Opinion: The lack of demand in the textile industry is the crux of the industry

It is necessary to focus on solving problems from stimulating consumption, especially in the mid- to long-term development of rural consumer markets. At present, “home appliances to the countryside” can be used to “textile to the countryside”. Instead of using hundreds of millions of yuan to raise export tax rebates, it might be better to send textiles to the countryside, and the effect may be better. "He said.

Because China's textile industry has a series of inherent defects such as low industrial concentration, low overall technical level, and high cost, many industry experts are not optimistic about the textile industry revitalization plan that will be introduced in the near future.

“The main problem facing the entire industry is that the demand is shrinking, and the introduction of a revitalization policy cannot create demand. It can only reduce the burden on the company, and the core contradictions can't be resolved. It can only be a temporary solution. The industry's operating situation will not be due to the increase in export tax rebates, etc. How much has changed in the introduction of inclusive policy," said Wang Qiang, chief editor of First Textile Network.

Regarding the five major policy directions mentioned by the China Textile Federation, Wang Qianjin believes that it is difficult for the policy to directly and promptly stimulate exports and stimulate the rapid recovery of the textile economy. The main competitors of China's textile export enterprises are not in foreign countries, but in their home countries, and China's textile products developed countries do not produce.

The policy of burden reduction, such as raising export tax rebates, only allows exporting companies to have more room for price reductions, and cannot create external demand. The implementation of the revitalization plan for the textile industry is also not a "sunshine" for all companies, but it is still conducive to the development of a few dominant companies and will not reverse the general trend of industrial recession.

For the cure of the problem, he believes that, first of all, it must be made clear that some companies must be eliminated. No matter what kind of support, there is no group of companies eliminated, and the new supply balance cannot be maintained. Second, we must focus on solving problems from stimulating consumption, especially in the mid- to long-term exploration of the rural consumer market. At present, “home appliances to the countryside” can be used to “textiles go to the countryside”. Instead of using hundreds of millions of yuan to raise export tax rebates, it might be better to send textiles to the countryside, and the effect may be better. "He said.