The "Detailed Rules for the Adjustment and Revitalization of the Textile Industry" came out. Insiders pointed out that its biggest highlight is the new positioning of the traditional industry. But from the current point of view, it can only play a role in building industry confidence, and still can't really change the downturn in the industry. In addition, the “Rules” point out the future direction for the development of the textile industry, but still need to be further refined.
The State Council promulgated the "Rules for the Adjustment and Revitalization of the Textile Industry" (hereinafter referred to as the "Rules") on the 24th, mainly from the status quo of the textile industry and the situation, guiding ideology, basic principles and objectives, major tasks and policy measures for industrial restructuring and revitalization. The guarantee conditions and other aspects determine the direction of the textile industry revitalization plan.
Wang Qianjin, editor-in-chief of China's First Textile Network, said that the "Rules" can only establish a certain degree of industry confidence, but still can not really change the downturn of the industry. It is not just a “emergency” campaign for the current predicament of the textile industry, but a “helping the poor” strategy to solve the medium and long-term development problems in the textile industry, highlighting the clear combination of “near adjustment” and “far-rejuvenation”. . Moreover, many companies are concerned about the lack of substantive, effective measures and operability.
The biggest highlight of the Rules is the new positioning of the traditional industry. The textile industry will be upgraded to the traditional pillar industries of the national economy, important civilian production industries, and industries with international competitive advantages. This new positioning and recognition means that the textile industry is very important to the country's economic and social development. This also provides a "policy guarantee" for the long-term promotion of the development of the textile industry, which is conducive to the relevant departments attach importance to supporting the textile industry, and actively cooperates with the revitalization plan to introduce a series of supporting policies.
The plan focuses on five aspects, one must co-ordinate both international and domestic markets. Second, we must strengthen technological transformation and independent brand building. Third, we must speed up the elimination of backward production capacity. Fourth, we must optimize the regional layout. Fifth, we must increase financial and taxation financial support. Wang Qiang believes that no refreshing measures have been proposed in the announced plans.
Wang Qiang pointed out that planning points out the future direction for the development of the textile industry, but there are still some shortcomings, and it needs to be further refined in the following four aspects. First of all, the revitalization plan lacks practical measures to boost domestic demand. Secondly, in terms of the exit of backward production capacity, the policy level should introduce a guiding mechanism that conforms to the laws of the market. Third, increase tax support for the textile industry. Fourth, attention needs to be paid to the balance between short-term and long-term approaches.

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