Recently, the 2026 Cotton Textile Industry Chain and Supply Chain Development Conference was held in Qingdao. The conference, with the theme of "Unite for Progress and Open New Horizons", conducted in-depth discussions on the high-quality development of the entire industry chain, analyzed the global macro environment, international trade, and the trend of supply chain reconfiguration, and interpreted the supply and demand situation of cotton and non-cotton fiber raw materials. It also analyzed the current situation of the domestic cotton textile industry and Xinjiang cotton spinning, as well as the changes in terminal consumption, predicted the market trend of raw materials, sorted out industry pain points and proposed practical solutions, providing strong support for cotton textile enterprises to stabilize operations, strengthen the chain, and pursue transformation.

This conference was guided by the China Cotton Textile Industry Association and hosted by the China Cotton Textile Industry Raw Material Chain Branch. It was co-organized by Henan Tongzhou Cotton Industry Co., Ltd., Qingdao Xizheng District Cotton Association, and Sait Global Machinery (Qingdao) Co., Ltd.

Insight into global changes and clarification of industry trends

Since the beginning of this year, China's economy has generally shown a development trend of "new momentum, improved structure", and has also demonstrated a relatively obvious structural differentiation.

Dong Kuiyong, the president of the China Cotton Textile Industry Association, summarized the current situation and development direction of the industry from three dimensions: counter-cyclical growth, following the trend, and leveraging advantages. First, the determination for counter-cyclical growth is evident. Facing the "situation" of insufficient global growth momentum leading to economic downturn, the "danger" of successive external shocks, and the "difficulty" of the transition period between old and new energy, traditional industries represented by the textile industry have firmly adhered to the strategic direction, solidly carried out their own construction, and the main operating indicators have all achieved counter-cyclical growth, firmly stabilizing the basic position of industry development.

Second, following the trend clarifies the direction. The cotton textile industry as a whole shows a stable total volume, differentiated structure, prominent resilience, and remaining pressure. The development of the industry is still facing multiple structural and cyclical problems. To follow the trend, for the cotton textile industry, it means taking the digital transformation and green transformation of the industry as the basic support. First, expand the supply of high-quality products; second, consolidate and enhance China's position and competitiveness in the global division of labor.

Third, creating the future by leveraging advantages. China's cotton textile industry has prominent supporting advantages in the entire chain, a stable global industry position, and the release of policy dividends. The long-term positive fundamentals of the industry have not changed. For long-term development, the industry should closely follow the macro policy orientation, anchor on the main line of high-quality development, fully leverage the basic advantages of the industry, insist on innovation-driven, cultivate new industrial momentum; deepen chain collaboration, build supply chain security; coordinate domestic and international circulation, expand new space for the industry; adhere to steady progress, consolidate the basic position of the industry.

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