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From June 15th to 16th, members of the Zhejiang Province County and City (City, District) Textile Industry Association Presidents' Alliance (referred to as "Zhejiang Textile Alliance") once again visited Cixi to start their fourth year of industrial exchange journey. This trip to Cixi closely adheres to the contemporary proposition of "high-quality development", explores the future direction of the industry, and jointly plans a new development situation.

At the invitation of Sun Pingfang, the president of Cixi Light Textile Industry Association, Sun Boyong, the president of Zhejiang Textile Industry Association (referred to as "Zhejiang Textile Association"), Yao Chuqiang, the president of Changxing County Textile Industry Association, Tong Fuyou, the president of Lanxi Textile Industry Association, Xiang Xingfu, the president of Xiaoshan District Chemical Fiber Textile (Printing and Dyeing) Industry Association, and Zheng Jianfan, the president of Xiangshan County Textile and Garment Industry Alliance, Li Shengjun, Executive President of Tongkun Group Co., LTD., Lu Ying, General Manager of Yingqi Technology Group Co., LTD., Ding Guoqing, representative of the president of Shaoxing Textile Industry Association, and the heads of the secretaries-general of each association attended this event.

Against the backdrop of the profound adjustment of the global economic landscape, the implementation of the United States' "reciprocal tariff" policy has had a complex and far-reaching impact on China's textile industry. This policy has become an important background for discussion at this meeting. The discussions among the experts and enterprise representatives attending the meeting were lively and tense:

In terms of the industry situation, the operation in the first quarter was acceptable, but the second quarter presented a sharp contrast of "ice and fire". Regarding the future market trend, the participants held diverse views: One view held that the market would turn around in the second half of the year; Another view, however, is relatively pessimistic, suggesting that the industry may still need at least another three years of a difficult adjustment period.

At present, the textile industry is confronted with a serious problem of overcapacity. The phenomenon of "intra-industry competition for investment promotion" occurs frequently in various regions, leading to the disorderly expansion of textile production capacity. In this situation, production capacity must be put on hold, and enterprises should moderately reduce production to maintain volume and balance market supply and demand. Project investment must be extremely cautious. The impulse to invest and expand production must be curbed. Competing on price is undoubtedly a dead end, and it is the entire industry that gets hurt. Industry self-discipline is extremely urgent. Large enterprises should take the lead, and small and medium-sized enterprises must also abide by the rules of the game. Local associations can play a role in this regard.

Why do industry data show "steady progress and strong resilience", while enterprises lament "severe internal competition and inability to operate"? Objective analysis shows that this is not only due to the differences in statistical standards and samples, but also closely related to the differentiation of industry structure. The performance of sub-industries varies greatly, and there are significant differences between the upstream and downstream of the industrial chain. Furthermore, the Internet's characteristic of "reporting bad news but not good news" has also greatly affected industry perception and intensified market panic. In fact, at any time, there are always some fields and some enterprises that are active and operate well.

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