The Sustainable Development Of Domestic Cotton Textile Industry Will Face Severe Challenges.

< p > 2013 China International Cotton Conference was held in Qingdao, Shandong.

Luo Lin, deputy director of the board of directors of the China Federation of supply and marketing cooperatives, said at the meeting that the impact of the international financial crisis, global a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > products and a target= "_blank" href= "//www.sjfzxm.com/" > clothing > trade > declined significantly, market demand reduced and the cotton market was depressed. The sustainable development of the whole cotton textile industry will face severe challenges.

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< p > 2013 China International Cotton Conference was held on 6-7 June in Qingdao, Shandong.

The China International Cotton Conference is held every two years. This year is the eighth session.

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Luo Lin, deputy director of the China national supply and Marketing Cooperative Council, recently said at the Eighth China International Cotton Conference that the world economic growth continued to be depressed by the international financial crisis, and the demand of the main economies was insufficient, and the global textile and clothing trade declined significantly.

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< p > China is a major producer and consumer of cotton and a big exporter of textiles and clothing. This year, the situation of cotton textile is still not optimistic.

Although the number of cotton growing areas in the world's main producing countries has been reduced and the situation of oversupply has improved, China's textile and clothing exports have also resumed growth.

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< p > however, the environment where demand is insufficient has not changed. The constraints such as RMB exchange rate appreciation, labor cost rising, and small and medium-sized enterprises' financial difficulties still exist.

If the cotton market continues to slump, the sustainable development of the whole cotton textile industry will face severe challenges.

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< p > in the face of the plight of the current cotton industry development, the supply and marketing cooperative system cotton enterprises should actively enter the market to purchase cotton, serve the national cotton market macro regulation and control at the same time, accelerate the pace of their pformation and upgrading, and lead the whole industry to enhance the market competitiveness and overall development level.

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