China’s Textile and Apparel · 2020. 10. 22. · China Customs Figures. 01-09 2020. Export *...

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China’s Textile and Apparel Industry To the World: We Are Open and Together

ONERecent developments in

the opening-up of China’s textile and apparel

industry

TWOOpening-up measures of China’s textile and

apparel industry

THREEChina and the world- concerted action for common development

Recent Developments In the Opening-up of China’s Textile and Apparel Industry

Part

One

1. Foreign Trade

Positive growth of exports reflecting the industry flexibility

Rapid growth of masks export contributing to the global fight against the pandemic

Garments export facing pressures but showing some improvements

China Customs Figures

01-09 2020

Export* Growth Company three

Total export of China’stextile & apparel industry

The export of textile products

The export of apparel products

215.8

118

97.8

+9.4%

+33.7%

-10.3%

*Billion Dollars

As is known, the year 2020 is quite special. The COVID-19 pandemic hit hardthe global textile and apparel business. China is the first to be affected.

-17,8

6,5

-20

-15

-10

-5

0

5

10

JAN FEB MAR APR MAY JU N JU L AU G SEP

1. Foreign Trade

Positive growth of exports reflecting the industry resilience

Rapid growth of masks export contributing to the global fight against the pandemic

Garments export facing pressures but showing some improvements

Add The Title

151.5Billion

1.4Billion

38.85Billion Dollars

1. Foreign Trade

Positive growth of exports reflecting the industry resilience

Rapid growth of masks export contributing to the global fight against the pandemic

Garments export facing pressures but showing some improvements

Affected by the pandemic, the world terminal market demand is declining. Consequently, global imports and exports of apparel products are shrinking.

1-6 2020CHN EXP.

-19.4%

Since 7 2020EU & USA IMP.

8.9 2020CHN EXP.3.2 & 6.5%

1-7 2020CHN IMP.

-6.5%

1-8 2020USA IMP.-24.4%

1-8 2020EU & JPN IMP.

-15%

1-8 2020USA IMP.-33.1%

(Accessories & Footwear)

2. Improved Environment to Attract Foreign Investment

Structure optimization

Policy optimization

Business Environment optimization

The World Bank

Doing Business 2020

2018 2019 2018 2019

77.9 Points

No.46

No.31

MOFCOM Figures

2019+31.87%

2019+5.05%

2019-28.47%

2019+367.89%

1295 Million Dollars

Overseas investment of China’s textile

and apparel industry

Textiles

Clothing

Man-made fiber

472 Million Dollars

Overseas investment of China’s textile

and apparel industry

3. Steady Development in Overseas Investment

1-6 2020-42.4%

1-6 2020-15.6%

China’s overall manufacturing

industry

3. Steady Development in Overseas Investment

Greenland investment

Overseas direct investment and M&A

Opening-up Measuresof China’s Textile andApparel Industry

Part Two

1. To Promote High Quality Trade Development

To promote balanced development of imports and exports, of two-way trade and investment, and of trade and industry

To accelerate the establishment of a “dual circulation”development pattern

2. To Deepen Bilateral and Multilateral Cooperation for Jointly Building the “Belt and Road”

To push forward the signing of FTAs

To facilitate textile supply chain cooperation in areas such as the Lancang-Mekong sub-region, Africa and Central Asia

3. To Improve Platforms for Further Opening-up

Domestic and international exhibitions

China textile go global union

Industrial clusters for a new height of openness

4. To Participate In the Global Textile Economic Governance and Promote Regional and Sub-regional Cooperation

To encourage the multilateral cooperation mechanism

To drive responsible and sustainable development

China and the World -Concerted Actionfor Common DevelopmentPa

rt Th

ree

We should pursue open and inclusive development and strengthen connectivity cooperation in the fields of technology, investment, trade, markets, supply chain, sustainability…for the common prosperity of the world textile industry.

China and the World - Concerted Actionfor Common Development

Thank You

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