China builds a sustainable textile supply chain and builds a “green channel” for exports
Faced with growing green trade barriers, China, as a large exporter of fabric products, has created a sustainable supply chain for fabric products, which will Build a “green channel” for product exports.
Jiang Zengwei, President of the China Council for the Promotion of International Trade, said at the “China-EU Sustainable Supply Chain High-Level Forum” on the 28th that China-EU trade in fabric products occupies an important position in China-EU trade. In 2015, the amount of China’s fabric products exported to the EU accounted for 10% of the EU’s total. 11.3% of total imports from China. Optimizing the sustainable supply chain of the fabric industry will further increase the scale of China-EU trade and is also of great significance in leading trade out of the trough.
The damage caused by green trade barriers to my country’s fabric trade cannot be underestimated. It is estimated that in 2015, my country’s losses due to substandard EU green testing accounted for 18.9% of my country’s total exports of fabric workwear to the EU that year. Moreover, the EU’s new environmental protection policy – Product Environmental Footprint (PEF) has entered the trial stage. Once adopted, it will bring severe challenges to the export of our fabric industry.
The forum will announce the “Action Plan for Sustainable Supply Chain of Fabric Products in China”. According to the plan, four major projects will be implemented: sustainable standard system construction, production intelligence, innovative design, and green brand building. The formulation of standards for fabric products and intelligent fabric manufacturing will be strengthened in every link of the fabric supply chain, striving to achieve In 2036, my country’s fabric industry will establish a technical system and a sustainable production standard system.
Zhao Ping, director of the International Trade Research Department of the China Council for the Promotion of International Trade, pointed out that building a sustainable supply chain can not only break green trade barriers for fabric exports, but also promote the transformation of domestic fabric companies and help Improve the voice of Chinese enterprises in formulating international trade rules.
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