Core Insights - The textile industry is undergoing a significant transformation driven by technology, with innovations such as temperature-regulating polyester garments highlighting this shift [1][3] - The 8th World Fabric Conference emphasized the need for global textile enterprises to focus on technological innovation to seize opportunities in the restructured value chain [3] Industry Trends - The integration of technology and industry is crucial for high-quality development in textiles, with material innovation, technological iteration, and model upgrades identified as key engines [3] - Research institutions, such as Donghua University, are pivotal in advancing textile technology, showcasing products like artificial blood vessels that enhance medical applications [3][4] Digital Transformation - The introduction of the AI Fabric 2.0 model, which consolidates a database of 300,000 fabric entries and connects over 5,000 enterprises, has improved new product development and supply chain efficiency by over 30% [6] - The textile industry in Shaoxing Keqiao has achieved comprehensive digital transformation, with 12 companies recognized as national smart factories, resulting in an average production efficiency increase of 32.2% and a cost reduction of 18% [6] Market Dynamics - Shaoxing Keqiao, recognized as the "International Textile Capital," has established a complete industrial chain, with the China Light Textile City projected to exceed a total transaction volume of 400 billion yuan in 2024 [7] - The region aims to enhance key technologies in high-performance fibers, bio-based materials, and green dyeing, positioning itself as a leading modern textile pilot base in China [7]