How Can Chinese Textile Enterprises Cope With The Coming Of TPP? Faster And Better "Going Out"

October 14th, from China

The "China's textile industry" going out "exchange conference" sponsored by the Federation of industry

The world trade mall is held.

The conference gathered various international strategic experts and executives of textile enterprises with deep practice in "going out", and discussed how Chinese textile enterprises should deal with the arrival of TPP and how to "go out" faster and better.

In October 5th, the 12 countries such as the United States reached the p Pacific Partnership Agreement.

Although the basic agreement needs to be approved by the legislature of various countries, a rudiment of a huge economic circle aimed at formulating new trade rules will have a profound impact on the existing global trade system.

Some analysts pointed out that once China's "absent" TPP enters the stage of substantive implementation, it will have a huge trade discrimination and trade diversion effect on China, which will have a negative impact on China's economy, especially in part of China's labor-intensive industries.

However, even without TPP's pursuit, with the disappearance of China's demographic dividend and the pformation and upgrading of China's labor intensive industries, "going out" has become a general trend. Only under the background of the TPP army's "going global", the topic of "going global" will become more urgent and meaningful.

In the morning session of the theme meeting, the leaders of the conference carefully explained the textile layout of "one belt and one road" from the respective angles. The Ministry of industry and consumer goods industry and the Ministry of foreign investment and economic cooperation of the Ministry of Commerce will deliver a speech respectively, explaining the prospect of "one belt and one way" strategy and international production capacity cooperation; President Wang Tiankai of the China Textile Industry Federation delivered a keynote speech, from the perspective of industry, deeply analyzed the textile opportunities brought by "one belt and one road", and pointed out the confusion for the global layout of Chinese textile enterprises.

"Go to" demonstration enterprises to share various overseas channels, including Qiu Yafu, chairman of Shandong Ruyi Technology Group Co., Ltd., which has 13 brand garment manufacturing enterprises abroad, and Tong Jisheng, chairman of the Shanghai textile (Group) Co., Ltd., which is widely concerned by the international strategy of "5+1", is famous for its strategy of "cross the river across the sea". Xu Weimin, chairman of Jiangsu Dudu Textile Group Co., Ltd., which has set up 12 overseas (sole proprietorship, cooperative) factories abroad, is Liu Zibin, general manager of Rutai group, a high specification factory in Vietnam, Kampuchea and Burma. Zhao Huanchen, chairman of the Shandong Dai Yin textile and Garment Group in Malaysia, is Zhao Huanchen, vice president of Jinsheng Group, which has caused a sensation in the industry. In the international exchange of enterprises, a group of "go out"

In the afternoon's focus, the conference held a thematic discussion on the two hotspots of "investment status and potential of Vietnam and Southeast Asian countries", "the international cooperation and financial support of" one belt and one road ", especially focusing on the impact of TPP on the pfer of industrial chain to Vietnam, the current investment situation in Vietnam and the potential investment potential in the next 5-10 years, the pfer and investment prospects of Vietnam and other ASEAN countries in the middle links.

In addition, in view of the pain of private enterprises' "going out" funds, this conference also invited the heads of financial institutions such as the National Development Bank Planning Bureau and ICBC investment bank to communicate deeply, and explored how to leverage the advantage of state capital to promote international textile production capacity, and how policy banks and commercial banks could provide financial support for overseas mergers and acquisitions of textile enterprises, as well as financing experience of overseas green investment and cross-border mergers and acquisitions.