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How will the country’s textile and garment industry develop in the future?

1. What is the current status of my country’s textile and garment industry in the world?

my country’s textile and garment industry is currently in a leading position in the world, accounting for more than 50% of the global garment manufacturing industry. The scale of my country’s textile and garment industry occupies a dominant position in the world, with more than 1 million enterprises. In addition, my country is also the world’s largest clothing exporter, with exports of textile and clothing products reaching 922 billion yuan in 2017.

Note: According to the China National Textile and Apparel Council, my country’s total textile fiber processing will account for more than 50% of the world’s total in 2020. According to the General Administration of Customs, my country’s textile and clothing exports will reach US$323.34 billion in 2022.

2. What do you think are the advantages and disadvantages of my country’s textile and garment enterprises, and what should they do?

my country’s textile and garment enterprises have certain advantages, such as abundant labor force and economically favorable tariffs. But there are also some disadvantages, that is, the overall management level and quality control level are not high, and the production capital is insufficient. At present, we still need to continuously improve the overall management level and quality control level, and we should pay attention to the environmental protection of enterprises and strengthen the application of environmentally friendly materials. Pay attention to personnel training and improve technical level.

3. How much growth space can the textile and garment industry have in 2023?

As consumers pay more and more attention to environmental protection and fashion, the textile and garment industry will usher in a broader development space in 2023. In terms of raw materials, green raw materials such as new organic agriculture and recycled fibers will inject new impetus into the textile and garment industry. In terms of production technology, intelligent and antibacterial and deodorizing technologies will be more used. In addition, with the development of wearable technology, new market opportunities will be injected into the textile and garment industry.

4. What should textile and garment enterprises do this year?

In 2023, textile and garment enterprises should seize market distribution rights, develop more advanced textile machines and new materials, vigorously promote original designs, develop new industry products, and meet more diverse needs of customers. Enterprises should also consider the Internet, bringing the traditional textile and garment industry into new growth opportunities. In addition, enterprises should also increase investment in technology to provide textile and garment services with precise positioning and intelligent solutions to enhance their competitiveness.

5. What are the opportunities for my country’s textile and garment exports?

The opportunities for China’s textile and clothing exports in 2023 mainly lie in: first, the EU is implementing policy changes in the clothing field, and Chinese companies can obtain more export opportunities; second, technology is constantly updated, and customized and “intelligent” processing technologies can improve Quality, to attract more customers; third, the continuous development of Chinese partners can expand the vast overseas market, thereby stabilizing the overall operation of the market.

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Company Name: Shanghai Singularity Imp&exp Company Limited.
Contact Person: Singularity
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Country: China

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