Ministry Of Commerce Responds To Transfer Of Indian Textile Orders To China: Normal Market Behavior

On October 14, when the relevant person in charge of the foreign trade department of the Ministry of Commerce answered a reporter's question, some media asked: Recently, it has been reported that since September, many large-scale export textile enterprises in India have been unable to guarantee normal delivery due to the epidemic situation, and many orders originally produced in India have been transferred to China for production. Does the Ministry of Commerce have the data in this regard? What's your comment on this?

Li Xingqian, director general of the Department of foreign trade of the Ministry of Commerce, said that at present, the outbreak of new crown pneumonia has a huge impact on the global economy. We sincerely hope that India can curb the epidemic and resume normal production and life as soon as possible. China is the largest textile producer and exporter in the world, and has obvious export advantages of labor-intensive products. The epidemic has caused a serious impact on both the supply side and the demand side, and the supply chain of the industrial chain has been hindered simultaneously. China has also experienced the same test.

Every one of us is a consumer. In the face of diversified market supply, we will shop around and select reliable merchants and products with high quality and low price. This is also the case with international trade. It is a normal market behavior for multinational companies to adjust their order production globally and for international purchasers to select suppliers according to their production capacity. There are also production orders transferred to other countries and industries in China.

China has made remarkable achievements in scientific coordination of epidemic prevention and control and economic and social development, taking the lead in resuming work and production, effectively ensuring the supply of the international market and supporting the smooth operation of the supply chain of the international industrial chain. We have always insisted on mutually beneficial cooperation with all countries in the world, firmly uphold the multilateral trading system, and will do our best to make more contributions to promoting the early return of world economic and trade prosperity.