[ 2008-11-26 ]
The Association of Italian Textile Machinery Manufacturers (ACIMIT) and the Italian Institute for Foreign Trade (ICE) will hold two technical workshops on Italian textile machinery for the production of technical textiles and nonwovens in China. The events will occurr in Hangzou (24 February, 2009) and in Wuxi (26 february, 2009).
At the technological meeting about ten Italian manufacturers of machinery for technical textiles and nonwovens will introduce their updated technologies, as well as exchanging views and ideas on technology and holding trade talks with local textile operators.
China is a leading market for the Italian companies involved in the production of textile machinery. In 2007 the Italian sales in Chinese market totalled a value of Euro 360 million, and in the first semester of 2008 the exports reached Euro 173 million. The most requested Italian machinery were the spinning ones (34% of the total export toward China), followed by weaving machines (21%) and knitting machines (20%).
300 Italian companies (with 20,000 employees) that in 2007 produced machinery for a value of about Euro 2,400 million, pay the highest attention to the requests of the textile industry to propose new solutions of innovation, productivity, safety with the utmost satisfaction of their clients.
The quality of the Italian textile technology is testified by the high number of Countries where the Italian machinery are sold: about 130. In 2007 exports represented 78% of total sales. Asia (with a share of 43%) is the main destination for Italian sector exports, followed by Europe (38%), Latin America (9%), North America (5%) and Africa (5%).
The sector of technical and innovative textiles is a reality which is gaining more and more importance in terms of size, thanks to the technological features of its products and to its continuous offer of new and promising market niches.
ACIMIT estimates that about 100 of its member companies are involved in the production of machinery for technical textiles or nonwovens. This sector is observing a steadily growing turnover, accounting for 10% on the total turnover of Italian textile machinery industry.
These workshops in China are part of ACIMIT and Italian Institute for Foreign Trade promotional programme for technical textiles and nonwovens sector, which in 2009 includes also a Meeting Point “Italia” at Techtextil Frankfurt, a workshop in India for automotive textiles, a workshop in the Unites States and other activities focalized on Brazilian market.
2008-11-25
China opens new free-trade harbor area to boost ASEAN trade
[ 2008-11-25 ]
China opened a new bonded harbor on Thursday in a major step toward a free trade zone operation with the Association of Southeast Asian Nations (ASEAN).
The Yangpu Bonded Harbor Area is China's fourth such facility to have preferential tax rates. The harbor, with a first phase of 2.3 sq. km., will cover 9.21 sq. km. when its three stages are completed. It is located in the Yangpu Economic Development Zone (YEDZ), in south China's Hainan Province. It has passed an inspection by the General Administration of Customs.
The three other bonded harbor areas are in Yangshan of Shanghai, Dongjiang of Tianjin and Dayaowan of Dalian, Liaoning Province.
Speaking at a ceremony to launch the Yangpu port, Vice Governor Jiang Sixian promised to make good use of policies involving the port and help turn Hainan into a free trade zone.
Li Lanxue, chief of Haikou Customs, said the Yangpu port would offer tax breaks on imports and rebates on domestic commodities. Inter-company transactions will be exempt from value-added and consumption taxes, in addition to preferential policies in YEDZ.
"The bonded harbor zone will focus on transfer, storage, logistics, processing and trade in energy and raw materials, and will eventually become an ASEAN-oriented business center," said Li.
YEDZ is on the 150-sq-km Yangpu Peninsula in northwestern Hainan, 40 km. north of the provincial capital, Haikou. It covers 30 sq. km.
Established in 1992, the zone was meant to be an export-oriented industrial district focusing on advanced technology and the development of tertiary industry. The 1997 Asia financial crisis, however, had a negative impact on the zone, from which it never fully recovered.
To attract overseas investors, YEDZ has been allowed to offer incentives. The zone's statistics show that domestic and foreign companies have signed investment deals worth 40 billion yuan (about 5.88 billion U.S. dollars) since the Yangpu Bonded Harbor Area was approved for construction in October last year. The deals involve services such as shipping and logistics.
