Facing unprecedented economic difficulties, China Textile Industry Orders flow to Vietnam, India...

Описание к видео Facing unprecedented economic difficulties, China Textile Industry Orders flow to Vietnam, India...

China's textile and apparel industry is not only highly labor-intensive but also heavily dependent on foreign countries. This industry is crucial to ensuring China's foreign exchange reserves and solving employment problems in society.
The scale of China's textile industry is the largest in the world, with annual fiber production alone accounting for more than 50% of global output; textile and apparel exports amount to US$316 billion, accounting for more than one-third of total global exports.
Now with a large number of orders moving out of China, the textile and apparel industry in China is experiencing unprecedented challenges in more than 20 years.

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