Recently, it was hosted by China Textile Publishing House and Guangdong Yanda Network Technology Co., Ltd., and the “New Materials, New Ideas, New Trends” textile innovation development summit forum hosted by “China Apparel” magazine was held in Beijing. Sun Huaibin, vice president of the China National Textile and Apparel Council, said that in the new historical development period, the innovation-driven technology industry, the cultural-led fashion industry, and the responsibility-oriented green industry are becoming new labels for China's textile and apparel industry.

Liu Xiaofeng, vice chairman of the 12th National Committee of the Chinese People's Political Consultative Conference and the 15th Central Standing Committee of the Agricultural Workers' Party, said in his speech that the Textile Innovation and Development Summit focused on the current transformation and upgrading of the textile industry and explored the driving path of industrial innovation in the new era. Dong Qingsong, secretary of the Party Committee of China Textile Publishing House, said that with the acceleration of textile product innovation, the development and breakthrough of new materials is increasingly becoming a feature of industrial development in the new era. New ideas drive new applications for product development and product value enhancement. The new trend guides effective innovation and targeted product development and design.

Fu Yuling, chairman of Guangdong Yanda Network Technology Co., Ltd. believes that under the combined effect of green development, consumption upgrading, new urbanization construction and full implementation of the second-child policy, the development prospects of China's textile industry will be broader. With the increase of domestic labor costs, textile enterprises need more financial strength and resource allocation capabilities.

Sun Huaibin made a 2018 analysis of China's textile economic trends: "This year's industry economic operation is still a trend of medium and low-speed growth. Now the volume is very large, the total fiber processing is 5,460 tons, accounting for 60% of the total fiber processing in the world. Running fast is a difficult point, coupled with more uncertainty in the international market, trade frictions will have an impact, and the domestic market is also facing an extraordinary period of transformation."

According to the above report, in the first three quarters, domestic sales accounted for 8.5% of clothing sales; online retail sales continued to accelerate, clothing and home textiles achieved a growth of 23%; exports achieved a growth of 4.6% compared to the previous It has rebounded in a few years. From the structure point of view, the export of yarn, fabrics and some finished products has obviously accelerated, and the export of garments has grown slightly. From a regional perspective, the growth of traditional markets including Europe, Japan and the United States has achieved normal growth, but the growth rate is not very high. The export of countries along the “Belt and Road” has been steadily increasing, and it has become a new growth highlight of China's textile and garment economy. "Under uncertain domestic and foreign factors, it can achieve steady growth, which is healthy growth." Sun Huaibin said.

Hubei Boao Synthetic Fiber Co., Ltd. specializes in production and sales: polyester staple fiber, PLA fiber, polypropylene staple fiber, Two Bi-component Fiber, polyethylene staple fiber, Polypropylene Staple Fiber, two-component staple fiber, and Polypropylene Staple Fiber.