Export Status of Shsocing Textile Industry Under the Background of Belt and Road Initiative
Year: 2024
Type: article
Abstract: Shaoxing has China's largest textile trading and distribution center and a relatively complete textile industry chain, which not only brings a lot of employment for the local, but also brings a lot of foreign exchange income. Textile is the main export product of Shaoxing city, and the annual total export is the main source of its trade surplus, which plays a vital role in the economic development of Shaoxing City. However, with the continuous strengthening of technical barriers to trade, the increasingly fierce international competition and the rise of textile industries in other countries, Shaoxing textile exports continue to face more challenges. How to deal with the various challenges brought by the international market is the problem that Shaoxing city must face if it wants to maintain the advantage of textile export. Therefore, under the background of the Belt and Road, this paper takes Shaoxing textile export as an example, analyzes its current situation and problems, and finally puts forward solutions to provide reference opinions for the sustainable export development of Shaoxing textile.
DOI: 10.61784/ajes3010
Author: Xia Wu
Institution: Zhejiang Yuexiu University
Language: English
Topic: Belt and Road Initiative
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4409779474