Foshan Textile Industry Moves into the Electricity Market

Foshan textile industry ushered in the first Internet platform for SMEs. On June 13, Foshan China Textile Interconnected Platform was officially launched. This platform is for small and medium-sized enterprises in the Foshan textile and apparel industry, aiming to create an internet platform for upstream and downstream procurement, information connection, and terminal sales in the industrial chain.

It is reported that the platform will start investment promotion from now onwards, in addition to creating a platform for helping Foshan textile and garment industry to purchase and communicate internally, and more importantly, hopes to help Foshan enterprises to better enter the e-commerce market.

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According to Wu Haoliang, vice chairman of Foshan Textile and Apparel Industry Association, in recent years, Foshan's textile and garment industry is facing difficulties in transformation and upgrading. Faced with rising prices of land, labor and other factors, some enterprises have shifted to other places or even Southeast Asian countries, but some companies are particularly large. Enterprises through cross-border e-commerce efforts to open up overseas markets, directly led to a substantial increase in exports of the entire industry, which in 2015 increased by 15% year-on-year, last year was an increase of 18.95%, far higher than the national and provincial export growth.

According to public statistics, China's total textile and apparel exports fell by 1.7% in 2016, of which textile exports increased by 1.9% year-on-year, apparel exports fell by 3.9% year-on-year, and Guangdong's garment exports fell by 3.58% year-on-year.

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However, Wu Haoliang believes that this year's export growth rate will be relatively stable, may fall back to 67% increase, an important reason is that the small and medium-sized textile and clothing companies have weak e-commerce capabilities. “A lot of them have not yet reached the net and have no strength. Or do not understand, less channels."

On the day of the event, the “One Belt and One Road” consultation, co-construction, sharing, and promotion project advisor Dong Xukun believed that most SMEs are looking for opportunities through several large-scale integrated e-commerce platforms in China, but because they belong to a comprehensive e-commerce platform, there are many categories. It is difficult to personalize services and it is difficult to directly assist many SMEs.

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Wu Haoliang said that currently there are not many specialized e-commerce platforms for domestic textile and garments. Therefore, it is hoped that by organizing such activities, the professional textile and apparel internet e-commerce platform will serve these small and medium enterprises in Foshan to enhance and motivate them to rapidly enhance e-commerce service capabilities. Through this platform to integrate industry resources and serve the industry transformation.

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