Frbiz Reprinted The Future Of Textile Industry In Jiangsu Province

By: Christina Xia


The traditional textile and apparel industry is in embarrassment when the macro economic environment has changed. The textile enterprises have to face lots of pressure and puzzle, but they are still confident with the future.
The textile and apparel industry has been in dilemma since this year. Textile information from Frbiz.com shows that the export of textile and apparel only increased about 10% in the first seven month, which is lower 10% than the same period of last year. More than 70,000 apparel companies have closed because of the downbeat Demand and raising cost of raw materials. About 40% textile enterprises can?t is in the danger of bankrupt.
How to break through the embarrassment? Innovation is the only choice. It includes the idea innovation, brand innovation, product innovation and market innovation.
Experts think customers have the right to choose their own favorite garment accessories. A manager from Jiangsu said they will build their own cotton factory and extend the quality and improve the quantity of their products because of the high cost of labour force and raw materials, the rmb appreciation and clients? low market price. If they have their own cotton factory, they can provide the about 30% raw materials for themselves and they can better adapt to the market. They can raise the price about 30% to 50% after improving the quantity.
Some companies try to adjust the products?construction and change the crisis to chance. Experts think the main problem of Jiangsu textile and apparel industry is that they have no typical brands, especially the fashionable brands. The core strategy of brand development is innovation. The textile industry has to make innovation in design, marketing management, production process, market and so on. They have to improve the competitiveness by the brand.
About Frbiz.com Frbiz.com is a promising e-commerce company and a leading vertical search engine company in China. We provide an efficient, trusted search engine platform connecting small and medium-sized buyers and suppliers around the world. Our product search engine database includes more than ten million products and our community (Trade Post) has published more than 1.2 million buying leads.

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I am a professional editor from www.frbiz.com/, and my work is to promote a free online trade platform. www.frbiz.com/ contain a great deal of information about cocoon bobbin,red drinking glasses,Melamine Serving Tray, welcome to visit!

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