Chinese Textile Industry'S Ability To Resist Risks
Although China's textile industry is facing a grim situation, it can still be seen from the crisis that the textile industry's ability to withstand risks due to industrial upgrading has been significantly enhanced.
The reporter learned from the China Textile Industry Association that in spite of the fact that the world textile industry is generally in a predicament, even though 2/3 of Chinese textile enterprises are facing serious difficulties, there are still nearly fourteen thousand enterprises in China with a scale of over 30%. The average sales growth in August was 24%, two and 00 years eight years ago, and the profit increased by 33%. These enterprises have a good performance in resisting risks. The key lies in having advanced technology, innovative ability, strong competitiveness in brand and marketing network.
China Textile Industry Association president Yu Yu Zhou said that the current difficulties in the textile industry were mainly due to the impact of the international financial and economic crisis. At the same time, there were also the effects of China's domestic macroeconomic tightening policy before August last year and the sharp slowdown in growth since September. Of course, there must be some deep-rooted contradictions in the industry upgrading. The external pressure increases, and the internal structure problem highlights, exacerbating the pformation of China's textile industry development mode and promoting the process of industrial upgrading. The pain is due to the fact that this economic crisis has become a propellant for China's textile industry to accelerate its adjustment and upgrade its industry, so as to enhance the determination and confidence of China's textile industry to overcome the crisis and speed up industrial upgrading.
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