China opened a new bonded harbor on Thursday in a major step toward a free trade zone operation with the Association of Southeast Asian Nations (ASEAN).
The Yangpu Bonded Harbor Area is China's fourth such facility to have preferential tax rates. The harbor, with a first phase of 2.3 sq. km., will cover 9.21 sq. km. when its three stages are completed. It is located in the Yangpu Economic Development Zone (YEDZ), in south China's Hainan Province. It has passed an inspection by the General Administration of Customs.
The three other bonded harbor areas are in Yangshan of Shanghai, Dongjiang of Tianjin and Dayaowan of Dalian, Liaoning Province.
Speaking at a ceremony to launch the Yangpu port, Vice Governor Jiang Sixian promised to make good use of policies involving the port and help turn Hainan into a free trade zone.
Li Lanxue, chief of Haikou Customs, said the Yangpu port would offer tax breaks on imports and rebates on domestic commodities. Inter-company transactions will be exempt from value-added and consumption taxes, in addition to preferential policies in YEDZ.
"The bonded harbor zone will focus on transfer, storage, logistics, processing and trade in energy and raw materials, and will eventually become an ASEAN-oriented business center," said Li.
YEDZ is on the 150-sq-km Yangpu Peninsula in northwestern Hainan, 40 km. north of the provincial capital, Haikou. It covers 30 sq. km.
Established in 1992, the zone was meant to be an export-oriented industrial district focusing on advanced technology and the development of tertiary industry. The 1997 Asia financial crisis, however, had a negative impact on the zone, from which it never fully recovered.
To attract overseas investors, YEDZ has been allowed to offer incentives. The zone's statistics show that domestic and foreign companies have signed investment deals worth 40 billion yuan (about 5.88 billion U.S. dollars) since the Yangpu Bonded Harbor Area was approved for construction in October last year. The deals involve services such as shipping and logistics.
Moisture management fabric for high performance sportswear
[ 2008-11-24 ]
C&F Textile Corp., a Taiwan-based manufacturer of knitting fabrics announced introduction of its latest "single jersey moisture management fabric" which is made from performance fibers and yarns. It has been developed particularly for high-end performance sportswear.
Since cycling has become one of the most popular outdoor activities, the market for performance bike jersey has significantly expanded in recent years and is expected to grow in the next several years. Cycling jersey was originally made from wool, which is nice and warm for cold conditions however it’s definitely not a good idea for heavy activities. Besides, it will become so heavy when it gets wet.
Man-made polyester fibers changed cycle jerseys which has better moisture absorption. Riders may enjoy cycling more and feel comfortable in any temperatures. An analysis concludes that performance sportswear has risen 19.4% over the last four years and will continue to be so. Among the hottest selling knitting fabric was moisture management fabric (MMF) sportswear and is expected to continue growing.
The knitting fabric technology, skills and design capability are well developed which stimulate MMF sportswear continue growing. Manufacturers shift their attention to the high-end moisture management fabrics and introduce sophisticated materials, such as carbon fiber, far infrared fiber, UV-cut fiber, anti-bacteria fiber and minus ion fiber are used in making performance sportswear, e.g. cycling jerseys. On the other hand, a great number of consumers place increasing importance on the performance of apparels as well.
Performance jersey is an issue for the serious athlete but for the majority of riders’ performance cycling jersey is mostly about "comfort". Basically, it’s better to have a good condition of MMF cycling clothes because rider gets hot and sweats while biking. Unbreathable bike clothing keeps perspiration inside the fabric and sticks on skin which is really annoyed riders. In terms of MMF bike clothing, it should keep rider cooler, cleaner and drier after a long hour cycling.
What is MMF?
