Accelerate the “internal and external dual circulation” and build a new development pattern of the textile industry
The world is undergoing major changes that have not been seen in a century. The technological revolution led by the fourth industrial revolution has changed the order of the global landscape. The combination of multiple cyclical factors such as the long wave of economic growth and the financial crisis has brought about huge Uncertainty, imbalance, insufficiency, contradictions and paradoxes have become the hallmarks of today’s era.
Western countries, led by the United States, have used their own selfish interests to destroy the multilateral free trade system built since the establishment of the WTO, implement trade protectionism, erect barriers, cut off the global supply chain with bullying sanctions, engage in economic decoupling, and destroy the worldThe coordinated cooperation of scientific and technological innovation has made the world economy, which was already in depression, weak to recover. The global textile industry network has been destroyed, the diversified and integrated textile trade has been artificially fragmented, and the global economy Orderly circulation is blocked.
In 2020, the COVID-19 epidemic broke out across the world, shutting down the fragile global economy and exacerbating the recession. China, which has been highly integrated into the global economic and trade system, cannot remain alone. China’s textile industry is facing unprecedented challenges.
Facing the complex situation, the Standing Committee of the Political Bureau of the CPC Central Committee in May last year proposed the “dual circulation” meeting to give full play to my country’s ultra-large market advantages and domestic demand potential, promote domestic and international dual circulation, and respond to complex world changes.
01 The “dual cycle” response strategy has achieved remarkable results
The “dual cycle” has been proposed for more than a year, taking meeting domestic demand as the starting point and goal of development, creating a new pattern of mutual promotion between domestic and foreign countries, rapidly boosting economic growth, and completing comprehensive relief from difficulties while effectively coping with economic difficulties. Great achievements and help the global fight against the epidemic and the recovery of the world economy.
“Double circulation” reflects determination and resilience
Based on the large domestic market, China has steadily resumed economic opening and operation under the premise of effectively controlling the epidemic, promoted consumer demand, stabilized basic people’s livelihood and ensured anti-epidemic needs, which reflects the determination and resilience of China’s economy.
In 2020, the GDP exceeded 100 trillion yuan, a year-on-year increase of 2.3%, and the total value of imports and exports of goods trade was 32.16 trillion yuan, an increase of 1.9% compared with 2019. %. Among them, my country’s imports and exports to countries along the “One Belt, One Road” were 9.37 trillion yuan, an increase of 1%. Amid the epidemic, my country’s trade with countries along the “Belt and Road” has maintained steady growth, and even experienced rapid growth for some countries. In 2020, a total of 12,400 China-Europe freight trains were operated, a year-on-year increase of 50%. China’s textile and clothing exports totaled US$291.22 billion, a year-on-year increase of 9.6%, driving the country’s overall exports of goods trade to increase by 1 percentage point. Among them, textile exports have grown for nine consecutive months since April, and clothing exports have reversed since August, growing for five consecutive months. In 2020, my country exported a total of US$153.84 billion in textiles, a year-on-year increase of 29.2%; of which the export volume of masks accounted for approximately 35%, which has strongly supported the global fight against the epidemic, technical textiles and epidemic prevention. Functional clothing has become a new bright spot in the textile industry.
“Double circulation” activates power and vitality
The dual cycle has “supercharged” China’s economy and activated industrial vitality. Textile companies have stimulated employee enthusiasm and development potential through management innovation. And use ICT technologies such as the Internet of Things, artificial intelligence, industrial cloud, and big data to empower traditional manufacturing industries, use new media, new retail, digital logistics, etc. to overcome the physical obstacles caused by the epidemic and accelerate the speed of textile production, consumption and market circulation. The rapid growth of live streaming has changed lifestyles and spurred innovative growth in industries such as tourism, cultural creation, health and outdoor leisure, and sports textiles and clothing.
“Double circulation” promotes cohesion and constant development
The epidemic has severely blocked circulation, but it has promoted domestic and foreign economic coordination, industrial integration and corporate cohesion, highlighting the importance of openness and inclusiveness. Since the epidemic, the scale of the “China Import Expo” has not decreased but has increased. The “Consumer Expo” not only promotes consumption, but also promotes transactions in domestic and foreign industrial markets, drives the supply side, and develops new channels for dual circulation. In 2020, China’s imports of consumer goods reached 1.57 trillion yuan, a year-on-year increase of 8.2%, which was 8.9 percentage points higher than the overall import growth rate in the same period; accounting for 11% of the import value, compared with It increased by about 1 percentage point last year. In the first quarter of 2021, the import and export freight volume of the Horgos Railway Port reached 1.5155 million tons, a year-on-year increase of 128%. Leveraging the “dual cycle”, a number of industrial sectors, companies and brands have grown despite the difficulties.
02 In-depth understanding of “dual circulation”
Realization of “double cycle” with China Textile
When the “dual cycle” was first proposed, it was intended to respond to the unprecedented challenges of the international environment and the difficult situation of the outbreak of the new coronavirus, the recurrence of the epidemic and the turbulence of international politics, especially the bottomless slander of China by politicians in the United States and other Western countries. The suppression shows that this is a historic phenomenon of great changes in the world and will last for a long time. The “double cycle” is by no means a stopgap measure. “Dual circulation” will be the strategic thinking for post-epidemic China to achieve sustainable highquality development and maintain a healthy world economic pattern. It is also the key to building the economic destiny of mankind.In turn, it creates new needs, new scenarios and new markets for dual-cycle open source. iABCD (Internet of Things, Artificial Intelligence, Blockchain and Big Data) has created new platforms, new channels, and new business formats. Breaking through the limitations of the textile industry, creating new circulation channels and accelerating circulation speed and efficiency.
“Dual cycle” led by sustainable development
The “dual cycle” based on the corporate social responsibility (CSR) circular economy under green, low-carbon and fair competition conditions is efficient, high-quality and sustainable.
Through green textiles, sustainable fashion, low-carbon and low-emission clean production and circular economy, China Textile has solved the dilemma of development and survival, constantly opened up new space for the sustainable development of green textiles, and let the source of wealth flow.
Over the past thirty years, China Textile has made great progress in decent work and corporate social responsibility, stimulating the enthusiasm of workers, protecting the interests of all relevant parties, eliminating friction and obstacles in the supply chain, and improving its external performance. Create an industrial ecosystem of fair competition and win-win cooperation in investment and trade, and promote the global cycle.
China’s textile progress and achievements in clean production, green supply chain and sustainable fashion have countered all slanders, rumors and shameless remarks, and shattered the conspiracy to block China’s textile development and alienate global textile cooperation. China will promote the Chinese standards of “good factories”, “good cotton” and “good brands” and build a responsible, high-quality and sustainable Chinese textile industry.
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