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Mekong River region textile capacity cooperation begins

Nov '19
The Lancang-Mekong Textile and Apparel Cooperation Summit was held on October 17 in Shengze county, in Jiangsu province. It was hosted by China National Textile and Apparel Council, and the Sub-Council of Textile Industry, CCPIT. 600 guests from 24 countries and regions, and representatives from 5 countries along the Mekong River participated in the summit.

Textile and garment industry is currently the priority areas for capacity cooperation in Lancang-Mekong river region. Since the official launch of the Lancang–Mekong Cooperation Mechanism, in just 3 years, it has developed into one of the most dynamic cooperation mechanisms, with the most potential, in the Mekong sub-region. The Lancang–Mekong cooperation has accelerated from the incubation stage to the growth stage, showing the "Lancang–Mekong speed" and Lancang-Mekong efficiency".

As a key textile industry cooperation project supported by the National Special Fund for Lancang-Mekong Cooperation, the summit was fully supported by the Ministry of Foreign Affairs, the Ministry of Industry and Information Technology and other government ministries.

At the meeting, three important achievements were officially declared: i. the release of Joint Statement on Production Capacity Cooperation among Lancang-Mekong Countries; ii. the launch of long-term cooperation mechanism of “Lancang-Mekong Textile and Garment Industry Dialogue”; and iii. the release of the Report on Trade and Investment Cooperation between China and Mekong river textile and garment industry.

The summit was hosted by Lin Yunfeng, director of the International Trade Office of the China National Textile and Apparel Council (CNTAC), secretary general of the China Textile International Cooperation Union, and vice chairman of the Sub-Council of Textile Industry, CCPIT. As Yunfeng remarked, the textile and apparel cooperation in the Lancang-Mekong Region has developed significantly in recent years. The six countries have great potential for deep complementarity and integration of industrial chains in terms of resource endowment, industrial levels and export market. At the end of 2018, the series of special cooperation funds for the cooperation applied by the Sub-Council of Textile Industry, CCPIT, was successfully approved. At present, the work covered by the project has successfully entered the implementation stage.

Gao Yong, the party committee of the CNTAC, chairman of the China Textile International Cooperation Union; Myint Soe, chairman of the Myanmar Garment Manufacturers Association; Xaybandith Rasphone, chairman of the Lao Garment Industry Association; Truong Van Cam, vice chairman of the Vietnam Textile and Apparel Association; Jumnong Nawasmittawong, vice chairman of National Federation of Thai Textile Industries; and Loo Chee Chien, secretary general of the Garment Manufacture Association Cambodia, and other representatives of the textile and apparel associations of the six countries jointly signed the "Joint Statement on Capacity Cooperation Among Lancang-Mekong Countries" at the summit, and jointly announced the official launch of the long-term cooperation mechanism for the “Lancang-Mekong textile and garment industry dialogue”.

At the meeting, Xu Yingxin, vice chairman of CNTAC, executive director of China Textile International Cooperation Union, and chairman of Sub-Council of Textile Industry, CCPIT, officially released the “Report on Trade and Investment Cooperation between China and Mekong River Textile and Garment Industry”.

In recent years, the import and export trade between China and the Mekong river in the textile and garment industry has been active, and direct investment has continued to grow. Cambodia, Laos, Myanmar, Thailand, and Vietnam have become preferred destinations for Chinese textile companies to invest abroad. In this context, the CNTAC gathered industry forces to work out the "Report on Trade and Investment Cooperation between China and Mekong River Textile and Garment Industry".

Yingxin indicated that as the textile industry chain of the five countries along the Mekong river is developing towards a refined and deep processing stage, the high-quality development of China's textile industry will certainly bring the most high-quality industrial resources and broad market opportunities to the five Mekong river countries. The Chinese textile industry hopes to further deepen the industrial chain and supply chain cooperation with the five countries, to build a more efficient and integrated transnational industrial system to jointly promote and facilitate the prosperity and development of the textile industry in the Lancang-Mekong region.

Ji Lingpeng, deputy national coordinator of the Lancang-Mekong River Cooperation Secretariat, department of Asian Affairs of the Ministry of Foreign Affairs, was invited to participate in the conference. He introduced the progress of cooperation from a national and macro perspective, looked at the vision of cooperation, and expressed confidence in the Lancang-Mekong cooperation of the textile industry.

In the dialogue session of the summit, the two major themes of "Cooperation in Textile and Apparel Industry - Achievements and Future" and "Focus on Hot Spots - Front-line Investment Experiences in Myanmar and Vietnam" were discussed accordingly. Yuan Hongping, deputy secretary general of the CNTAC and director of the Foreign Affairs Office, Liang Pengcheng, director of the Marketing Department of the CNTAC and executive vice president of the Sub-Council of Textile Industry, CCPIT, respectively held dialogues with industry peers from the five Mekong countries and pioneers in international markets.

Fibre2Fashion News Desk (RKS)

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November 2019

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