It’s defined as the ability of fabric’s hygroscopicity and keeping dry. High-end moisture management fabrics are decided by sophisticated materials such as fiber or yarn. A fiber is the smallest visible unit of any textile product. Fibers are flexible and may be spun into yarn and made into fabrics. There are many factors would affect performance of fabrics, such as fiber shape, yarn structure, weaves structure, density of fabric per square meter and after dye process are major factors. The fiber industries developed various special sections for different purposes.
Most MMF has special knitting designed structure on two surfaces, which fabric is able to transfer moisture from inner surface to outer surface and keep the skin dry and comfortable. As MMF has become one of the key performance criteria in today’s sportswear industry, anew method called the moisture management tester is developed to evaluate textile moisture management properties. This new method can be used to quantitatively measure a fabric’s one way transport capacity and its overall moisture management capacity.
C&F Textile Corp., a Taiwan-based manufacturer of knitting fabrics announced introduction of its latest "single jersey moisture management fabric" which is made from performance fibers and yarns. It has been developed particularly for high-end performance sportswear.
Since cycling has become one of the most popular outdoor activities, the market for performance bike jersey has significantly expanded in recent years and is expected to grow in the next several years. Cycling jersey was originally made from wool, which is nice and warm for cold conditions however it’s definitely not a good idea for heavy activities. Besides, it will become so heavy when it gets wet.
Man-made polyester fibers changed cycle jerseys which has better moisture absorption. Riders may enjoy cycling more and feel comfortable in any temperatures. An analysis concludes that performance sportswear has risen 19.4% over the last four years and will continue to be so. Among the hottest selling knitting fabric was moisture management fabric (MMF) sportswear and is expected to continue growing.
The knitting fabric technology, skills and design capability are well developed which stimulate MMF sportswear continue growing. Manufacturers shift their attention to the high-end moisture management fabrics and introduce sophisticated materials, such as carbon fiber, far infrared fiber, UV-cut fiber, anti-bacteria fiber and minus ion fiber are used in making performance sportswear, e.g. cycling jerseys. On the other hand, a great number of consumers place increasing importance on the performance of apparels as well.
Performance jersey is an issue for the serious athlete but for the majority of riders’ performance cycling jersey is mostly about "comfort". Basically, it’s better to have a good condition of MMF cycling clothes because rider gets hot and sweats while biking. Unbreathable bike clothing keeps perspiration inside the fabric and sticks on skin which is really annoyed riders. In terms of MMF bike clothing, it should keep rider cooler, cleaner and drier after a long hour cycling.
What is MMF?
It’s defined as the ability of fabric’s hygroscopicity and keeping dry. High-end moisture management fabrics are decided by sophisticated materials such as fiber or yarn. A fiber is the smallest visible unit of any textile product. Fibers are flexible and may be spun into yarn and made into fabrics. There are many factors would affect performance of fabrics, such as fiber shape, yarn structure, weaves structure, density of fabric per square meter and after dye process are major factors. The fiber industries developed various special sections for different purposes.
Most MMF has special knitting designed structure on two surfaces, which fabric is able to transfer moisture from inner surface to outer surface and keep the skin dry and comfortable. As MMF has become one of the key performance criteria in today’s sportswear industry, anew method called the moisture management tester is developed to evaluate textile moisture management properties. This new method can be used to quantitatively measure a fabric’s one way transport capacity and its overall moisture management capacity.
Hong Kong:Now glow-in-the-dark with Isa Texlight embroidery thread
[ 2008-11-24 ]
The Hong Kong based Amann Asia Limited has recently launched a new glow-in-the-dark embroidery thread named Isa Texlight that can be used in children’s clothing, sportswear, casual wear, bags, satchels, shoes and caps.
Fully produced with polyester, the threads have a linear density (ISO 2060) of about 115 dtex x 2, a tensile strength (ISO 2062) of about 520 cN. The elongation at break (ISO 2062) is approximately 26 percent.
