Analysis on the Advantages and Competitive Edges of Chinese Textile and Clothing Industry at the Current Stage

摘要

For the past thirty years since the opening up and reforms policies with Chinese characteristics was in force on a step-by-step basis, the labor intensive textile and clothing industry, a traditional pillar industry in China, has achieved the great progresses in virtue of the fully play of the advantageous labor force. However, the extensive growth mode of the textile and clothing industry has been relying on the low production cost for a long period of time is currently being challenged by the unprecedented difficulties. Chinese textile and clothing shall take the way towards the high-end competitiveness instead of staying competitive with the low cost. As viewed from the comparative and competitive advantage strategies, this article will give an analysis on the competition factors of the current textile and clothing industry and elaborate on the competence of Chinese textile and clothing industry in enhancing the competitiveness. The article aims to suggest the companies abandoning the short-sight or a stroke of good luck, changing the concepts and management, and enhancing the competitive power through improving the differential competitive advantages.