Sun Ruizhe: The development of the industry is facing new trends and requires new responses
The past year has been an extraordinary year. This year has experienced the unprecedented impact of the COVID-19 epidemic and the profound impact of geopolitics. The world economy has continued to be sluggish, and various risks and challenges have far exceeded expectations. This year, changes in the world, the times, and history unfolded in an unprecedented way. In the face of risks and challenges, under the correct leadership of the Party Central Committee, China’s textile industry has overcome many difficulties and turned around with resilience, patience, determination and decisiveness. It has survived the most difficult moments and ushered in the challenge of fighting the epidemic and recovering the economy. A major shift.
What characteristics will global textile development show in 2022? What opportunities and challenges will global textile development face in 2023? To this end, we interviewed Sun Ruizhe, Chairman of the International Federation of Textile Manufacturers and Chairman of the ChinaTextile Industry Federation.
China Textile: Currently, global economic development is encountering many difficulties and also facing many opportunities. What do you think of the status quo and characteristics of global textile development in 2022? How do you view the global textile development opportunities in 2023?
Sun Ruizhe: In 2022, the global textile industry has experienced a very difficult year. The development of the industry is under pressure and exhibits three characteristics.
The first is fluctuation. Geopolitical conflicts continue to deepen, which has a real impact on the original division of labor system. Energy prices, exchange rate prices, cotton and other raw material prices have fluctuated, and the stability of industrial and supply chains has been affected.
The second is differentiation. The continued economic downturn and the widening gap between the rich and poor around the world have frustrated income capacity and consumer confidence. The mid- to low-end consumer market has shrunk significantly, and market differentiation has continued to intensify.
The third is resilience. As a global people’s livelihood industry, the textile industry has shown resilience amid uncertainty, especially in some emerging economies. The industry has demonstrated its value in ensuring people’s livelihood, promoting cooperation, and promoting development.
The world economic recovery will still be weak in 2023. The International Monetary Fund predicts that one-third of economies will be in recession this year. Recently, discriminatory epidemic prevention measures in some countries and the tendency to politicize economic issues have increased industry uncertainty.
But there are also opportunities in the crisis. The industry needs to actively seize the opportunities of intensive development in the economic downturn, seize the opportunities of diversified layout in the adjustment of industrial structure, seize the opportunities of transformation and upgrading in the process of technological iteration, Transform stress into motivation. In particular, we must grasp the trend of integrated innovation. Breaking boundaries, taking the direction of all things being woven, focusing on application innovation that connects needs; advancing systemically, taking intelligence and efficiency as the direction, focusing on digital innovation of information connection; shaping the future, taking responsible development as the direction, focusing on green innovation that connects ideas; being inclusive and inclusive , with the direction of sharing beauty and beauty, focusing on design innovation of cultural connection. It is necessary to promote the dissolution of industrial boundaries and the recombination of resource elements in innovation, and build the value height and safety boundary of industrial development.
China Textile: What do you think of the opportunities and challenges for the development of China’s textile industry in 2023?
Sun Ruizhe: In 2023, my country’s development will enter a period when strategic opportunities and risks and challenges coexist, and uncertain and unpredictable factors will increase. Demand will shrink, supply shocks will weaken, and expectations will weaken. The actual pressure on industry development is still great. Making progress while maintaining stability is an important goal for industry development.
The 20th National Congress of the Communist Party of China drew up a grand blueprint for comprehensively promoting the great rejuvenation of the Chinese nation through Chinese-style modernization. The development of the industry is in a new situation and a new atmosphere.
In the process of promoting modernization with a huge population, population advantage is accelerating its transformation into development advantage and market advantage, becoming a huge potential for industrial development;
In the process of promoting common prosperity for all people in the modernization process, the continued narrowing of urban-rural differences, industrial and agricultural differences, and regional differences have become a broad space for industrial development;
In the process of promoting modernization that coordinates material civilization and spiritual civilization, the continuously consolidated material and technological foundation and the continuously established cultural self-confidence have become a strong support for industrial development;
In the process of promoting the modernization of harmonious coexistence between man and nature, the in-depth promotion of green development and responsible construction have become the future advantages of sustainable industrial development;
In the process of promoting modernization on the path of peaceful development, deeply open industrial rules and effectively connected internal and external circulation have become a new pattern of industrial development.
