Home >

TPP, China Will No Longer Be Vietnam'S First Trading Power. How Should Textile Enterprises Respond?

2015/10/22 9:29:00 42

TPPTextilesVietnamClothingExportsThe United StatesMade In China 2025

Trans Pacific Partnership Agreement (

TPP

A basic agreement has been reached, which will undoubtedly affect our country.

Spin

Exports of clothing and other industries have no small impact.

After the TPP agreement came into effect, Vietnam's textiles

Exit

The United States and Japan will enjoy zero tariff. I believe that by then, China will no longer be Vietnam's first trading power.

And China, the largest textile exporter in the US, will probably change hands.

The survey shows that the textile and garment industry of Vietnam and Malaysia TPP members are developing rapidly. Whether it is equipment or technology, the pace of upgrading is very fast, and even some individual foreign invested factories and equipment are more advanced than those of Quanzhou and other places in China.

This will urge our domestic production enterprises to continuously upgrade their product innovation capabilities and service capabilities to develop high-end manufacturing industries. During the pition period of TPP, China's textile manufacturing industry will avoid competition from the low-end manufacturing industries such as Vietnam, Malaysia and other Southeast Asian countries.

At the same time, we must also have confidence in going global and participating in global competition.

This is also an important channel for enterprises to effectively avoid trade and investment barriers made by TPP and other fragmented FTA.

Domestic textile production capacity has begun to pfer to Southeast Asia in recent years. Many leading domestic enterprises already have a certain capacity layout in Vietnam. At that time, Chinese enterprises can enjoy tariff concessions from the FTA Agreement and buy textile products produced in Vietnam to buy in the US and Japan, which will also benefit directly from the TPP agreement.

Vietnamese market will be a battleground for Chinese enterprises in the future, because this is not only the demand of customers and market, but also the call of an emerging consumer market.

Huang said that the "going out" of Chinese textile enterprises should create a layout model for manufacturing bases of "China + neighboring countries", giving full play to the advantages of Chinese textile enterprises to the upstream and downstream industrial chains, and creating new textile enterprises Industrial Parks abroad.

At the same time, Chinese enterprises can also extend and control the global raw materials, brand resources and market channel resources through overseas direct investment and mergers and acquisitions, so as to drive the industry to penetrate into the high value-added area of the industrial value chain.

"Made in China 2025" has also made special reference to the blueprint for China's textile industry planning. In the future, it is necessary to achieve continuous operation, digital control, real-time monitoring and adaptive control, and complete artificial substitution.

China's textile industry has international advantages in terms of market share and technology optimization, but it still needs to strengthen the R & D breakthrough of key equipment and management system. It still needs to steadily and steadily push from intelligent production line to digital chemical plant.

China's textile industry must insist on "going out" in the crucial period of China's pition from a big textile country to a strong textile country.

In this way, we can not only catch up with the international level through competition, but also play an important role in building a textile power and consolidating the global position of China's textile industry.

The "going out" of Chinese textile enterprises will have a positive interaction with the pformation and upgrading of domestic textile industry.

  • Related reading

Export Situation Of India Textile Industry Is Sluggish, Seeking Support From Government And Promoting Exports.

international standard
|
2015/10/19 11:15:00
114

The TPP Agreement Will Help Vietnam To Develop Its Textile And Garment Industry.

international standard
|
2015/10/17 9:35:00
46

The TPP Agreement Will Face Stringent Review Requirements, Restrict The Depreciation Of Domestic Currencies To Gain Trade Advantage.

international standard
|
2015/10/16 9:24:00
33

The TPP Agreement Has Limited Influence On China'S Textile And Garment Industry.

international standard
|
2015/10/13 9:31:00
57

Textile Enterprises Must Pay Attention To: EU NPE Ban Effective

international standard
|
2015/10/10 14:21:00
44
Read the next article

Decathlon Expands China's Sporting Goods Market

It is predicted that in the next 10 years, the global sports sales market will expand, and Asia will account for 60% of the expanded market, of which China will account for 2/3. The value of the Chinese market is between 15 billion and 25 billion euros, two times that of France.