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China’s textile industry is faced with various unprecedented challenges in the context of the complex challenges of the world economy, the profound evolution of the global industrial structure, and the accelerated transformation and upgrading of China’s economy, while ushering in more opportunities for development. Along with the firm and further promotion of national Belt and Road Initiative and the international capacity cooperation strategy, China’s textile industry is stepping up to a new stage to accelerate the global layout.
2017 China Textile Go Global Conference organized by China National Textile and Apparel Council is to be held in Nanjing, Jiangsu Province on September 7th, which will be the third session after the successful “Go Global” activities in the textile industry in 2013 and 2015.
Themed on “Rooted in China Eyes on the World”, the Conference aims to collect the wisdom of the industry and gather the power of the industry, for the related department of the National Development and Reform Commission, the Ministry of Commerce and the Ministry of Industry and Information Technology of the People’s Republic of China, the backbone enterprises of the textile industry, domestic and foreign think tanks, industry organizations and other representatives will come together to build consensus on the new situation of textile industry, making in-depth discussion and exchanges in terms of the sound interaction between the industry’s domestic transformation and upgrading and the global layout under the Belt and Road Initiative.
Over the past two years, China’s textile industry accelerated its pace to “Go Global”. In particular, in 2016, the industry’s direct outward investment saw a record high. On the one hand, the backbone enterprises of the industry realized the internationalization of the productive forces and the supply chain through the active greenfield investment. On the other hand, they were actively engaged in the cross-border in-depth cooperation and control of high-quality resources such as raw materials, brands, channels and R&D, trying to be embedded in the world textile industrial chain at a higher level in order for new international competitive advantages. Shandong Ruyi Group and Jiangsu Tianyuan Garment Co., Ltd., as the leading and emerging representatives in the “Go Global” activities in the industry, will share their valuable experiences in the international investment layout strategy and intelligent production.
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