Seomsanyeon New Year's Meeting "Let's Leap Forward Again with Quality Competitiveness"
[Asia Economy Reporter Yujin Cho] The Korea Federation of Textile Industries (Chairman Sung Gi-hak) held the 'Textile Fashion Industry New Year's Meeting' on the 7th to celebrate the Year of the Rat and pledged to expand exports and achieve a new leap forward in the textile fashion industry.
The event was attended by about 350 people, including Sung Gi-hak, Chairman of the Korea Federation of Textile Industries, Yoo Jung-yeol, Director General of the Ministry of Trade, Industry and Energy, heads of textile fashion organizations, CEOs of the textile fashion industry, and executives and staff from academia and research institutes.
In his New Year's address, Chairman Sung said, "With the advent of the 4th Industrial Revolution and uncertainties in the global trade environment, the business environment surrounding us remains challenging in the new year," and urged, "Let us all work together so that the textile fashion industry can take another leap forward with quality competitiveness in the global market."
He continued, "Let us strengthen cooperation between streams to maintain and develop the domestic production base, and lead the global market through investment in automation and management innovation."
He also asked for continued attention to research and development (R&D) investment for eco-friendliness, another challenge faced by the textile fashion industry.
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