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History proves that some countries and regions benefited from international industry transfer, because of international industrial transfer can stimulate their economic growth.Thanks to the manufacturing transfer implemented by EU, USA, Japan and some Asian developed countries in 1980s, China’s economic situation has boomed over 30 years. Textile industry as a traditional industry in China has its own competitive advantage. It can be confirmed that textile industry will play an important role during the fourth Industry transfer period. So, who will be the winner this time?
History proves that some countries and regions benefited from international industry transfer, because of international industrial transfer can stimulate their economic growth. Thanks to the manufacturing transfer implemented by EU, USA, Japan and some Asian published countries in 1980s, China's economic situation has boomed over 30 years. Textile industry as a traditional industry in China has its own competitive advantage. It can be confirmed that the textile industry will play an important role during the fourth Industry transfer period. So, who will be the winner?