The intricate economic and trade connections between China and the United States are likened to "threads and needles," according to Chinese Consul General in New York, Huang Ping. Despite facing challenges in recent years, Huang emphasized the enduring nature of the China-U.S. relationship, highlighting two crucial aspects: the mutually beneficial nature of their economic and trade cooperation, and their high level of complementarity and interdependence.
Speaking at the 24th China Textile and Apparel Trade Show in New York City, Huang cited the textile industry as a prime example of the vital ties between the two nations. He pointed out that both countries heavily rely on textiles and clothing, which serve as a fabric of friendship uniting their peoples.
With China leading as the world's top producer, exporter, and consumer of textiles, and the United States being a significant consumer, Huang urged the textile industries of both nations to collaborate and seize opportunities for sustainable growth in their economic and trade relations.
The three-day event featured nearly 800 Chinese fabric, home textile, and apparel manufacturers showcasing their latest products to American fashion clients. Zhang Tao, vice chairman of the Sub-Council of Textile Industry of China Council for the Promotion of International Trade, highlighted China's efforts to establish a green supply chain to meet the global demand for sustainable consumption.
China's textile and apparel industry has maintained its position as a driving force in the global textile sector, boasting a world-leading manufacturing capacity and trade volume. From 2020 to 2022, annual textile and apparel exports from China exceeded 300 billion U.S. dollars, reaching a record high of 323.3 billion dollars in 2022.
Huang emphasized the need for a stable and long-term cooperative relationship between China and the United States, recognizing the crucial role of their economic and trade ties in fostering mutual prosperity.