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Chinese Textile Industry: Sustainable Development Challenges and Competitiveness issues in Economic Environment Dynamics

机译:中国纺织工业:经济环境动态中的可持续发展挑战和竞争力问题

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摘要

Contemporary geo-economic development is characterised by global transformation from the EU and Western countries, in general, towards the Asia-Pacific and East Asian concept, which will result in further evolution of the World System determined by the economies of the new industrial and post-industrial countries. The objective of this article is to investigate the role of economies of East Asian countries in global economic development. Particularly this paper analyses the situation in the textile industry, as exemplified by China, in the world market to identify, prospects for its sustainable and competitive development. During the progress of this work, it was determined that the textile industry in China is currently under the influence of delayed adverse effects of the global financial and economic crisis of 2008-2010, which can further lead to systemic risk emergence in the Chinese economy, as the textile industry plays a leading role in its economic development. Analytical procedures performed in this study clearly showed the urgency of implementing technological and managerial innovations in order to increase the competitiveness of the Chinese textile industry. The government also needs to revise its measures of support to the sector Improving competitiveness and providing sustainable growth and development of the textile industry in China allows to create a new margin of safety for the Chinese economy and secure unconditional long term leadership for the textile industry.
机译:当代地缘经济发展的特点是,从欧盟和西方国家向全球总体而言,向亚太和东亚概念转变,这将导致由新工业和后经济体决定的世界体系的进一步发展。工业国家。本文的目的是调查东亚国家经济在全球经济发展中的作用。特别是,本文分析了以中国为代表的纺织工业在世界市场上的状况,以确定其可持续和竞争性发展的前景。在这项工作的进行过程中,我们确定中国的纺织业目前受到2008-2010年全球金融和经济危机的延迟不利影响的影响,这可能进一步导致中国经济出现系统性风险,纺织业在经济发展中起着主导作用。这项研究中进行的分析程序清楚地表明了实施技术和管理创新以提高中国纺织业竞争力的紧迫性。政府还需要修改对行业的支持措施。提高竞争力并提供中国纺织业的可持续增长和发展,这将为中国经济创造新的安全余地,并确保纺织业获得无条件的长期领导地位。

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