Chinese textile industry must invest in raw materials to boost competitiveness.
The article analyzes what factors affect how competitive the Chinese textile and clothing industry is internationally. They used a model called the "Diamond Model" to look at things like raw materials, labor, capital, demand, related industries, strategies, and policies. The study found that investing in equipment, improving industrialization, and ensuring a stable supply of raw materials can help Chinese textile and clothing companies compete better in the global market.