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Surging Forward And Striding Forward

2008/10/17 13:45:00 24

China'S Reform And Opening Up: Drums For 30 Years

       

1988-1997: surging forward and striding forward



From 1988 to 1997, China's clothing industry entered the second stage -- "gold ten years".

China's garment industry started its first large-scale industrial upgrading and embarked on the real path of industrialization.

Foreign trade is developing irresistibly.

Clothing exports increased 6.5 times and output increased 4.7 times, and became the world's largest garment exporter in 1994.

  



At the end of 1986, the general office of the State Council issued the notice on the implementation of industry management for the textile industry in the apparel industry to the State Economic and Trade Commission. In 1987, the State Economic and Trade Commission forwarded the document to the Ministry of textile industry and the Ministry of light industry, and the clothing industry was formally assigned to the Ministry of textile industry.

This is the first strategic decision of the garment industry, and has also opened up the "big textile strategy", which is driven by clothing as the leading factor.

  



In 1987, the Thirteenth National Congress of the Communist Party of China proposed the gradual establishment of the mechanism of "regulating the market by the state and guiding the enterprises by the market". In 1989, the CPC put forward the economic system and operation mechanism in combination with planned economy and market regulation to suit the planned commodity economic development in the fourth Plenary Session of the 13th CPC Central Committee.

In 1992, the 14th National Congress of the Communist Party of China decided to establish a socialist market economic system. In 1993, the fifteenth session of the eight National People's Congress amended the constitution into "socialist market economy."

The "market" has also become the core word in the development of the garment industry. The private economy is on the stage of history and the leading enterprise is born.



  

Rapidly growing production

  



With the deepening of marketization, the rapid expansion of the domestic market has provided conditions for the development of the garment industry, coupled with the low entry threshold and quick returns of the apparel industry, and many private capital has been invested in the apparel industry.

International industrial pfer also increased in the early 90s. In the 1990-1993 years, the western world broke out of the economic crisis. China became the first place to undertake international pfer of garment processing industry.

Over the past 10 years, clothing output has increased by 6 times (see table three).



Table three: 1988: 1992 China apparel industry production schedule

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