Textile Enterprises Start From Themselves To Adapt To The Dual Cycle Development

 

The theme of round table 1 is "resource allocation needs of cotton textile industry under the background of double cycle". The host is Lu Jie, chairman of Shanghai Tianyi Trading Co., Ltd. The following are the views of different guests arranged according to the contents of the meeting for your reference.

 

Lei Zhaohui, deputy general manager of Hebei Shengyuan Textile Co., Ltd.: double circulation is a double cycle with domestic circulation as the main body. A few years ago, the state proposed the supply side reform, but now some experts and scholars have put forward the demand side reform. To guide supply with demand, and form a new demand system. At present, young people are not particularly interested in pursuing foreign brands. Domestic first-line brands play a leading role in domestic demand. So I feel that I can adapt to this dual cycle trend and share it with you at three levels.

 

The first level is from the national level, we still need to continue to lead the culture, enhance the national self-confidence and pride of our people, and wearing domestic brands is also a very fashionable state.

 

Second, from the perspective of the industry, a lot of work can be done. Some customers are doing the tracing of Australian cotton and American cotton. At the industry level, they can also trace Xinjiang cotton, which is suitable for national brands and advocates Chinese consumers to use Chinese cotton.

 

The third is innovation. As an enterprise, the core is to speed up innovation and let consumers really recognize our products through innovation, which fundamentally solves the problem of internal circulation or domestic demand.

 

On joining RCEP, first of all, I judge that after joining RCEP, the overall advantages outweigh the disadvantages. Second, our resource allocation will also change greatly, including raw materials and market resources. Third, if an enterprise has the conditions, it should make a global layout, and the open system is more suitable for the development of an enterprise.

 

As for the Xinjiang related bill, according to the calculation of China cotton information network, the real impact on Xinjiang cotton quantity is only 500000 tons. In fact, it will not have a fundamental impact on the entire product layout. In addition, as mentioned just now, we will expand the demand more and expand our demand in the "belt and road" countries, which will not cause a fundamental blow to Xinjiang's cotton industry.