Shaoxing Textile Enterprises Seek Global Layout And Reduce Cost Pressure

In September last year, China implemented the cotton purchase and storage policy, which protected the cotton farmers, but it hurt the downstream. The loss of comparative advantage of cotton, water and electricity, labor costs and other prices made the development momentum of the textile industry slow down. The cost pressure of textile enterprises is increasing, especially for foreign trade enterprises, facing the embarrassment of order shifting. To cope with the cotton price gap, Shaoxing textil