2018 was the year to kick off our efforts put all the guiding principles from the Party's 19^th National Congress into action. It was the 40th anniversary of reform and opening-up, and it was a crucial year for securing a decisive victory in building a moderately prosperous society in all respects and for continuing to implement the 13^th Five-Year Plan. Meanwhile, 2018 was also the 30^th anniversary of China Textile City. In the past year, in the face of the severe and complicated domestic and international economic situation, China Textile City actively responded to various difficulties and challenges, and strived to seek the transformation and upgrading of China Textile City to ensure the continued prosperity and stable development of the market.

The data showed that in 2018, China Textile City achieved CNY 180.83 billion worth of turnover, seeing a year-on-year increase of 10.1%, of which the fabric market turnover was CNY 121.4 billion, up 12.33% year-on-year; online transaction volume was CNY 42.04 billion, growing by 38.4% year-on-year. The freight volume of the consignment was 5.873 million tons, with year-on-year growth of 11.49%.

In 2018, China Textile City firmly grasped the strategic positioning of being the vanguard of the construction in Shaoxing and the bridgehead in the Shanghai-Hangzhou metropolitan area, so as to promote the internationalization, fashion, intelligence and high-end oriented progress of China Textile City.

In 2019, there will be three major action plans to promote the development of China Textile City. And China Textile City will adhere to the "Belt and Road" Initiative to guide comprehensive opening-up, and strive to increase the turnover of China Textile City by more than 9%, totaling CNY 200 billion, of which the fabric market increased by more than 10%, totaling CNY 130 billion.

The first action plan is "Silk Road in Keqiao, Connect Whole World Together" plan. Through the implementation of the action plan, China Textile City will open wider to the outside world along two routes , one is the Belt and Road, and the other is the road to European and American countries, so as to promote the penetration textile resources and elements of Keqiao China Textile City into the world market, build a communication platform between Keqiao and the world textile circle, establish a collaboration system along the entire global textile chain, gather all textile production elements including global creative design, R&D and manufacturing, trade & logistics, brand operation, testing and certification, and standard establishment in Keqiao, enhance Keqiao's influence in the textile industry, and create an open, fashionable, intelligent and high-end international textile capital.

The second action plan is the "Create Industrial Benchmark & Become High-end Textile City" action. To promote the corporatization and scale development of various enterprises, encourage enterprises to become stronger and bigger. To implement the "Innovative Brand Creation" project, guide and encourage enterprises to establish a brand management system, build their own product brands, and cultivate a number of first-class brands and industrial benchmarks with outstanding competitiveness at home and abroad to enhance the proportion of fashion and high-end textile products in the market. To implement the "Transformation and Upgrading Training for Enterprises", integrate training resources such as the National Fabrics Pavilion, the Online Textile City, and the China Textile City Forum, etc., and strive to train more than 2,000 market participants in the whole year.

The third action plan is "Build an Integrated Textile City" action. To build a linkage pattern, refine the specific measures in the field of fashion, e-commerce, exhibition economy, etc., and promote the in-depth integration and development of the physical market with new formats and new models. To plan the long-term development strategy of China Textile City actively, set up China Textile City Development Research Institute, conduct special research on the stage development of China Textile City, and propose forward-looking strategies for the transformation and upgrading of China Textile City.

Source: CHINA TEXTILE LEADER Express