Mr Sanjeev Grewal, Managing Director (India) Amann & Soehne GmbH & Co KG informed Fibre2fashion, “Besides embroidery applications, ISA TEXLIGHT 40 can also be used for decorative sewing applications. To achieve the illuminated effect, we suggest choosing cover stitch seams or serging seams with a high stitch density.”
The Hong Kong based Amann Asia Limited has recently launched a new glow-in-the-dark embroidery thread named Isa Texlight that can be used in children’s clothing, sportswear, casual wear, bags, satchels, shoes and caps.
Fully produced with polyester, the threads have a linear density (ISO 2060) of about 115 dtex x 2, a tensile strength (ISO 2062) of about 520 cN. The elongation at break (ISO 2062) is approximately 26 percent.
Mr Sanjeev Grewal, Managing Director (India) Amann & Soehne GmbH & Co KG informed Fibre2fashion, “Besides embroidery applications, ISA TEXLIGHT 40 can also be used for decorative sewing applications. To achieve the illuminated effect, we suggest choosing cover stitch seams or serging seams with a high stitch density.”
China: More textile export rebates soon
[ 2008-11-24 ]
China is set to raise export tax rebates on textile products to 17 percent after the government unveiled six measures to shore up flagging exports on Wednesday, analysts said.
Although the move hasn't been officially announced, there has been much speculation among industry insiders and experts that higher tax rebates are on the way.
The 21st Century Business Herald newspaper reported that the proposal to increase tax rebates had been agreed to at the State Council's latest executive meeting.
"If it is true, the tax rebates would be lifted to an all-time high, which demonstrates the government's determination to take forceful measures to support the industry," said Ou Zhihang, an analyst with Pingan Securities Research.
The government also decided at Wednesday's meeting to scrap a number of charges on the textile sector and give more credit support to textile exporters' technological upgrading.
From January to October, China's textile and garment exports reached $153.71 billion, up 8.6 percent year-on-year, according to Customs figures.
China has raised export tax rebates three times this year, pushing the rebate level up from 11 to 14 percent. However, analysts worry that the stimulus efforts may not be enough to prevent textile exports from sliding further.
"The toughest time for textile exporters has yet to come. As the global financial crisis unfolds, China's textile exports may not maintain their previous vigorous growth momentum for a long time," said Li Wei, an economist with the Standard Chartered Bank.
"With the economies of China's biggest export destinations - the US, Europe and Japan - falling into technical recession, China's export sector is doomed to take a beating from worsening overseas demand," Ou said.
At the recently concluded China Import and Export Fair, orders received by textile and clothing exhibitors dropped more than 30 percent, according to Qu. He warned this indicates a big contraction in China's export growth next year.
The weakening domestic demand may also cast a shadow over the industry, with textile product retail sales growth slowing to 20.3 percent in October, down from the 32.6 percent a year ago.
China is set to raise export tax rebates on textile products to 17 percent after the government unveiled six measures to shore up flagging exports on Wednesday, analysts said.
Although the move hasn't been officially announced, there has been much speculation among industry insiders and experts that higher tax rebates are on the way.
The 21st Century Business Herald newspaper reported that the proposal to increase tax rebates had been agreed to at the State Council's latest executive meeting.
"If it is true, the tax rebates would be lifted to an all-time high, which demonstrates the government's determination to take forceful measures to support the industry," said Ou Zhihang, an analyst with Pingan Securities Research.
The government also decided at Wednesday's meeting to scrap a number of charges on the textile sector and give more credit support to textile exporters' technological upgrading.
From January to October, China's textile and garment exports reached $153.71 billion, up 8.6 percent year-on-year, according to Customs figures.
China has raised export tax rebates three times this year, pushing the rebate level up from 11 to 14 percent. However, analysts worry that the stimulus efforts may not be enough to prevent textile exports from sliding further.
"The toughest time for textile exporters has yet to come. As the global financial crisis unfolds, China's textile exports may not maintain their previous vigorous growth momentum for a long time," said Li Wei, an economist with the Standard Chartered Bank.
