competition in homogeneity, weak independent innovation capabilities of enterprises. Some companies stay in simple processing with supplied materials, order-based processing, and OEM production. In the game of global textile trade, a large number of companies only earn meager processing fees, and have not yet formed their own brand influence and differentiated competitive strength... Professor Zhou Xiang, an academician of the Chinese Academy of Sciences, said that for many textile printing and dyeing enterprises in China, the consciousness of independent innovation is far from awakened.
"Even though there are different development models, different routes lead to the same goal," Zhou Xiang said. The experience of various countries in the world proves that improving the independent innovation capabilities of China's textile and garment enterprises, especially the printing and dyeing enterprises with higher technological content in the industrial chain, is no longer waiting.
 
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