COVID-19 pandemic has brought many challenges and huge impacts on China and even the global economic and social development. The textile and apparel industry has also been seriously affected under this new background. In order to avoid the concentration of people, many governments require stores to be closed, resulting in a 100% drop in turnover. The sudden coronavirus pandemic has caused an unprecedented huge impact on China's textile and apparel market demand.

At the same time, the epidemic has pushed the development of Southeast Asian textile and apparel to the “suspension key”. According to the analysis report "Coronavirus (COVID-19) Impact on Global Trade" released by the United Nations Conference on Trade and Development, the global textile and apparel industry will therefore lose more than US $ 1.5 billion (approximately RMB 10.4 billion), based on export trade. The textile and apparel industry in Southeast Asia, which is supported, has been greatly affected. Due to the spread of the epidemic in Europe and the United States, many international clothing brands based in Southeast Asia have successively cancelled or postponed orders. According to data from the Ministry of Industry and Trade of Vietnam, orders for textiles and footwear in Vietnam will fall by approximately 70% year-on-year in April and May 2020; thousands of garment factories in Bangladesh have been cancelled, and data from the Bangladesh Garment Export Promotion Bureau show that In March, Bangladesh ’s apparel exports fell by more than 20% year-on-year; India ’s comprehensive blockade extended, causing the textile industry chain to almost stagnate; textile and garment production, exports and employment in countries such as Cambodia and Myanmar are generally facing pressure.

Based on the background of global trade environment development, this summit will go deep into the unprecedented crisis ‘s impact on the global textile and apparel supply chain, the latest status of trade development in Asian countries, the current challenges/new risks and coping strategies of Asian textile and garment industry, sourcing shifts and digital transformation of textile and apparel industry. Besides, this conference aims at providing a platform for industry players to learn the latest industry news and intelligence, exchange each sources and personal insights to help out a lot of companies get through this tough time and create a sustainable future