"With the economies of China's biggest export destinations - the US, Europe and Japan - falling into technical recession, China's export sector is doomed to take a beating from worsening overseas demand," Ou said.
At the recently concluded China Import and Export Fair, orders received by textile and clothing exhibitors dropped more than 30 percent, according to Qu. He warned this indicates a big contraction in China's export growth next year.
The weakening domestic demand may also cast a shadow over the industry, with textile product retail sales growth slowing to 20.3 percent in October, down from the 32.6 percent a year ago.
"et-club"entered the Zhongshan U-Best department store
[ 2008-11-21 ]
November 14, "et-club" entered the Zhongshan U-Best department store, becoming the largest children's clothing shop in the first floor. Since then, "et-club" has showed its strength in Shenzhen Futian, Nanshan, Bao’an where knew as “The wind vane of the national brand”.
“et-club” has more than 10 years’ experience of surrogating the national famous brands and is suit for the children from 1 to 15 years old. When it was born, it has won the consumers’ favor.
November 14, "et-club" entered the Zhongshan U-Best department store, becoming the largest children's clothing shop in the first floor. Since then, "et-club" has showed its strength in Shenzhen Futian, Nanshan, Bao’an where knew as “The wind vane of the national brand”.
“et-club” has more than 10 years’ experience of surrogating the national famous brands and is suit for the children from 1 to 15 years old. When it was born, it has won the consumers’ favor.
Textile Town First Have Its National Top 10 Fashion Designer
[ 2008-11-21 ]
On the award stand for China Top 10 fashion designers a Shaoxingese appeared for the first time. In the name list of the 14th China Top 10 Fashion Designers coming out recently, Zhou Jing, design director of Shaoxing county Rainbow Village Garment Co., Ltd. was listed in it. The solid background of fabric design was the key reason to win the award. The insiders think, this can give a motivate to the textile companies who are in transformation and upgrade.
“Zhou Jing engages in fabric design for 16 years, The products designed under her leadership consecutively enter "China Fashion Fabrics" for 17 times. She has won the National Product Development Contribution Award for 3 times.”revealed by the person in charge of China Textile City Urban Construction Management Committee who witnessed the award process. 28 committee members at home and abroad highly praised of not only her design concept but also the fabrics.
Seven years ago, "Rainbow Village" took the advantage over fabric production to start its ladies' wears manufacturing. Cultivating the designers is its import strategy for striding to the downstream. "The facts show that this way is right. Now the high-grade ladies' wear owns a high reputation in the industry circle. This helps the company pave the way for new profits. " Said Ma Jianxin, boss of "Rainbow Village".
"In most people's mind, fashion designers only can be born in fashion cities like Paris and Shanghai. In fact, Shaoxing has the unique advantage on talents' cultivation." A insider said. In fashion design, the fabric factor plays an important role. The color and other factors can directly determine the taste of garment.In the national scale, few fashion designers are familiar with fabric design, but in Shaoxing, there are many such kind of talents.
"Our apparel design concept can be in line with the international level attributes to the rich experience on the fabric market." Zhou Jing said. Because of the high international recognition, Shaoxing textile industry win a large group of high-end international customers, which helps enterprises quickly catch up the international fashion trend and establishes the foundation for fabric manufactures to striding forward to the garment field.
A in-charge person of Shaoxing county government thinks, the upgrade of textile industry has two choices: one is to further develop the fabric industry, the one is to extend the industrial chain to garment industry. Taking either of the two choices needs lots of native designers. The top designers like Zhou Jing build up the confidence of Shaoxing textile industry which is under transformation and upgrade. According to the report, the county currently has established the textile upgrade integrated with "technological innovation, brand construction and vision creation". Cultivating the native designers becomes the crucial point among them.
