Looking back on 2022 and forging ahead in 2023 | Dong Kuiyong: Accelerate the forging of competitive advantages in new industries and integrate the cotton textile industry into the new development pattern

2022 is a year of twists and turns and hope, and it is also a year of inheriting the past and forging ahead into the future.

In 2022, under the influence of multiple factors such as the epidemic of the century, geopolitics, and global inflation, our country’s economy will continue to face increasing pressure from demand contraction, supply shocks, and weakening expectations. The cotton textile industry is close to the front end of the industrial chain and has full market competition. It is squeezed by the upstream raw material end and the downstream demand end, and is facing an unprecedentedly complex environment.

Dong Kuiyong, president of the China Cotton Textile Industry Association, said in an interview that in 2022, China’s cotton textile prosperity index will be below the boom-and-bust line throughout the year, and the industry continues to be in a sluggish state. In July 2022, China’s cotton textile prosperity index fell to The lowest point of the year was 45.23; the prosperity index in September 2022 was 49.7, the highest value of the year. In addition, industry production has slowed down as a whole, product output has declined, and raw material and product prices have shown an overall downward trend. Faced with “weak demand and high inventory”, corporate operating pressure is significant, the growth rate of major economic indicators has slowed, profits have declined, and losses have expanded.

Faced with difficulties, the cotton textile industry has developed under pressure, faced difficulties, calmly responded to the impact of unexpected factors, and overall maintained relatively stable and healthy development.

Keep your word firmly in mind and work hard at what you do

Stimulate the vitality of industrial development

This year, the China Cotton Textile Industry Association has taken the lead and been down-to-earth. In order to boost confidence, keep abreast of development, and effectively help enterprises cope with changes in the situation, it has made both online and offline efforts, organizing seminars, docking exchanges, training and other activities, and constantly Stimulate the vitality of industrial development.

The cotton spinning industry is a key industry for stabilizing employment, stabilizing foreign trade, protecting people’s livelihood, and maintaining stability. The environment facing economic and social development will undergo profound changes in 2022. The complexity, severity, and uncertainty of my country’s economic development environment will increase. In order to effectively help enterprises relieve difficulties and cope with changes in the situation, on June 7, 2022, China Cotton Textile The industry association organized an online forum for entrepreneurs to jointly analyze and judge current industry issues and plan follow-up measures.

The online forum for entrepreneurs is new in form and effective, and brings together effective measures to deal with difficulties. In terms of product innovation, enterprises should aim at market highlands and market segments, strengthen supply chain R&D cooperation, strengthen intellectual property rights construction and protection, actively adjust product structure, and develop differentiated products. , high-value and low-consumption products; in terms of market expansion, companies should strive to expand the proportion of domestic sales and at the same time explore overseas markets outside the United States. In addition, enterprises should also work hard to practice their internal skills, continuously carry out technological transformation, promote enterpriseintelligent transformation, and comprehensively improve the level of enterprise informatization and intelligence.

On November 10, 2022, the “Yueda 2022 China Cotton Textile Industry (Yancheng) Development Conference and National Sizing and Sizing Technology Annual Conference, hosted by the China Cotton Textile Industry Association, was held at the NationalDenimIndustry Annual Conference” was held online, organizing well-known industry experts from colleges and upstream and downstream industry chains to focus on industry development, product innovation and development, industrial upgrading, greenEnvironmental protectionDiscussions and exchanges were held on aspects such as sizing and sustainable development.

This conference focuses on green carbon reduction and industrial sustainability. If enterprises in the cotton textile industry want long-term development, they must solve the three major issues of products, employment, and environment. First, enterprises should make good products to satisfy the market and lead the market; second, associations, institutions, and enterprises should join hands to build an online and offline vocational skillstalent training platform, and Through vigorous development of intelligent manufacturing, we can achieve machine substitution in key positions and one person with multiple machines; thirdly, we should start from material design, Achieve green transformation of the entire product life cycle in terms of production, processing, recycling, etc., implement green manufacturing projects, promote the supply of green products, and build a green manufacturing system.

Under the impact of severe and complex domestic and international situations and multiple unexpected factors, the development of the cotton textile industry and business operations are facing tremendous pressure. On November 30, 2022, the second enlarged meeting of the sixth session of the China Cotton Textile Industry Association and the third session of the sixth standing council were held online, focusing on discussing the industry situation and countermeasures, and gathering confidence in the current development. , clarifying the direction of development is of great significance and value.

This meeting pointed out the direction for the high quality development of the cotton textile industry: First, continue to improve the coordination of industrial development, coordinate the advantages of the east, middle and west to optimize the layout of raw material production capacity; Promote coordinated regional development and give full play to the scale advantages and supporting advantages of industrial clusters; the second is to continuously enhance the innovation and development capabilities of the industry and deeply implement the innovation-driven development strategy; the third is to continuously improve the level of green development of the industry, increase research and development of green processes and equipment, and accelerate the construction of The industry’s green development system strives to provide more green, low-carbon and environmentally friendly products for the downstream market.

In addition, China Cotton Textile Raw Materials Industry Chain Conference and Top 100 Cotton Textile Enterprises Summit, China Cotton Textile Products BranchDevelop a green and low-carbon production method.

Third, we must correctly leverage the financial attributes of cotton and cotton yarn to enhance cross-industry cycle capabilities. In the face of drastic fluctuations in raw materials, companies can make full use of their market-sensitive advantages as an industrial end, leverage the financial attributes of cotton and cotton yarn, conduct hedging, hedge the impact of changes in production costs and periodic inventories, and improve cross-industry cycle capabilities. While avoiding over-reliance on making profits from raw material price fluctuations, you should be fully aware of the risks and do a good job of hedging and prevention.

Fourth, we must make the cultivation of skilled talents and the construction of talent teams a key task. On the one hand, associations, colleges and enterprises have joined forces to reform the training model of skilled talents, smooth the development channels for industrial workers, and innovate the “order-based” talent training method; on the other hand, it is necessary to create an industrial culture of excellence, build a corporate culture that adapts to local conditions, and emphasize The story of Good Cotton Textile uses better economic treatment, warm humanistic care and humanized management to stabilize the ranks of industrial workers.

Looking forward to 2023, my country’s cotton textile industry will be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China, adhere to the word “stability first”, strive for progress while maintaining stability, and implement it completely, accurately and comprehensively With the new development concept, we will continue to promote the transformation and upgrading of the industry and accelerate the integration into the new development pattern. The completeness of my country’s cotton textile industry system and the resilience and vitality of the industry are still the most advantageous. It is believed that with the support of stock policies and incremental policies, the vitality of my country’s cotton textile industry is expected to be accelerated, and the operating situation is expected to rebound overall.

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