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As a main body in the global textile industry, China's textile industry is fully developed in Asia and relevant industry chains are well developed. However, due to a series of development pains in China, such as economic slowdown, structural transformation, the increase in labor prices, the fluctuations of raw material prices etc, China's textile industry is standing at the crossroads of future development opportunities while faced with challenges. Under the strong environment where South Asia leads the Asia-Pacific economic growth, the development of textile and garment industry in Southeast Asian countries is also very remarkable. Although also troubled by the decree about the minimum wage, potential safety hazards in production, infrastructure construction and other problems, Southeast Asian countries have attracted more and more international brands to participate in procurement. At the same time, African countries like Ethiopia is attracting much attention as emerging market. The potential new U.S. trade policies will also influence the China and Asia textile industry.
How to build Chinese brands in line with the international practices, how to upgrade the industry based on the current hot issues, the trends of China’s current supply chain and procurement market as well as emerging market and U.S trade policies will be discussed in this forum.