On the award stand for China Top 10 fashion designers a Shaoxingese appeared for the first time. In the name list of the 14th China Top 10 Fashion Designers coming out recently, Zhou Jing, design director of Shaoxing county Rainbow Village Garment Co., Ltd. was listed in it. The solid background of fabric design was the key reason to win the award. The insiders think, this can give a motivate to the textile companies who are in transformation and upgrade.
“Zhou Jing engages in fabric design for 16 years, The products designed under her leadership consecutively enter "China Fashion Fabrics" for 17 times. She has won the National Product Development Contribution Award for 3 times.”revealed by the person in charge of China Textile City Urban Construction Management Committee who witnessed the award process. 28 committee members at home and abroad highly praised of not only her design concept but also the fabrics.
Seven years ago, "Rainbow Village" took the advantage over fabric production to start its ladies' wears manufacturing. Cultivating the designers is its import strategy for striding to the downstream. "The facts show that this way is right. Now the high-grade ladies' wear owns a high reputation in the industry circle. This helps the company pave the way for new profits. " Said Ma Jianxin, boss of "Rainbow Village".
"In most people's mind, fashion designers only can be born in fashion cities like Paris and Shanghai. In fact, Shaoxing has the unique advantage on talents' cultivation." A insider said. In fashion design, the fabric factor plays an important role. The color and other factors can directly determine the taste of garment.In the national scale, few fashion designers are familiar with fabric design, but in Shaoxing, there are many such kind of talents.
"Our apparel design concept can be in line with the international level attributes to the rich experience on the fabric market." Zhou Jing said. Because of the high international recognition, Shaoxing textile industry win a large group of high-end international customers, which helps enterprises quickly catch up the international fashion trend and establishes the foundation for fabric manufactures to striding forward to the garment field.
A in-charge person of Shaoxing county government thinks, the upgrade of textile industry has two choices: one is to further develop the fabric industry, the one is to extend the industrial chain to garment industry. Taking either of the two choices needs lots of native designers. The top designers like Zhou Jing build up the confidence of Shaoxing textile industry which is under transformation and upgrade. According to the report, the county currently has established the textile upgrade integrated with "technological innovation, brand construction and vision creation". Cultivating the native designers becomes the crucial point among them.
Jiujiang Chemical Fiber Industry Cluster Forming
[ 2008-11-21 ]
Jiujiang of Jiangxi Province had attracted more than 80 entrepreneurs from all over the country recently to attend its business invitation event for chemical fiber textile industry. Seven projected were signed during the event, including Veken Dyeing & Printing program. The total investment reached 3.9 billion yuan. The 100-year-history textile town was going to revitalie again.
It was anticipated that the capacity of viscose fiber in this city could reach 500,000 tons by year 2015, spinning with 1.5 milion spindles, weaving for 100 milion meters, dyeing with 80 million meters and clothing for 4 milion pieces. A new textile cluster in middle China was forming.
Jiujiang of Jiangxi Province had attracted more than 80 entrepreneurs from all over the country recently to attend its business invitation event for chemical fiber textile industry. Seven projected were signed during the event, including Veken Dyeing & Printing program. The total investment reached 3.9 billion yuan. The 100-year-history textile town was going to revitalie again.
It was anticipated that the capacity of viscose fiber in this city could reach 500,000 tons by year 2015, spinning with 1.5 milion spindles, weaving for 100 milion meters, dyeing with 80 million meters and clothing for 4 milion pieces. A new textile cluster in middle China was forming.
"Hot inside, though Dull outside" Domestic Sales in China Textile City Stay Hot
[ 2008-11-21 ]
A few days ago, Boss Zhang on Union Market of China Textile City, made a delivery of large quantities of anti-static fabrics to a customer of Shandong Povince. As it was introduced, these fabrics will be used to make work wears to keep workers away from the accidents caused by static electricity. Boss Zhang told the reporter, after the international financial crisis happened, the international textile trade market dropped into the downturn, but the domestic market still remains a busy trend on sales. He believed that since the country recently pushed out the new policy to stimulate the economy, the domestic trade in China Textile City would become busier.