As epidemic prevention and control enters a new stage, market vitality is being stimulated and released. Stabilizing growth, promoting consumption, and expanding domestic demand have become the general trend and common choices. The country has intensively introduced policies and measures to support economic development, creating an east wind for rapid economic recovery. Facing the future, the textile industry must seize opportunities, respond to challenges, be realistic and pragmatic, and inject strength into Chinese-style modernization with the industry’s highquality development.
China Textile: What do you think of the progress China’s textile industry has made in the past 20 years? What role do you think China’s textiles have played in the world over the past 20 years?
Sun Ruizhe: In the past 20 years since joining the WTO, the textile industry has adhered to the development path of Chinese-style modernization.��Taking marketization and openness as the direction, integrating into the world, serving the world, and achieving its own leap-forward development in creating a better life for mankind. In 2001, my country’s textile and clothing exports were US$54.32 billion. In 2022, despite the impact of the epidemic and the impact of geopolitics, the industry’s total exports reached US$323.345 billion, setting a new record high. . The industry has achieved a qualitative leap while maintaining its scale advantage.
The first is intensification. A number of world-class textile and apparel companies, brands and industrial clusters have emerged and become an indispensable part of the global supply chain.
The second is innovation. From material innovation, process innovation to equipment innovation, industry innovation has entered the coexistence stage of “following, running alongside, and leading” from “following, running alongside, and running alongside”.
The third is responsibility. The formation of a green, low-carbon and cyclic textile industry system is accelerating, social responsibility construction continues to deepen, and sustainable development capabilities continue to increase.
The fourth is fashion. In open cooperation, the fashion influence of Chinese textiles in the world continues to increase, and Chinese designs, Chinese brands, and Chinese platforms are winning global recognition and respect.
Since joining the WTO 20 years ago, China’s textile industry has demonstrated the value of textiles and China’s responsibility with high-quality development and open cooperation.
The industry is an important force in creating a better life for people around the world. From meeting material needs to meeting spiritual needs, from promoting consumption upgrading to promoting industrial upgrading, every detail affects the warmth and warmth of the world and promotes the improvement of people’s livelihood. The supply of masks during the epidemic is a good proof.
The industry is an important force supporting the stability of the global textile industry chain. With a complete industrial system, strong manufacturing capabilities, and active innovation practices, China’s textile development strongly supports the smooth operation of the global textile industry.
Industry is an important force in promoting the construction of a community with a shared future for mankind. The industry is an important area of South-South and North-South cooperation and an important support for the protection of human rights. Industrial development drives the solution of poverty, employment and other livelihood issues.
In the new era, China’s textile industry is moving towards becoming “the main driver of the world’s textile technology, an important leader of global fashion, and a powerful promoter of sustainable development.”
China Textile: How to predict the development trend of my country’s and global textiles in 2023? In order to cater to the future development trends of the world, what other aspects of my country’s textile industry need to be strengthened?
Sun Ruizhe: A century of changes have evolved in depth with unprecedented intensity, and the characteristics of turbulent change have become more prominent. China’s textile development is facing new trends and requires new responses.
First, in the adjustment of the industrial structure, safety and stability must be coordinated. The global textile industry chain and supply chain are increasingly characterized by localization, regionalization, and diversification. We must adapt to changes in the global industrial division of labor and accelerate the construction of a closer, more efficient, mutually beneficial and win-win industrial cooperation system. Consolidate the core position of the manufacturing link and prevent the hollowing out of the industry.
Second, in upgrading the industrial structure, we must focus on factors and innovation. The limitation and scarcity of resources determine that improving total factor productivity is the only way to achieve high-quality development. The industry must strengthen the power of technological innovation, grasp the trend of integrated innovation, release the value of design innovation, and continuously improve the basic capabilities of the industry and the modernization level of the industrial chain.
Third, in the transition of industrial value, we must pay attention to green and human rights. Complying with the general trend of sustainable development, responding to global climate change, and promoting the all-round development of people are the value orientation of the industry. The industry must integrate concepts and practices, balance reality and the future, put people first, develop inclusively, and promote the unification of economic benefits, ecological benefits, and social benefits.
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