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China cotton textile industry transformation & upgrade development and outlook
¡ª¡ªMr. Ye Jianchun, from China Cotton Textile Association

2018-06-22 11:11:21
Mr. Ye Jianchun, from China Cotton Textile Association delivers his report of China cotton textile industry transformation & upgrade development and outlook 
 

Mr. Li divides his report into 4 parts. 

I. Market and operating environment have undergone profound changes. Under this chapter, 2 parts were introduced. 1. Enterprises¡¯ business situation develops steadily. Prices in China¡¯s cotton industry have fluctuated substantially since 2010. 2. Import and export features of cotton textiles. 

II. Significant achievements in transformation. 1. The raw material structure has undergone fundamental changes; 2. A new level of equipment. 

III. Future development trend of cotton textile industry. Yarn output stabilizes, cotton yarn capacity concentrates in key producers, differentiated yarn output lifts continuously, modest improvement in average yarn count, steady improvement in quality 


IV. Summary. Driven by the intensification of international competition and the influence of many domestic factors, China's spinning industry is actively seeking transformation. In just a few years, it has achieved equipment upgrades, product structure conversion, and the company has achieved differentiated development and diversified product competition. The situation has explored an unprecedented development path. However, the difficulties we face today still exist and the tests are getting harder and harder. How the whole industry will develop in the future requires practitioners¡¯ deep thinking and brave exploration to achieve breakthroughs. 
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