Textile Industry Speeds Up Integration Of Industrial Chain

In the late 80~90 P, China's textile industry entered a stage of rapid growth. The typical feature was the pition from planned economy to market economy. A large number of private and foreign enterprises entered. The products were mainly made of bulk textiles and garments; a large number of products exported, and the textile economy went outward to the economic development; and the layout of production was distributed from the scattered layout to the regional concentration. The textile industry in the late twentieth Century saw the rapid growth of the textile industry.

Since 1980s, under the background of reform and opening up, China's textile industry has experienced a period of rapid expansion with the advantage of cheap labor.

According to the German Werner International Inc's statistics on the labor force of the world textile industry < a href= "http:// www.sjfzxm.com/news/index_c.asp" > wage < /a > cost, China ranked forty-eighth in the 54 countries surveyed in the autumn of 2000, and the cost of labor wages is only 2.6% of Japan and 4.8% of the United States.

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In the middle of 90s, with the cost advantage of < a href= "http:// www.sjfzxm.com/news/index_c.asp" > labor force < /a >, China rapidly accepted the low end capacity pfer from the four Asian dragons and other regions. However, due to fierce competition in the market, homogenization competition resulted in imbalance between supply and demand. At that time, most state-owned enterprises were heavily burdened with heavy capital and equipment, and the whole textile industry suffered losses for many years. P

With the rapid development of textile and private enterprises, the textile industry has reached a breakeven point by the end of 90s.

The textile industry was a big industry in China at that time and occupied an important position in the whole economic structure. In 1999, the export surplus of the textile industry was 32 billion US dollars, accounting for 70% of the country's foreign trade surplus.

According to statistics in 2000, 13 million of the textile industry workers accounted for 13% of the total number of industrial workers in the country, accounting for 11.4% of the fixed assets.

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In 2001, when China joined the < a href= "http:// www.sjfzxm.com/news/index_c.asp" > WTO < /a >, the biggest beneficiaries were the textile industry with relatively prominent international competitive advantages. In 2004, the proportion of the total output value of China's textile industry, the proportion of industrial workers and the proportion of single digit enterprises reached the peak of this stage.

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In 2005 P, taking into account the overall interests of the national economy, Chinese enterprises made a "sacrifice" for the establishment of a new global textile trade order. The active improvement of China's export tariffs alleviated the positive conflict of short-term trade and the pressure of RMB appreciation, but the textile industry entered a stage of adjustment.

At the same time, the labor cost in China is showing a trend of rapid growth. The labor cost of the textile industry has gone all the way. It has strong competitive advantages compared with the developed countries and the international average. However, compared with the main competitors in Asia, the wage cost of China has no advantage.

In 2002, the average wage level of China's textile industry has reached 1.12 times that of India and 1.86 times of that of Pakistan. The two rising countries in the late 1990s are increasingly becoming China's strongest competitors in low value-added and popular textile and clothing products.

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< p > 2007~2008, although European and American restrictions on textiles in China have expired one after another, but the relative advantage represented by labor costs has been weakening, which has weakened the competitiveness of China's textile industry in the world. 2008~2009 years of financial crisis has delayed the pressure of rising labor costs. But in 2011, the "compensatory" wage increase and staff welfare indirectly increased the labor cost, and China's textile industry was increasingly impacted by Vietnam and other countries.

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Since P, 2012, labor costs continue to rise, environmental protection and other policy pressures are increasing. Industrial pformation and upgrading are imminent. Low and medium end production capacity has been accelerated to Southeast Asian countries.

In 2013, Vietnam's textile exports amounted to 23 billion US dollars, accounting for 15% of the total GDP value of Vietnam, and Vietnam resolved 3 million people's employment. The textile industry has become the traditional pillar industry in Vietnam.

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