Global textile industrial chain & Strategies of financial support
——Zhang Shuai from Far Eastern Horizon

Zhang Shuai analyses global textile industry chain from 2 aspects and he also give a brief introduction to Far East Horizon 

1. Analysis on textile industry trend. He mentioned that demand for traditional textiles have moved to more competitive countries. China鈥檚 total capacity is to reduce, and transfer to higher value-added or distinctive products. Manufacturers without large scale or feature may be eliminated. In the long run, the future of China textile industry rests on basic industry: fiber materials industry and high-end precision processing equipment. China will become a net textile exporter and apparel importer in 10 years. 

2. 2016 outlook from textile machine sales. Equipment and technology are no longer main troubling factors for companies, and effect from labors will also decline with the automation and application of robots. The main influence still comes from raw materials. So fully automated equipment upgrade will continue in the next few years. 

3. Far East Horizon & Financing support. Business includes 1. financial institutions loans, domestic bank loans, international bank loans; 2. Issue bonds for financing; 3. Mortgage, small loans, folk lending, P2P, crowdfunding; 4. Equity financing; 5. Financial leasing, supply chain finance.