Core Insights - The 138th Canton Fair's third phase focuses on "Better Life," showcasing traditional export products such as clothing, textiles, and accessories, highlighting an innovation wave in traditional industries [1] Group 1: Clothing Industry - Shenzhen Aorijin Textile has revitalized the traditional garment industry by pricing products 30% to 50% higher than competitors while maintaining strong order volumes [2] - The company specializes in high-quality uniforms and special workwear, with a focus on durability and advanced sewing techniques, which are considered superior to Southeast Asian manufacturing capabilities [5] - Aorijin's future strategies include flexible talent management for high-value products or fully automated production lines for standardized products [5] Group 2: Hat Industry - Linglong Clothing showcases both traditional and modern hats, indicating a shift in consumer preferences towards functionality and comfort [7] - The market for disposable hats is growing, with younger consumers favoring practicality over formal styles, leading to a decrease in prices but an increase in volume [8] - The company differentiates production based on customer needs, maintaining high-quality manufacturing in China for premium products while outsourcing lower-end products to Southeast Asia [8] Group 3: Eyewear Industry - Pengyi Development has been producing and designing sports eyewear for over 26 years, emphasizing the importance of quality control in manufacturing [9] - The company has upgraded from traditional manufacturing to a comprehensive service model that includes R&D and design, allowing for quicker production times and lower error rates [11] - The global market continues to demand high-quality products that add value to brands, which relies on stringent quality control from Chinese manufacturers [11] Group 4: Bag Industry - Shenzhen Aerospace Far East Industrial reports strong interest from international buyers, particularly from emerging markets [12] - The company responds to price sensitivity by frequently launching new lightweight products, significantly reducing production time compared to competitors [14] - Innovations in bag design, such as reducing weight by over 20%, help the company maintain a competitive edge in the market [14] - The trend indicates that traditional industries can upgrade without abandoning their heritage, leveraging new technologies to enhance established skills [14]