Zhang Xinmin: China's textile industry orders fell but enough to deal with

Zhang Xinmin, vice president of the China Chamber of Commerce for Import and Export of Textiles, said in Toronto on August 22 that local textile production orders fell and some production companies moved to South Asia and Southeast Asia. These changes will have an impact on China's textile industry in the next five years, but the impact is not decisive. The Chinese textile industry has an advantage that is sufficient.

The first Canadian Apparel and Textiles Sourcing Fair opened on August 22nd at the Toronto International Center. Of the more than 160 booths, there are only 127 Chinese companies and 135 booths.

In response to the rise in labor costs and the impact of changes in the RMB exchange rate on China's textile industry, Zhang Xinmin acknowledged that the most discussed issue in the industry was the rise in the cost of textiles. This is a trend, productivity has increased, and laborers have The income level will also increase accordingly.

"But China still has great advantages in the production field." Zhang Xinmin said that the industrial chain of China's textile industry is complete, the delivery time is timely, the quality of laborers is relatively high, and other supporting facilities are relatively sound.

Zhang Xinmin said that although some orders and some production enterprises have moved to South Asia and Southeast Asia in the short term, this change has had an impact on China's textile industry in the past five years, but the impact is not decisive.

Zhang Xinmin said that Chinese companies can improve their ability through transformation and upgrading, R&D design, brand marketing, etc., to cope with this change. Zhang Xinmin did not make a prediction on the situation after 5 years.

The China Chamber of Commerce for Import and Export of Textiles is China's largest textile professional association with more than 12,000 member companies.

Jason Prescott, president of the apparel and textiles procurement exhibition, said that the participation of Chinese companies is exciting. The procurement exhibition was invited to come to the site and congratulate the Canadian Senator Beard, the former mayor of Mississauga, where the exhibition was held.

Xue Bing, Consul General of China in Toronto, said that the current bilateral trade volume between China and Canada needs to be improved. Clothing and textiles play an important role in bilateral trade. In this respect, China has production capacity, Canada has technology, and the two sides have strong cooperation.

The exhibition lasts for 3 days. The exhibit categories include clothing, home textiles, functional fabrics and fashion accessories. The International Super Model Competition was also held during the exhibition.

Editor in charge: Zhang Xiaoxiao