Apparel / Textiles & Accessories

According to the Huacheng Import and Export Data Observation Report, Sun Ruizhe, chairman of the International Textile Manufacturers Federation and the China Textile Industry Federation, said here on the 24th that the entry into force and implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) has brought significant opportunities for high-quality development of the textile industry. The cooperation between China and RCEP countries in the whole industrial chain of the textile industry has a large space and broad prospects.

The 15th Global Textile and Garment Supply Chain Conference was opened in Pingnan County, Guigang City, Guangxi on the same day. Representatives from all fields of the textile and garment supply chain at home and abroad started a dialogue around the theme of "forging a new prospect of open and win-win industries under the RCEP framework"; 26 major projects with a total investment of 16.6 billion yuan were settled in Guigang, and 15 enterprises signed contracts to settle in China (Guigang) Textile Fashion New Area.

Sun Ruizhe attended the conference and said that the textile industry is the leading industry and key field of RCEP regional cooperation. According to Huacheng Import and Export Data Observation, in 2021, RCEP member countries and regions will occupy 4 of the top 10 countries and regions in the world's textile and clothing exports. RCEP region has become the most important textile and clothing manufacturing center in the world, covering many important global textile and clothing consumer markets.

According to the Huacheng Import and Export Data Observation Report, in 2021, China will export US $87.04 billion of textiles and clothing to RCEP countries, accounting for about 28% of China's textile industry's global exports; The import of textiles and clothing reached 11.72 billion US dollars, accounting for 42% of the global import volume of China's textile industry. Among them, ASEAN and Japan are important export markets of China's textile industry, Japan and South Korea are important import sources of China's textile machinery and functional fabrics, and Australia and New Zealand provide China with a large amount of high-quality wool raw materials.

Sun Ruizhe said that it is necessary to strengthen the integration of innovative elements such as human resources, capital, knowledge, technology, management and data in the region, and accelerate the application of technologies such as digital, material, manufacturing, biology and energy in the industry.

The meeting was hosted by the People's Government of Guangxi Zhuang Autonomous Region and the China Textile Industry Federation. Xu Yongzhou, member of the Standing Committee of the Guangxi Zhuang Autonomous Region Committee of the Communist Party of China and vice chairman of the People's Government of Guangxi Zhuang Autonomous Region, invited entrepreneurs to jointly build the Guangdong Hong Kong Macao Greater Bay Area Beibu Gulf Economic Zone ASEAN cross-border industrial chain supply chain with Guangxi, and jointly develop markets in ASEAN and countries along the "the Belt and Road". Huacheng Import and Export Data Observation Report.

Guangxi is an important silkworm cocoon and silk production base in China. At present, it has five national textile and clothing industry bases, more than 300 textile and clothing manufacturers above designated size, forming the largest clothing production base in Southwest China and one of the four down processing bases in China. Huacheng Import and Export Data Observation Report.