Most popular China and ASEAN textile and garment i

2022-07-25
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In the past few years without any imitation and conditioning, the textile and garment industries of China and ASEAN have faced the same problem: with the continuation of the global economic crisis, the economic recession has reduced international orders, coupled with the increase of labor costs and other factors, the situation of the garment industry is not optimistic

for this reason, the textile and garment industries of China and ASEAN have decided to join hands to fight against aging and strive for strength

just this month, the China ASEAN textile and garment industry cooperation alliance was announced to be established. Xuningning, Executive Deputy Secretary General of the China ASEAN Business Council, said that this is one of the important measures for industrial cooperation after the completion of the China ASEAN Free Trade Area, which can promote the mutually beneficial development of the garment industry of both sides

under the joint witness of the leaders of the textile and garment industry associations of seven ASEAN countries, including Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, Xuningning, on behalf of the China ASEAN Business Council, signed a memorandum of cooperation with one syboutsivongsakd, chairman of the ASEAN textile and garment industry Federation and chairman of the Laos Garment Association

Shu Yang, chairman of Cambodian garment manufacturers' Association, believes that the fixture of experimental machine is an indispensable component. He believes that ASEAN countries and China can take advantage of the preferential policy of zero tariff to fully tap the market potential. Members can share market information and build brands to meet the growing needs of consumers while changing the trend of garment development in the next 20 years. Wen Shuyang said that the cooperation will benefit more than one billion consumers in China and ASEAN, and will play a positive role in promoting the development of the clothing industry in China and ASEAN

undoubtedly, the role of the textile and clothing industry in the economic growth of ASEAN countries should not be underestimated

adesudrajatusman, chairman of the Indonesian textile association, said that Indonesia has a population of 250million. Last year, the growth rate of the garment industry was 7.5%, higher than that of most industries in Indonesia. Seoghoncheong, executive chairman of the Malaysian Textile Manufacturers Association, also pointed out that Malaysian textile and clothing exports showed an upward trend

angbooncheow, honorary president of Singapore textile and Fashion Federation, pointed out that the strength of Singapore's garment industry is reflected in financing, garment design and garment brand building. In these aspects, there is great potential for cooperation between Singapore and China's textile and garment industry. Dangphuongdung, vice chairman of Vietnam textile and Garment Association, also said that Vietnam is the top ten textile and garment exporters in the world, and imports the most raw materials from China

somsaksrisuponvanit, chairman of the tightening experiment of the Thai Textile Industry Federation, said that Thailand and China are highly complementary in textile and garment cooperation. According to the latest data, the total export volume of Thailand's textile and clothing industry in 2013 reached US $3.242 billion, an increase of 2.62% compared with the same period last year. Thailand exported the most to the ASEAN market, with a total export volume of 524.8 million US dollars, accounting for 22% of the total export volume, an increase of 3.7% over the same period last year. In the first three months of this year, the United States and Japan became the first and second largest consumers of Thai clothing, while other major markets of Thai textiles and clothing are the European Union, China (including Hong Kong), South Korea and ASEAN countries

in recent years, ASEAN has been the fastest growing market for China's exports. According to customs statistics, the trade volume of textiles and clothing between the two sides reached US $11.46 billion in January this year, a year-on-year increase of 57.7%. 72.9% of China's exports are fabrics and knitted clothing, while 52.3% of China's imports are yarn. In addition, China's imports of knitted clothing grew rapidly, with an import amount of US $110million, a year-on-year increase of 42.2%

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