China'S Textile Industry Strengthens Docking With Countries And Regions Along The Belt And Road

Xu Yingxin, vice president of China Textile Industry Federation, said at the 2021 "belt and road" conference of China's textile industry recently held, China's textile industry has accelerated the layout of global industrial chain, especially strengthening the docking with countries and regions along the belt and road. In recent years, most of the foreign direct investment in textile and garment industry has gone to countries and regions along the belt and road. China Textile Industry Federation is also accelerating the "going global" of textile industry, enhancing competitiveness and seizing new opportunities in the layout of global industrial chain.

Deepening international cooperation in the field of textile is the inevitable requirement of high-quality development of textile industry. To form a more innovative, higher value-added and more flexible supply chain, it is necessary to build a more perfect and diversified industrial system. In recent years, China Textile Industry Federation has effectively improved the awareness of textile and garment enterprises on the investment environment by building a multilateral international exchange platform. Through "going out", the textile industry has accelerated the integration of high-quality resources in the upstream and downstream of the industrial chain. The belt and road initiative is a key area for China's international textile capacity cooperation.

Gao Yong, Secretary of the Party committee of the China Textile Industry Federation, said at the meeting that the epidemic has accelerated the adjustment of the international textile industry pattern. Under the complicated and changeable situation, we should firmly promote international cooperation in the textile industry, ensure the safety of the supply chain of the industrial chain in terms of foreign investment, and guide the industrial layout scientifically.

It is reported that China Textile Industry Federation will accelerate the docking of textile industry with countries and regions along the belt and road, and promote international production capacity cooperation in the field of textile.