Textile Science and Technology Education Foundation convened the second tenth Council in Beijing

　　Xu Yingxin, vice president of the China Textile Industry Federation, said in an interview with reporters on the 26th that with the increasing pace of opening up to the outside world, China's textile enterprises have taken advantage of new models such as power sharing and collaborative manufacturing to accelerate the integration of global industrial chains and build up new international competitive advantages. In 2018, we will strengthen docking with the countries along the "one belt along the way" and related areas, and promote the international capacity cooperation in the textile field, especially the construction of overseas cooperation zones.

　　Over the past year, China's textile industry has accelerated the formation of a new pattern of full-scale opening up, further expanded its scope, level, structure and layout, and gradually formed new advantages by "going out" to carry out investment and mergers and acquisitions in the areas of high-quality resources, advanced R&D capabilities and technology, and terminal channels in the upstream and downstream of the industrial chain.

　　Among them, more than 20 Chinese textile enterprises such as Sunshine and Wuxi have signed memorandums of investment cooperation or formal agreements with Ethiopia; Huafu colored textile and Yagor enterprises have invested more than 2.5 million spindles in cotton spinning in Vietnam; and many large-scale knitting and apparel enterprises have basically constructed the joint of close cooperation between domestic and Southeast Asian production capacity. In France, Italy and other countries and regions, China's textile enterprises are also speeding up the layout of fashion industry, through sharing to create higher value-added textiles.

　　Xu Yingxin said that since the establishment of the China Textile International Productivity Cooperation Enterprise Alliance in March this year, more and more textile enterprises have joined the alliance to reduce production costs by "going to sea" and jointly resist disorderly competition and promote docking and cooperation in high-quality projects of international production capacity. At present, the export of China's textile industry reaches 300 billion US dollars.

　　Next, the textile industry will be able to link up the global market with global resources, fostering a number of multinational manufacturing enterprises and fashion groups. China Textile International Productivity Cooperative Enterprise Alliance will build a smooth channel between domestic preferential financial resources and enterprises'overseas financing needs to help "go out".

　　At the 2018 National Conference on Industry and Information Technology held here, Miao Wei, Minister of Industry and Information Technology, said that the Ministry of Industry and Information Technology would strengthen international capacity cooperation in manufacturing, especially in textiles and building materials, promote the construction of overseas cooperative parks and properly deal with trade and investment frictions.

　　The Ministry of Industry and Information Technology will timely issue Guiding Opinions on the linkage layout of the textile industry at home and abroad, make clear specific support policies, encourage enterprises to build overseas raw material bases such as cotton and wool, and strengthen the building of local sales brands and channel development capacity in the target market.

　　(source: Xinhua)