Calculate addition and subtraction in supply-front reform,and promote innovative development

On July 6， 2016， China Textile Innovation Conference Shishi Forum was held in Shishi， Fujian， with the theme of “exploring innovative gene for textile products”， focusing on the discussion of how to enhance the quality and efficiency of supply， how to activate and release effective demand； how to explore innovative gene for textile products from the nature of the product on the foundation of “ingenuity spirit”， so as to boost reconstruction and upgrade of the textile industry to in the first year of the “the 13th Five-Year Program”.

SUN Ruizhe， vice president of China National Textile and Apparel Council， was the keynote speaker at the conference. He pointed out that mass technology revolution featured with intelligent， green and ubiquitous is profoundly adjusting the industrial division of labor， reshaping the competitive landscape， and changing the balance of power. China should seize the “corner overtaking” historic opportunity to become parallel with the competitors rather than following others， so as to ultimately lead others and achieve the development from large scale to high quality.

On the policy level， innovation-driven development has risen to a national strategy. The CPC Central Committee takes the “five development concepts”as the guide， regards promoting supply-side structural reforms as the main line， and focuses on the “Three Strategies” of increasing varieties， improving quality and creating brands to give macro-policy support to the textile industry innovation practice. On the industry level， the “L”-shaped economic trend provides a good opportunity for the industry to achieve innovation and development， for the decline of growth rate reveals structural and institutional problems accumulated in the previous high-speed growth. While the pressure is released， space for innovation and development is reserved.

How to achieve innovation and development？

Practical foundations have been found for innovation and development

From 2011 to 2015， average annual growth of textile fiber processing volume is of 5.1%. Designed size textile enterprises achieved an average annual growth of main business income of 9.2%， and an average annual increase of total profit of 11.5%. The main economic indicators in the country are in good level in the national industrial system. Textile and apparel exports saw an average annual growth of 6.6%， which ratio in the world increased to 37.4% in 2014 from 34.3% in 2010. But the reality clearly shows that， since 2010， growth rates of the main indicators of the textile industry， i.e.， the total fiber processing volume of China， the main business income， the total profit， the total exports and the industrial added value， etc. has dropped significantly and then stabilized.endprint