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China Textile Round Table Forum gets a complete success!

11
Mar '10
The “China Textile Round Table Forum 2010”, hosted by China Textile Economy Research Centre and “China Textile” Magazine, sponsored by Oerlikon Textile, and supervised by China National Textile and Apparel Council (CNTAC), was hold on 27 January 2010 in the International Conference Centre of KunLun Hotel in Beijing, with the theme of “Structural Adjustment, Innovation & Development”.

In 2009, under the guidance of “to maintain growth, expand domestic demand and adjust the structure” policy by the central government and “The Restructuring and Revitalization Planning of the Textile Industry”, through the hard work of every people in the whole industry, China's textile industry has overcome many adverse factors such as the uncertainty of the world economic situation, dramatic changes in raw material prices, etc., gradually stepped out of the bottom and achieved a sustained and stable growth. In 2010, China's economy will continue to face the complicated and changing international and domestic situation, inflation, trade protectionism, raw material prices, labor costs, exchange rate fluctuations and other factors. Textile Industry must firmly focus on adjustment and innovation in a new round of showdowns to strive for a good development trend. Though it is difficult to change the external environmental factors of the industry, the self-development route can be controlled and selected.

Focusing on theme of Structural Adjustment, Innovation & Development, China Textile Round Table Forum 2010 is a platform to pass the information that the economy is bettering to the whole industry, to enhance the industry's determination and confidence to develop, and to offer enterprises a route map with clear sense of direction. Therefore, relevant leaders, experts and scholars from the National Bureau of Statistics, the National Development and Reform Commission, the State Council Development Research Center, China Textile Industry Association and various professional associations, and notable entrepreneurs from home and abroad were invited to the forum, made high-end communications and discussions on the conference theme, and carried a in-depth study on China textile industry development trends and the measures to confront in 2010. On the Forum, Mr. Yao Jingyuan, Chief Economist of National Bureau of Statistics made a speech entitled "2010 China's Macroeconomic Trends and Policy Measures".

He stated that facing the financial crisis, the Chinese government made a scientific assessment of the international and domestic situations and decisively introduced a package of policies including the implementation of the proactive fiscal policy and moderate loose monetary policy to maintain growth, expand domestic demand, readjust the structure, and benefit the people's livelihood, which enabled China to become the first in the world to stop the downturn of the economy, stabilize it and make it rise up, and achieve a hard-won success. He predicted that in 2010, China's economy would be a continuous process during which economic structure would be optimized; the development methods would be transformed; service industry, especially the modern service industry, would develop better and faster; consumption would have a bigger pulling power of the economy; and innovation capacity and technological progress would contribute more to the economy.

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Oerlikon Textile GmbH & Co. KG


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