Canadian Textile Industry Advocates Increasing Investment In Science And Technology

2011/1/24 17:08:00 36

According to foreign media reports, with the cancellation of global textile quotas and the continuous spread of the financial crisis, the Canadian textile industry has almost lost its competitiveness in recent years, especially in the face of external markets.

From the country

Textile trader

According to the TextilesIntelligence report, total sales of Canadian textile mills and textile products decreased by 44% during the 2005~2009 years, and sales of garment manufacturing decreased by 50%.

Insiders call for Canadian textile industry to strengthen investment in technology textiles and other high value-added textiles.

The report points out that in the face of competition in developing countries, the unity of the client group and the Canadian dollar exchange rate are rising.

Trade

Regulation and lack of exploration of emerging markets have accelerated the decline of Canadian textile industry.

Industry analysts believe that the Canadian textile industry must take the road of diversified development, manufacturing professional textile materials, such as TUTs and other high value added textiles (OVATs), because these textile products can better satisfy and stimulate consumers' demand for special and high-performance textiles.

In order to guarantee the wide application of this textile strategy, relevant personages suggested that we should strengthen the understanding of hi-tech and high value added textiles in every aspect of the industrial chain, and carry out dynamic research and cooperation through the use of technological advantages, and build a commercial and network platform to implement the strategy.

After the implementation of the strategy, besides helping Canadian textile enterprises

Exploiting the market

Besides, the public impression of the industry is also expected to improve. The report points out that the business, financial and industry sectors must strongly maintain the image of the enterprise between the public and private customers.