China's textile industry is facing six major changes in the international competition more intense

First, the competition is fierce, the market downturn. Under the background of the global demand downturn, the traditional advantages of developed countries in Europe and the United States and India, Vietnam and other emerging countries, the rapid development of the textile industry, the international competition is more intense.

Followed by the procurement pattern gradually dispersed. In recent years, China in the United States, Japan and Europe three market share continued to decline, the international procurement decentralization trend began to appear.

Three is the global dividend has been reduced. Globalization bonus is being diluted with the rapid increase in regional trade agreements.

Four is China's domestic market has changed. Market demand has begun to experience the transition from the focus of attention to the product, from the urban market to the town market sink.

Five is the rapid rise of the network economy. China's huge network economy for the textile industry to provide a market potential and innovation platform, to share the new model of the economy and other industries, new formats are emerging.

Finally is the market potential to enhance. The general promotion of residents' income, the continuous deepening of the urbanization process and the rapid rise of the middle and high income groups have brought great potential for the development of China's textile industry.

China Textile Industry Association stressed that the future should be the first power to lead the development of the industry as a whole, the overall commitment to structural adjustment, technological innovation, green development and industry growth.