
Yulun(Vietnam)
China's textile and garment industry faces fierce competition from Southeast Asia and other countries
- Categories:Industry News
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- Time of issue:2024-08-22
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(Summary description)China's textile and apparel industry is facing fierce competition from Southeast Asia and other countries, and is subject to multiple competitions from Cambodia, Bangladesh, Vietnam, Pakistan, India, Sri Lanka, and other countries as enterprises look for export breakthroughs.
China's textile and garment industry faces fierce competition from Southeast Asia and other countries
(Summary description)China's textile and apparel industry is facing fierce competition from Southeast Asia and other countries, and is subject to multiple competitions from Cambodia, Bangladesh, Vietnam, Pakistan, India, Sri Lanka, and other countries as enterprises look for export breakthroughs.
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2024-08-22
- Views:0
China's textile and garment industry faces fierce competition from Southeast Asia and other countries
China's textile and apparel industry is facing fierce competition from Southeast Asia and other countries, and is subject to multiple competitions from Cambodia, Bangladesh, Vietnam, Pakistan, India, Sri Lanka, and other countries as enterprises look for export breakthroughs.
According to authoritative reports, in the U.S. textile and apparel market, products mainly from China and Vietnam. 2014, China's textile and apparel exports to the U.S. reached $ 33.45 billion in the first two months of this year, Vietnam's textile and apparel exports amounted to 3.4 billion U.S. dollars, an increase of 15.8%, a record high, in March, Vietnam exports of ready-made garments and textiles to the European Union increased by 7.5% as the world's second largest textile and apparel exporter India, has also recently been the second largest exporting country. As the world's second largest textile and apparel exporter of India, recently announced the 2015-2020 foreign trade policy, the focus of the new policy is to promote textile and apparel exports.
Southeast Asian countries, labor is relatively cheap, especially these countries have low tariffs, and even some countries such as Bangladesh, Cambodia also implement zero tariff policy, on this point, has made China in the competition for foreign markets with these countries and regions can not help but be at a disadvantage.
China's textile and apparel industry analysts, the European Union, the United States and Hong Kong, China, is Guangdong's clothing exports of the old market, by the impact of the environment is not much change, but the market share has a tendency to shrink.
Yulun (Vietnam) Spinning Weaving Dyeing Co., Ltd. is a large-scale textile enterprise and a multinational company, which has been established for more than 70 years. The main products of the group are cotton, pure chemical fiber, blended, bamboo four series of more than 60 varieties of yarn, as well as a variety of fine-count high-density fabrics, high-grade blended interwoven fabrics and other blank fabrics.