At present, the global apparel manufacturing industry has undergone major changes, and China's textile manufacturing industry is also facing new opportunities and challenges. On the one hand, the world economy has accelerated its recovery since the beginning of this year, and the domestic economy has been steadily improving, creating a relatively good market demand environment, laying a good foundation for the export and domestic market of China's textile and garment industry. On the other hand, faced with the complicated international trade environment, the Chinese textile industry has also seen some new situations and new developments.

Sino-US trade friction has had a huge impact on the Chinese textile industry. In 2017, China’s exports to the United States accounted for 15.5% of total textile and apparel exports. With the uncertainty of the trade environment rising, tariff barriers will increase, and China's textile and garment industry, which is more dependent on exports, will inevitably be affected.


In addition, consumer preferences have also had a certain impact on the development of China's textile industry. In recent years, although the volume of textile e-commerce transactions has increased year by year, it has been weak.

Although Sino-US trade friction has caused no small challenge to China's textile industry, the volume and price of Chinese textile and apparel may be suppressed. However, the future development of China's textile industry is still worth looking forward to. Some analysts pointed out that Sino-US textile trade friction has been in existence for a long time. In the most difficult time, it did not block the development of China's textile industry, but accelerated the upgrading of China's textile industry. Faced with this situation, Chinese textile manufacturing enterprises should accelerate the pace of transformation and upgrading, become stronger and bigger, look at the general trend, continue to innovate, and enhance their ability to resist risks.


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