Britain will provide opportunities for Chinese textiles

Due to the global financial crisis, foreign demand for Chinese textiles has decreased. But a delegation led by the China Textile Industry Association discovered opportunities existed in the UK when developing the market.
The group was invited by the European Textile Association to develop the clothing market. Demand for Chinese textile products has decreased due to the economic recession, but Chinese textile companies can use past experience and their own quality and cost advantages to enter Europe.
China is the world’s largest textile producer and the world’s largest textile exporter. At the same time, China itself is still a high-consumption market, but China lacks local brand-name products. Industry insiders believe that the current financial crisis will prove to be an opportunity for China to restructure its textile industry.
Du Yuzhou, president of the China Textile Industry Association, said that the quality of China’s textile industry is good and compared with developed countries, China’s textile industry is more cost-effective. The innovation, cost advantage and industry opening of the textile industry provide opportunities for the textile industry to adjust the sector.
In order to expand the international market share of local brands, many domestic clothing manufacturers have merged with foreign brands and entered the global industrial chain. China’s textile industry is confident in bringing local clothing brands into the UK.