Wang Tiankai: The Development And Regression Of The Textile Industry

A few days ago, Wang Tiankai, President of China Textile Industry Federation, made a more in-depth analysis of the industry situation.

It is pointed out that under the background of China's economic slowdown, the pace of China's textile industry has slowed down, but there has been slow progress.

At the beginning of the new year, the new normal situation faced by Chinese textile industry has begun to appear. In January, the import and export volume of China's textile and clothing decreased double. In 2014, the proportion of working age population in China also declined for third consecutive years, and the demographic dividend subsided further. In 2014, the textile industry's economic operation analysis also pointed out that the industry has changed from high speed development to medium speed development, and the industry development has been steadily advancing.

He stressed that at present, the original production mode has been difficult to continue, and the new mode is still in the process of exploration and formation. Therefore, the core of the industry development is pformation and upgrading, or we must rely on the innovation of technology, brand, system and mechanism, management and so on to provide the front driving force for the development of the industry.

"If we take a more direct view of the industry's performance in the new normal from the perspective of how to understand the new normal, adapt to the new normal and lead the new normal, we can generalize in three sentences: the growth rate is slowing down, the slow development has entered, the development pressure is increasing, the differentiation is quickening up, the power pformation is pressing, and the key is innovation."

At the Tenth China Textile round table forum at the beginning of 2015, Wang Tiankai discussed the trend and characteristics of the external situation and the development of the industry respectively.

He pointed out that from the external situation, the textile industry is facing four new trends: first, the upgrading of domestic consumption structure; two, the adjustment and reconstruction of international competition pattern; three, the change of comparative advantage of production factors; and four, the constraint of resources and environment.

It shows that if we look directly at the industry's performance in the new normal from the perspective of how to understand the new normal, adapt to the new normal and lead the new normal, we can generalize in three sentences: the growth rate is slowing down, there is a gradual slowdown in development, the pressure of development is increasing, and the differentiation is accelerating.

Specifically,

As a consumer goods industry, it is closely related to the development of national macro-economy.

As China's economic growth slows, it will eventually affect demand growth in the industry.

In the new normal, the textile industry will also enter the medium speed growth from the medium and high speed growth. From last year, the main economic growth indicators of Enterprises above Designated Size have entered the single digit growth from two digit growth.

There is no doubt that China's textile industry is at an important turning point.

"As a member of the global textile industry system, in the face of uncertainties in the current world economic instability, China's textile industry is also facing changes in China's economic growth shift, structural adjustment, policy pformation and other major macroeconomic changes, the industry's long-term accumulation of internal structural contradictions become more prominent."

Wang Tiankai pointed out.

Wang Tiankai stressed that from another perspective, under such a pressure, it is also the best period for China's manufacturing industry to adjust and upgrade, including the textile industry.

"Further deepening industries

To speed up pformation and upgrading and strive to adapt to the new normal of the world and China's economy has become the fundamental task of the development of China's textile industry.

Promoting pformation and upgrading is an inevitable requirement of China's textile industry.

Wang Tiankai said.

"While the industry is accepting and adapting to the slowdown in the textile industry, we should pay more attention to the opportunity to slow down and advance, to find and grasp the opportunities for continuous development of the industry."

Wang Tiankai stressed that while the industry is accepting and adapting to the slowdown in the textile industry, more attention should be paid to slow down and progress, and to find and grasp opportunities for continuous development of the industry.

He pointed out that first of all, industrial textiles still maintained good growth. Last year, the main economic indicators of industrial textiles maintained a two digit growth, which was determined by the national economic development strategy for the demand for industrial textiles.

In the new normal, industrial textiles will continue to grow rapidly.

Moreover, the rapid development of the industry's textile industry needs to learn from the experience gained from the development of scale and pay more attention to the optimization of industrial structure.

The industry textile industry should give full play to its important role in driving the growth of the entire textile industry.

The second is the acceleration of industrial restructuring, which is the most typical characteristic of the new normal.

Under the new normal, the adjustment of industrial structure, regional structure, enterprise organizational structure and product structure is accelerating.

The other is the pressure of development and the acceleration of differentiation.

Under the new normal, the pressure on the overall operation and development of the textile industry is increasing. Both small and medium-sized enterprises and large enterprises generally feel that the operation is more difficult.

Enterprises generally feel the pressure is increasing. The most important reason is that the original production mode is difficult to continue, and the new mode is still in the process of exploration and formation.

In addition, the demand growth is relatively weakened, resources and environment constraints are intensified, the cost of elements is rising and the demand for terminal changes has accelerated. Personalization and differentiation have become the mainstream, as well as some of the micro market characteristics of some industries such as capacity stage and structural surplus.

The second is the urgency of power pformation, the key is innovation.

Under the new normal, the core of the development of the industry is to promote pformation and upgrading, change dependence on investment driven and factor driven, and rely on innovation in technology, brand, management, system, mechanism and business mode to promote the development of the industry.