Guangzhou Hongjing Experimental Equipment Co., LTD.
Release time:
2023-03-21
Guangzhou Hongjing Experimental Equipment Co., LTD. (hereinafter referred to as Guangzhou Hongjing) was founded in 2003, is a collection of "RESEARCH and development, production, sales, service" and one of the professional dyeing and finishing laboratory equipment and spare parts company, while acting all kinds of testing instruments and environmental protection and energy conservation projects.
Guangzhou Hongjing has imported multi-functional laser processing equipment, CNC bending unit, shearing machine group, the monthly production of equipment can be more than 100 sets, more than 100 types of products, exported to more than 10 countries and regions in the world.
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In June 2021, China's textile and apparel exports totaled US$125.153 billion
According to customs statistics, in June 2021, China's exports of textile yarn, fabrics, and made-up articles totaled US$12.5153 billion; from January to June 2021, China's exports of textile yarn, fabrics, and made-up articles totaled US$68.558 billion, a year-on-year decrease of 7.4%; from January to June 2020, China's exports of textile yarn, fabrics, and made-up articles totaled US$74.0173 billion.
Driven by the sustained recovery of domestic and international market demand, the economic operation of China's dyeing industry has further consolidated its recovery trend. From January to May, the output of dyed fabrics has significantly increased compared to the pre-epidemic period, and the industry's operational efficiency has accelerated its recovery. Exports continue to grow, but the trend of "increasing volume but falling prices" has yet to be reversed, and the industry still faces considerable competitive pressure in exports.
The "Belt and Road" initiative unlocks new opportunities for China's industrial textile market
In recent years, with the rapid economic development of countries and regions along the Belt and Road Initiative, such as Southeast Asia and Africa, and the moderate growth in demand from traditional markets such as Europe, America, Japan, and South Korea, overall market demand will be further released, providing Chinese enterprises with further opportunities to expand market space and creating favorable market conditions for the development of China's industrial textile industry.
Riding the wave of national trends, leading domestic textile and apparel brands benefit
Population iteration and Gen Z-led consumption are the main forces driving the rise and evolution of the national trend. From the supply side, leading domestic brands have been steadily improving their internal capabilities in recent years, narrowing the gap with their overseas competitors in brand building, retail operations, supply chain capabilities, and digital system construction, and continuously adapting to and leading the deepening of the national trend.