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The future development trends of silk trade

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Silk products are circulating around the world. With the development of economic globalization, many countries have become a strong country of silk production, but there is no strong silk trade country, especially the third world country. It is because that a lot of silk products are lack of international competition. The sustainable development of silk trade must enhance the export competitiveness. The competitiveness of silk export trade is affected by many factors. The silk industry chain is long, which is involving a number of industries, including the trade of agricultural industry and so on. Many silk related countries has the similar problems, including weak science and technology, low level of management. All of these are the barriers of silk trade. it also put silk trade into dangerous circumstances. Silk production technology equipment is weak and the speed of updating is slow. There is no breakthrough in key technologies. Capital investment is also a major problem. Technological innovation investment is relatively small. There are many silk factories, especially small factory, which do not have their own brand in the trade market. Compared with the world competition in the same industry, it is important to decrease trade frictions and trade barriers. It is hard for silk industry to develop in world trade.

silk trade

In order to enhance the competitiveness of the silk trade, the silk production enterprises must have the corresponding countermeasures. First, in order to fundamentally solve the quality problems, silk enterprises must enhance the overall competitiveness. Silk factory has to set up high-quality base to grow cocoon and increase the quality of silk. It also need to pay more attention to high quality of silk cloth, silk scarf, silk nightgown. Second, we have to improve brand competitiveness and increase product added value, and increase global economy, brand globalization, like, Hermes, Chanel and other luxury brand. Third, create a complete industrial chain to achieve industrial upgrading. To strengthen the development and utilization of information resources, we should collect relevant information resources timely through various channels and respond to changes in the market trends actively, meanwhile keep demanding for commodities, trade policy and so on. Silk industry make full use of e-commerce and various kinds of management software, network management to strengthen the construction of management warning system, so that it can adjust business strategy and prevent business risk timely.

Achieve the sustainable development of cocoon silk industry through volume control.The quick expansion of cocoon silk production heavily hits the world market, leading to the lowering of silk prices. Therefore, China should take an ‘intension-development’ path, reduce global market fluctuation through volume control and transform the cocoon silk industry from ‘quantity expansion’ to ‘acquiring victory relying on quality and efficiency’. The quality of silkworm cocoons and the composition of export-item should be improved in order to better prevent the sudden boom and recession of the cocoon silk industry.

The adjustment of industrial structure in the twenty-first Century graduate level, science and technology innovation. As an important branch of the textile, industry of silk trade also entered the white hot stage of the competition. The long term run, the silk trade still has broad prospects.