What Should Chongqing Textile Industry Do After The Overseas Pfer Of Textile Enterprises?

Not long ago, New York Times published a piece of news that "the industrial chain has been reversed, and China's cotton mill has landed in the United States".

According to the article, because of the long term upside down of domestic and foreign cotton prices and the rising cost of labor, some textile enterprises in China's coastal areas moved their production lines to the United States.

Some people believe that the textile industry is a microcosm of large-scale and low labor cost manufacturing. Domestic textile enterprises gradually shift their production lines to Southeast Asian regions with lower cost and even set up factories in developed countries. This shows that the comparative advantage of China's textile industry is accelerating and vanishing.

At the beginning of this year, a textile company in Guangdong went to Bangladesh to take part in the textile and garment exhibition, and made a deep investigation of the textile industry's employment market and development prospects.

During the inspection period, the company found that many of its counterparts from China were carrying out similar "stepping stones" with the same goal.

"At present, enterprises located in the Eastern Textile industry base are exploring the investment opportunities in Southeast Asia."

Wang Tiankai analysis, because the difference between domestic and foreign cotton per ton of cotton reached the highest price of about 5000 yuan, and the labor cost increased year by year, the textile industry as a labor-intensive industry, the labor cost of enterprises increased year by year by 15%, and often encountered "labor shortage", these factors have become the cause of the pfer of the textile industry to Southeast Asia.

In addition, the successful effect of some "going out" textile enterprises has made more textile enterprises have the impulse to "go out".

The China Textile Import and Export Chamber of Commerce said that domestic enterprises mainly investing in Southeast Asia were mainly textile and garment enterprises. They built factories in Thailand, Vietnam and other industrial parks with low labor cost and raw materials, and built large scale processing bases in lower cost Kampuchea and Burma, so as to reduce production cost pressure.

Is this really the case?

Is there such a shift in the textile industry? If so, what should Chongqing textile enterprises do? Recently, the reporter interviewed.

"The pfer of domestic textile industry to the US is only a case."

Wang Tiankai, President of the China Textile Industry Federation, believes that in the New York Times news,

Moving to the United States is a private company in Hangzhou.

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However, the factory in the United States only produces rotor spinning, and the product is the least employed and the most mechanized product in all textiles.

"But it should not be overlooked that the current pfer of domestic textile manufacturing to overseas has indeed become a trend, and the pfer enterprises are expanding from garment manufacturing to upstream yarn, printing and dyeing in the industrial chain, and their pfer destinations are more concentrated in Southeast Asia than in the United States."

Wang Tiankai said.

According to the news from the Federation, it is different from previous years' investment in Southeast Asia, and now more textile enterprises in China have begun to take action.

A notable sign is that in recent years, more and more clothes labels have been replaced by "MADE IN CHINA", which we are familiar with, and gradually replaced by "MADE IN VIETNAM" (made in Vietnam) and "MADE IN THAILAND" (made in Thailand).