Ministry Of Commerce: China'S Textile And Garment Industry Is Facing Three Challenges.

Fu Ziying, Vice Minister of Commerce of China, said in Guangzhou 1 days ago that although textile and clothing were Chinese tradition.

At present, China's textile and garment exports account for about 1/3 of the global market share, and its trading partners cover more than 200 countries and regions in the world.

But what we must see is that China's textile and garment industry is still facing challenges. "

Fu Ziying said that China's textile and garment industry is lack of innovative design capability and independent brand.

At present, China's textile and clothing exports are still dominated by OEM, and the proportion of independent design and independent brand merchandise accounts for less than 10% of the total exports.

Fu Ziying said that the export price advantage of textile and garment industry is gradually weakening. With the substantial increase in labor and raw material costs, the pressure of RMB appreciation is increasing, and the profit margins of enterprises are squeezed.

Besides, there is a lack of international marketing channels.

Fu Ziying said that textile and garment enterprises should take advantage of the policy environment and actively introduce overseas advanced design resources, enhance their design capabilities, strengthen exchanges and cooperation between Chinese and foreign brand enterprises, and make full use of the international market.