China's textile industry faces great difficulties and challenges in its development

Chen Shujin, vice president of the China National Textile and Apparel Industry Association, pointed out that due to the financial crisis, the development of China's textile industry is facing great difficulties and challenges. At the same time, opportunities and challenges coexist. In this regard, the Chinese textile industry needs to accelerate the pace of industrial restructuring, change the mode of economic growth, and achieve industrial transformation and upgrading.

Chen Shujin stated at the news conference of the 8th China (Dalang) International Wool Textile Products Trade Fair on the 27th that the textile industry is the traditional pillar industry of the Chinese national economy and an important civilian production industry. It is also an industry with obvious advantages in international competition. China has always attached great importance to and vigorously supported the development of the textile industry. The “Regulation of Textile Industry Adjustment and Revitalization Plan” issued by the State Council in April is of great significance to promoting the development of the Chinese textile industry. The wool textile industry is a very important part of the Chinese textile economy.

Due to the impact of the international financial crisis, Chinese wool knitwear enterprises that have been mainly exported to foreign countries since 2008 have generally faced a series of problems such as shrinking markets, difficulties, and decline in profits. Chen Shujin said that under such circumstances, the holding of China's largest and most influential China International Wool Textile Product Trade Fair (Weaving) will play an important role in strengthening the confidence of Chinese textile companies and promoting the development of the industry.

The 8th China (Dalang) International Wool Knitwear Fair hosted by the China Wool Textile Industry Association, the China Textile Promotion Branch, and the Dongguan City People's Government will be held in Dongguan, Guangdong from November 1st to 4th. Long held, the scale will be the highest ever. The theme of this conference is “Innovation and Development”. The content includes four parts: exhibition display, docking transaction, theme forum and special event. During the “Weaving Festival”, events such as the China International Knitwear Fashion Trend Conference and the Knitwear Design Competition will also be held. This conference will become an important platform for professional merchants at home and abroad to purchase woolen products.

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