Great Potential For Cooperation Between China And Pakistan In Textile Industry

< p > on the basis of the rapid growth of last year, 1~5 cotton imports in China increased by 48.18% over the same period last year.

In this issue, the reporter interviewed Pakistan Sardar company and Foshan Fengbao < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > Co., Ltd., to explore the situation of < href= href= "//www.sjfzxm.com/news/index_c.asp" > yarn enterprise "/a" and the problems that should be paid attention to in the import yarn trade.

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< p > Sardar company is a Pakistan enterprise. Although it also owns a factory, it mainly provides agency services, which involves cotton yarn, natural cloth and so on.

With regard to Pakistan's spinning industry, the reporter interviewed Sardar (SARDAR COPORATION) manager Sagid Latif Sheikh.

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< p > reporter: you are from Pakistan. Can you tell us about the basic situation of Pakistan's spinning industry? < /p >

< p > Sagid Latif Sheikh: the textile industry is the largest manufacturing industry in Pakistan, accounting for 8.5% of GDP.

More than 10 million of Pakistan families need to rely on the textile industry to make ends meet.

The textile industry accounts for 60% of the total revenue every year, accounting for 46% of the manufacturing industry, and the number of employees accounts for 38% of the total number of manufacturing jobs.

Cotton and textile products account for almost 2/3 share of Pakistan's exports.

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< p > Pakistan is the fourth largest cotton producing country in the world. It is also the third largest spinning country in Asia, and the fourth largest cotton producing country in the world, with 12 million spindles.

At present, there are 442 ordinary scale spinning mills, 124 large spinning mills and 425 small spinning mills in Pakistan, with an average capacity of 28 thousand spindles.

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< p > Pakistan 80%, < a href= "//www.sjfzxm.com/news/" > textile > /a > are all concentrated in Punjab Province, among which, Lahore, Multan and Pakistan are a href= "//www.sjfzxm.com" > textile industry < /a > City.

A large number of Pakistan spinning machinery has a long history, mainly used for towel and socks yarn.

In recent years, old machinery has been replaced by new spinning machinery. Some spinning mills in Pakistan have trained professional managers and workers, as well as imported first-class spinning equipment.

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< p > reporter: what are the characteristics of Pakistan yarn? < /p >

< p > Sagid Latif Sheikh: Pakistan yarn is famous for its high quality and low price.

In Pakistan, < a href= "//www.sjfzxm.com" > spinning enterprises < /a > mostly use local cotton, and some will also use India cotton.

Limited by cotton quality, the average yarn count of Pakistan yarn is not more than 24S.

70% of yarn is pure cotton yarn and 30% is blended yarn.

Pakistan 80% yarns are used by domestic enterprises and 20% for export.

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< p > now Pakistan produces a large number of Siro spun yarn. Now some factories are expanding their capacity. It is estimated that the output of Siro spun yarn will double in a year.

Siro spun yarn has become the mainstream of China's import yarn from Pakistan.

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< p > reporter: the quantity of pure cotton yarn imported from Pakistan continues to grow. What do you think is the advantage of Pakistan cotton yarn? Is it possible to maintain growth momentum in the future? < /p >

< p > Sagid Latif Sheikh: Pakistan spinning enterprises have less administrative burden, while cotton prices and labor costs are relatively low. The wage level of Pakistan workers is about 0.5 dollars per hour, so Pakistan cotton yarn has cost advantages.

In addition, Pakistan enjoys preferential policies for exports to many countries.

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For more than p over the years, the balance of supply and demand for electricity in Pakistan has been a major unsolved problem.

The new government that just came to power will solve the energy shortage and reduce energy costs as a top priority, so that enterprises have great hopes for short-term relief and long-term solution. I believe that this problem will be solved in the future.

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< p > with the increase in production costs of Chinese spinning enterprises, the appreciation of the renminbi and the depreciation of the rupee in Pakistan and the shift of the Chinese textile industry to the high value-added products, China's downstream producers will be more inclined to import low count yarn and low-density fabrics, while Pakistan's a href= "//www.sjfzxm.com" > cotton yarn price < /a > is more attractive.

In addition, China and Pakistan are very experienced partners. China and Pakistan are seeking cooperation in many fields. Chinese enterprises have invested in the establishment of textile mills in Pakistan. Other Chinese companies have recently visited Pakistan to explore investment opportunities in the textile industry.

Therefore, there is great potential for cooperation between China and Pakistan.

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In order to protect its own interests, it is recommended that Chinese enterprises carry out import trade of cotton yarn and < a href= "//www.sjfzxm.com" > cotton cloth < /a > through trustworthy and professional agents.

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< p > reporter: most Chinese enterprises do not know Sardar well, please give me a brief introduction.

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< p > Sagid Latif Sheikh: Sardar entered the textile industry in 1952. It is a family owned enterprise with a long history.

The company has established offices in Lahore (Pakistan), Karachi (Pakistan), India, China (Shandong, Zhejiang), the United States, China Hongkong and Australia.

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Sardar P's main advantage lies in having a strong supplier base and fully understanding the capabilities of each supplier, so as to provide reliable services for the purchaser, such as selecting the right suppliers, ensuring the consistency of products, obtaining competitive prices and ensuring the delivery period.

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