China Garment Website_China's popular garment and fashion information platform China Garment News China’s total fiber processing accounts for more than half of the total

China’s total fiber processing accounts for more than half of the total



China’s total fiber processing accounts for more than half of the total On March 28, at the 16th joint meeting of China Fabric Industry Federation and China Finance, Trade, L…

China’s total fiber processing accounts for more than half of the total

On March 28, at the 16th joint meeting of China Fabric Industry Federation and China Finance, Trade, Light Textile and Tobacco Trade Union, Sun Ruizhe, President of China Fabric Industry Federation, said that the realistic conditions for achieving high-quality development in the fabric industry are already in place.

According to Sun Ruizhe, since 2011, China’s total fiber finishing has continued to account for more than half of the total. In 2017, enterprises above designated size achieved main business income of 6.893565 billion yuan, a year-on-year increase of 4.2%; total profits were 376.881 billion yuan, a year-on-year increase of 6.9%; fabric workwear exports totaled 274.505 billion US dollars, a year-on-year increase of 1.62%. The huge industrial scale, complete industrial supporting facilities, and continuously optimized supply structure form a solid foundation for high-quality development.

Sun Ruizhe said that the economy is entering a new upward cycle and showing a trend of recovery, which provides an important window period for high-quality development of the fabric industry. At the same time, the trend of reversal and protectionism in trade and investment have strengthened within the scope, which objectively forces the industry to accelerate upgrading.

Sun Ruizhe said that China’s fabric industry currently has problems such as unbalanced supply and demand structure, unbalanced regional progress, and unbalanced industrial returns; insufficient innovative applications, insufficient integration of industry and finance, and insufficient environmental construction. To achieve high-quality progress in the industry, we need to continuously deepen supply-side structural reforms to optimize the allocation of factors and improve the quality and quantity of economic growth.

AAAASE3RETRUY7I8OFG


Disclaimer:

Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights, please contact us and we will change or delete it as soon as possible.

AA

This article is from the Internet, does not represent 【www.china-garment.com】 position, reproduced please specify the source.https://www.china-garment.com/archives/34699

Author: clsrich

 
TOP
Home
News
Product
Application
Search