A flood of overseas textile orders has flooded into China until May next year

release time:2020/10/15

A large number of overseas orders have been transferred to Chinese enterprises, with orders scheduled for next year

The epidemic situation overseas is still severe, and the textile industry in India, Sri Lanka and other countries has been hard hit, making delivery difficult. European and US retailers have shifted many orders originally made in India to China to ensure continued supply. Among the textile orders transferred from India to China, there are a large number of orders for towels, bed sheets and other products. According to the estimated data, the current order quantity has been scheduled to May 2021.

When the epidemic broke out in China earlier this year, some Indian media outlets argued that the outbreak could bring more foreign investment into India to reduce its reliance on the Chinese manufacturing market and replace Chinese-made goods. Yet India's hopes have been dashed, one by one, in textiles and infrastructure.

At the meeting yesterday, the Ministry of Commerce, director-general of the department of foreign trade Li Xinggan in media communication, to respond to the textile orders transferred to China, Li Xinggan pointed out that China is the world's largest textiles producer and exporter, labor-intensive products export advantage obviously, multinational companies on a global scale to adjust production orders, international buyers choose suppliers according to production capacity, this is normal market behavior. China was the first country to resume work and production, effectively guaranteeing supply on the international market and supporting the smooth operation of the international industrial and supply chains.

The textile industry stands in the air, and manufacturing upgrading is just around the corner

Miit said recently, as a whole to promote the textile industry at home and abroad to coordinate the layout and development, support for textile and garment enterprises to accelerate technological upgrading, and improve the level of automation, intelligence, support for textile and garment industry to the Midwest transfer, guide enterprises in order to carry out international cooperation capacity, promote the international cooperation with the domestic industrial upgrading the benign interaction, stable textile industry chain and supply chain optimization.

Alibaba, Huawei, Lenovo, Tencent and other tech giants have set out to accelerate the transformation of the clothing industry. Released after ali said when rhino manufacturing in clothing industry as a breakthrough point, sales of clothing industry in China has a 3 trillion scale, is one of the top three vertical industry consumer goods industry, and clothing industry (deep enough, fix the quotas for marketing business model of traditional produce cause huge waste, ali can give full play to the advantages for garment industry to promote industrial upgrading.

On the market, in fact, in addition to these giant of science and technology, some new technology company, has made achievements in the field of clothing intelligent manufacturing, such as underwear brand "蒛 one", through the large data and intelligent manufacturing, reshape the apparel supply chain, achieving high turnover, less inventory, and even near zero inventory. Heart dong technology was founded in 2018, with China textile information center to build a super precision 3 d digital material simulation technology for fabrics on digital technology, help enterprise quickly virtualization product display and zero cost, reduced were weavers and brands's research and development costs by 50% and 70% of marketing costs, shorten the delivery cycle of 90%.

Clothing export now inflection point, promotional activities + cold winter to boost clothing consumption

In the first half of the year, due to the impact of the epidemic, more than 80% of enterprises in the garment industry experienced a drop in revenue, seriously dragging down the prosperity of the industry. According to the Data from the Ministry of Industry and Information Technology, in August, the export volume of clothing increased by 3.23% compared with the same month last year, which was the first monthly positive growth after seven consecutive months of negative growth.

In September, the ministry of Commerce and the Central Radio, Film and Television Group organized the national "Consumption Promotion Month" in 2020 and the double holidays of the "11th National Day", which had a significant boost to the garment and textile industry. Subsequent "double 11", "12-12" and other promotional activities will continue to promote the consumption of textiles, clothing. In addition, the China Meteorological Administration (CMA) said on October 5 that a La Nina event -- a cold water phenomenon with a certain intensity and duration that occurs over a wide range of abnormally cold sea surface temperatures in the central and eastern Equatorial Pacific -- is expected to develop this winter. The extreme cold weather this winter has greatly stimulated the consumption of winter clothing.

Recently, upstream cotton, chemical fiber and other commodity prices, leading yarn prices with the rise. In addition, the fabric increase, dyeing factory explosion, the market frequently appeared a million meters large orders, mainly to cold clothing fabrics, such as bongbu, Nylon spinning, spring Asia spinning, T400, etc., OEM factory capacity utilization rate rose to 80%-95%. A fabric merchant said, "This year our sales of home textile products are more substantial than in previous years. The main reason is that the order quantity in the US market is relatively large and more supplies are provided to ikea, Wal-Mart and other large supermarkets."

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