Analysis Of The Status Quo Of The Textile Industry: Really Bankrupt Or Exaggerate The Fact?

In recent years, 170 million of the textile industry of the employment population is now closing down. Tens of millions of people will go home early for the new year. The news spread widely in WeChat's circle of friends, and is widely circulated in the society.

Garment enterprises are closing down frequently, making this upstream and downstream industrial chain employment population as high as 170 million, once occupying China.

Half of the pillar industries again touch the nerves of the Chinese people.

The news also said "no worries": "for China's textile."

Industry and business owners, the next two years of industry reshuffle and life will be very tragic.

As for the 170 million working population, tens of millions of people will go home for several months ahead of the lunar new year, only God knows! For this reason, some people in the industry, even those friends who were not very concerned about the textile industry, have been asked what problems have occurred in the textile industry. How can there be so many big business failures?

In the face of such "news" and concerns, it is obvious that we need to do some rational analysis so that we can see the industry more rationally, thus conveying a rational voice to the society, to the consumers of textile and clothing, to the textile value chain and the stakeholders in the supply chain.

In fact, the textile industry has long been a favorite of some social media. The textile industry has been crowned by some people as "sunset industry" for a long time.

Although China's textile industry has been developing rapidly and vigorously for many years, once these enterprises fail to operate due to various problems, these stubborn voices will be noisy again for the first time.

This is even more serious. "170 million of the textile industry of the employment population is now closing down" millions of people will go home early for the new year ". Not only is the view too far off, but it is also inconsistent with the facts, and 170 million of the employed population is also unwarranted, causing bad effects in the society and industry.

Since 2015, from the data indicators, the economic performance of China's textile industry is basically normal, the main operating indicators showed stable situation in the two or three quarter, the quality and efficiency of operation remained stable, and investment confidence was restored.

Although the industry is facing slower and slower international competition and higher comprehensive costs, the following effects of cotton purchasing and storage policy remain to be digested and the decline in exports is deepening and other adverse factors and downward pressure. However, after years of market baptism, the industry has a strong ability to resist risks, and the whole industry still maintains the vitality of sustained development.

But at the same time, we should also see that some enterprises are in the stage of difficult operation, and some enterprises that have been brilliant for a long time have gone bankrupt and bankrupt. This also fully demonstrates that the textile industry is a highly competitive industry, following the basic rules and operation rules of the market economy.

From a rational perspective, there is a normal situation in the industrial upgrading and structural adjustment.

The deeper reason for the deepening of textile and garment export is not the development of the industry itself, but the driving force of the traditional economic globalization has weakened, and the world economy and world trade are entering the depth adjustment cycle.

It can be seen that China's textile industry is not that bad.

During the "12th Five-Year" period, the textile industry is a traditional pillar industry of the national economy, an important livelihood industry and an internationally competitive industry.

In the future, the position of the textile industry in the national economic and social development will not be weakened. Instead, it will be promoted under the background of building a strong manufacturing country in China. The textile industry will continue to be a livelihood and pillar industry for national economic and social development, and also a fashion and consumer industry that promotes cultural creativity and lifestyle. It is also a leading industry for high-tech applications, international development and business mode innovation.

Under the goal of "two one hundred years", the development of textile industry is in line with China's national conditions.

Others are biased and the industry should be self reliant.

Facing the downward pressure of objective existence, people in the industry need to form a joint effort to further deepen the pformation and upgrading, and strive to resolve various risk pressures. At the same time, policies need to be properly supported to ensure steady development of the industry.

As a large population country that has not yet fulfilled its industrialization task, the textile industry will play an important role in building a moderately prosperous society and a beautiful China. It will also make its due efforts to build a strong textile nation.