China’s textile and apparel exports are directly challenged by Southeast Asian countries

China’s textile exports are being severely challenged by these low-cost countries. For example, India and Indonesia are the third and ninth largest textile and clothing suppliers in the EU, respectively. The market share of the two countries has been reached, while in China, the cotton yarn exports in the mainland have declined year after year, and will be the first supplier status. The reason for this is that Pakistan’s labor costs are cheaper. It is estimated that some Chinese textile and garment exports are directly challenged by exports from Southeast Asian countries.

Weak links in technology and capital-intensive sectors will be affected. China's textile industry has a big gap in terms of production equipment, production technology, production technology, design capabilities, product development, operation management, etc., especially with technology, especially technology. Capital-intensive sectors are less competitive. For example, chemical fiber is a capital-intensive product, and the well has certain technical content and scale benefits. However, China's chemical fiber industry technology level and enterprise scale are not only lower than those of developed countries such as Japan, but also lower than South Korea and other countries, and obviously lack competitiveness. Another example is the technical content of pure fiber products in China, and Japan is, South Korea is.

As for the current equipment, the cotton spindle should be dismantled. Only when it reaches the level of the century, most of the products produced are low in value. It is estimated that the added value of China's textile exports is only equivalent to France and Italy. The Importance of Enterprise Grouping According to statistics, there are more than 10,000 Chinese textile manufacturers and more than 10,000 export companies, but few are truly internationally competitive.

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