China's"Factory-sharing"era is on its way

In 2021,the COVID-19 epidemic will continue to develop globally,and the resulting unstable and uncertain global political and economic situation will become more prominent.China's external trade environment will become more turbulent under the superimposed resonance of the epidemic and multiple factors.The supply chain has exposed vulnerabilities under the impact of the epidemic.Unfavorable factors such as shortage of raw materials and power supply,rising prices of production materials and sea freight.and appreciation of the RMB have posed a huge challenge to China's textile and apparel exports.