The Belt and Road Strategy Makes China Zipper Industry Take Off Again

The Belt and Road Initiative (BRI) is an ambitious effort to deepen regional cooperation and improve connectivity on a trans-continental scale. While the scope of the initiative is still taking shape, the BRI consists primarily of the Silk Road Economic Belt, linking China to Central and South Asia and onwards to Europe, and the New Maritime Silk Road, linking China to the nations of South East Asia, the Gulf Countries, North Africa, and on to Europe. Six other economic corridors have been identified to link other countries to the Belt and the Road.

The World Bank Group has began to analyze the economics of the BRI. This article mainly introduces the impact of the belt and road strategy on the zipper industry.

After more than 30 years of reform and opening up, China has become the world's leading producer of clothing zippers. From importing equipment to exporting high-end zippers, a path has been taken.

Up to now, China's zipper industry has entered a new stage of development through industrial transformation and upgrading, that is, from a large zipper country to a powerful zipper country, from cheap zipper manufacturing to high-quality zipper brands, and gradually develop towards high-end. The value-added zipper market reshapes the new competitiveness of China's zipper industry through quality, variety and brand. During this period, many representative outstanding zipper companies have sprung up, and our KKK zipper is in a leading position in the domestic zipper market.

Generally speaking, the main market for quality zippers depends on the apparel industry. However, from a global perspective, the mid- to high-end clothing zipper market has long been monopolized by a few multinational companies, and China's zipper companies account for a relatively small share, which greatly inhibits the development of the Chinese zipper market.

The "One Belt, One Road" strategy is a powerful platform, which will have a huge impact on promoting global cultural exchanges, developing the world economy and maintaining social stability. China's zipper industry should comply with the policy, which is the choice faced by domestic zipper companies in the new era. In response to the national strategy, zipper companies take the initiative to go out and seek new cooperation and development space, which is the best way to face future challenges.

What the Belt and Road Initiative brings us is win-win cooperation and common development. From the perspective of countries related to this strategy in recent years, their economy has received good support and significant development, and the future prospects are even broader.

Zipper knows no borders. In terms of global zipper demand, the demand, brand and value of the foreign market are greater than that of the domestic market, which requires us to pay more attention to the international market.

In the past, "going out" was restricted by technology, finance, talent and management resources. However, today, time is witnessing the trend of economic globalization. The international community has reached a consensus that Chinese zipper companies have established a good foundation, and more and more talents are invested in economic construction, providing us with the best development opportunities.

We can make a difference, and we are working hard to make a difference. What we have to do is to go out, cooperate and develop, actively integrate into the international market, and grasp the new opportunities and new space for the development of China's zipper industry. It is believed that the "One Belt One Road" strategy will make China's zipper industry take off again.