International Apparel Market: Participation In Building Global Industrial Chains

The fifth "China Japan Korea Japan fiber industry cooperation conference" was held in Shenzhen.

According to media reports, the conference serves as a bridge link between China, South Korea and Japan to strengthen dialogue and cooperation between the three party textile industry. It has extended the themes previously identified by the three parties, and has informed each other about the status and prospects of the textile industry. It has launched an interactive exchange on three important topics, including free trade agreement, environment and product safety, and fashion industry cooperation projects.

In addition, the country is vigorously implementing the "one belt and one way" strategy. With the further acceleration of regional economic cooperation, the textile and garment industry will face greater development space and challenges.

The textile and garment enterprises have made some moves. In October 15th, jn group announced two announcements to increase investment in Vietnam under the "TPP agreement".

Kin Sheng group said that in line with the recent development of international economic and trade situation, it decided to increase investment in Vietnam and speed up investment progress.

Besides Jian Sheng group, Hua Fu color spinning, Lu Tai A, Bailong Oriental and other spinning and weaving enterprises are also increasing their investment in Southeast Asia.

In June, YOUNGOR signed a strategic cooperation agreement with CITIC, one of which is that the two sides will participate in the international market development and development in accordance with the national "one belt and one way" strategy.

As China's economy has further strengthened its global influence, Chinese garment enterprises are facing unprecedented opportunities for global mergers and acquisitions.

This year, countries around the world are rapidly advancing the region.

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In October 5th, the 12 negotiating countries of the TPP (p Pacific Partnership Agreement) reached a basic agreement at the ministerial meeting held in Atlanta, Georgia, and agreed to free trade, and unified norms in areas such as investment and intellectual property rights.

According to the Ministry of Finance website November 4th, RCEP is expected to conclude negotiations in real terms by the end of 2015.

November 2012 ASEAN 10 countries, Japan,

Australia, New Zealand, India and China announced the launching of the regional comprehensive economic partnership agreement (RCEP) negotiations.

RCEP member countries account for 30% of the world's gross domestic product and trade volume. It is the largest trade agreement negotiation in Asia.

The goal of the negotiations is to reach a modern, comprehensive, high-quality and mutually beneficial regional free trade agreement by the end of 2015.

On November 12th, Japanese Prime Minister Abe Shinzo expressed his intention to accelerate the negotiation process of the China Japan Korea Free Trade Agreement (FTA) and the East Asian Regional Comprehensive Economic Partnership (RCEP), and stressed the hope that China and Japan would play a leading role in concluding a comprehensive and high-level FTA.