The 12th China-Japan-South Korea Fiber Industry Cooperation Conference was held in Busan, South Korea on September 23rd. Leaders, experts and business representatives from the textile industry institutions of China, Japan and South Korea gathered on the coast of the East China Sea to discuss cooperation and development. Sun Ruizhe, Party Secretary and President of the China National Textile and Apparel Council, Xu Yingxin and Chen Dapeng, Vice Presidents, as well as the heads of relevant departments and member units of the China National Textile and Apparel Council attended the meeting.

East Asia is an important production area and market for the world's textile and garment industry. The textile industries of China, Japan and South Korea have formed a deeply nested and complementary industrial chain and supply chain system through market connection and resource linkage.

It is reported that since its first holding in 2010, the conference has not only become an important bridge for the three parties to deepen mutual trust and build consensus, but also set a good example for establishing a regular communication and exchange mechanism for the textile industries of countries around the world.

The holding of this meeting not only strengthened the mutual trust and consensus among the textile industries of China, Japan and South Korea, but also injected new impetus into regional cooperation, demonstrating the strategic vision and collaborative determination of the three countries in the face of the global industrial landscape's reconstruction.

Opening remarks

The presidents of the three parties jointly advocated cooperation to address global challenges

At the beginning of the meeting, Choi Byung-moo, the president of the Korea Fiber Industry Federation, Akira Hikaru, the president of the Japan Fiber Industry Alliance, and Sun Ruizhe, the president of the China National Textile and Apparel Council, delivered opening remarks respectively.

Sun Ruizhe, the Party Secretary and President of the China National Textile and Apparel Council, in his speech, quoted the saying, "The road is not far from people, and people are not different from countries," emphasizing that the three countries are geographically adjacent, culturally connected, and have integrated industries. They should jointly maintain multilateral cooperation mechanisms and enhance the resilience of regional supply chains.

He pointed out that against the backdrop of a sluggish global economy and volatile trade policies, China, Japan and South Korea should deepen strategic mutual trust among the three parties, give full play to regional complementarity and synergy, which is the key to responding to external risks, seizing the opportunities of The Times and achieving common development. In this regard, he put forward three initiatives. The first is to take mutual benefit and mutual trust as the foundation and jointly build the foundation for prosperity. In line with the general trend of globalization, relying on RCEP, the Belt and Road Initiative and other means, we should deepen industrial cooperation and expand development space. Second, with innovation-driven development as the core, we should jointly cultivate new quality forces, focus on areas such as cutting-edge materials, high-end equipment, and advanced processes, deepen joint research and development and collaborative breakthroughs, and accelerate the high-end, intelligent, and green upgrading of industries. Third, we should take responsible development as the orientation and jointly accumulate the momentum for development. Promote the innovation of ESG concepts and mutual recognition of regional standards, and enhance cooperation in carbon footprint accounting and green product certification. Relying on cultural consensus, promote cooperation between fashion platforms and brands.

Choi Byung-moo, the president of the Korea Fiber Industry Federation, said that the current world economy and the textile industry are facing multiple challenges such as changes in trade policies, geopolitical conflicts, climate change and unstable supply chains. He emphasized that the textile trade among China, Japan and South Korea accounts for a quarter of the global total, with a huge consumer market and is an important pillar of the global industry. The president called on the three countries to turn challenges into opportunities, jointly lead the future of the industry, and put forward three cooperation initiatives: jointly promoting sustainable innovation, jointly researching and developing carbon-neutral and circular economy technologies and setting standards; Promote the transformation of artificial intelligence, and utilize technologies such as AI, big data, and robotics to revolutionize productivity and explore new markets. Accelerate the reconstruction of the supply chain, join hands to establish a stable and fair trade order, and actively optimize the global supply chain layout. He hopes that this meeting will serve as a starting point to further consolidate the tripartite partnership and open up new prospects for the sustainable development of the global textile industry.

Akira Hikaru, the president of the Japan Fiber Industry Alliance, believes that the conference, which brings together representatives from the three countries for exchanges, has extremely profound significance for promoting the future development and cooperation of the industry. The current global situation is fraught with increasing uncertainties. Geopolitical conflicts, changes in tariff policies and the continuous rise in climate risks have exacerbated the pressure on supply chains. He emphasized that as the core forces of the global fiber industry, China, Japan and South Korea should firmly uphold multilateralism and jointly address systemic challenges such as carbon neutrality and circular economy. He called on the three countries to rely on regional economic cooperation and pragmatically deepen coordinated development in areas such as sustainable development, technical textiles, and supply chain strengthening. He firmly believes that the fiber industries of China, Japan and South Korea are partners and should join hands to move forward, strengthen mutual trust, achieve common growth and development, and lead the global industry towards the future.

Ju Mao-ling, executive vice president of the Korea Fiber Industry Federation, Kenichi Tomiyoshi, vice president and secretary-general of the Japan Fiber Industry Alliance, and Chen Dapeng, vice president of the China National Textile and Apparel Council, respectively introduced the representatives from China, Japan and South Korea attending the conference.

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