Known from reports, after the international financial crisis broke out, some trading companies declined the foreign orders for fear of the business risks. However, in China Textile City, in contrast with the situation of the foreign trade companies, those business runners focusing on domestic trade have a better life, the sales situation also can be relatively optimistic. Shaoxing Haoshiguang Textile Co., Ltd. Located on the fifth floor on District 5, Northern Market, is a famous curtain and curtain gauze manufacturing enterprise in China Textile City. The related person in charge from this company told the reporter, because of the long time focus on domestic market, the international financial crisis have no obvious impact on the product sales volume. Many customers all over the country constantly contact them for the product purchase.
Zhejiang Meidefeng Trading Co., Ltd. another well-known company in China Textile City, suffered a lot from the hotness and coldness of current domestic and foreign trade markets. The person in charge from this company introduced, the company has home and overseas trade business, relatively half to half. However, the foreign trade business is shrinking sharply, while the domestic trade business increasing higher compared with last year.
On the domestic market, the consumer demand keeps steady, the consumption power of Chinese people increases gradually. Noticing the good development of business runners focusing on domestic trade, lots of foreign trade companies in China Textile City change their strategies, paying more attention on the domestic market. Mr. Zhang, Boss of one trading company at Kebei, told the reporter, the former business of the company is mainly on the export. But this year, he started to contact with some domestic garment manufacturers in the hope of quickly being familiar with the domestic textile market for the seek of developing through two channels.
According to the data, by the end of September, the turnover of China Textile City Market reaches 37.256 billion yuan, up by 7.4% than last year. A relevant analyst pointed out, the current China Textile City market is mainly on domestic trade, the country will take four measures to stimulate the domestic demand, China Textile City as the largest domestic textile trade center, the business runners in it will benefit a lot from this policy, and the sales situation will get better
A few days ago, Boss Zhang on Union Market of China Textile City, made a delivery of large quantities of anti-static fabrics to a customer of Shandong Povince. As it was introduced, these fabrics will be used to make work wears to keep workers away from the accidents caused by static electricity. Boss Zhang told the reporter, after the international financial crisis happened, the international textile trade market dropped into the downturn, but the domestic market still remains a busy trend on sales. He believed that since the country recently pushed out the new policy to stimulate the economy, the domestic trade in China Textile City would become busier.
Known from reports, after the international financial crisis broke out, some trading companies declined the foreign orders for fear of the business risks. However, in China Textile City, in contrast with the situation of the foreign trade companies, those business runners focusing on domestic trade have a better life, the sales situation also can be relatively optimistic. Shaoxing Haoshiguang Textile Co., Ltd. Located on the fifth floor on District 5, Northern Market, is a famous curtain and curtain gauze manufacturing enterprise in China Textile City. The related person in charge from this company told the reporter, because of the long time focus on domestic market, the international financial crisis have no obvious impact on the product sales volume. Many customers all over the country constantly contact them for the product purchase.
Zhejiang Meidefeng Trading Co., Ltd. another well-known company in China Textile City, suffered a lot from the hotness and coldness of current domestic and foreign trade markets. The person in charge from this company introduced, the company has home and overseas trade business, relatively half to half. However, the foreign trade business is shrinking sharply, while the domestic trade business increasing higher compared with last year.
On the domestic market, the consumer demand keeps steady, the consumption power of Chinese people increases gradually. Noticing the good development of business runners focusing on domestic trade, lots of foreign trade companies in China Textile City change their strategies, paying more attention on the domestic market. Mr. Zhang, Boss of one trading company at Kebei, told the reporter, the former business of the company is mainly on the export. But this year, he started to contact with some domestic garment manufacturers in the hope of quickly being familiar with the domestic textile market for the seek of developing through two channels.
According to the data, by the end of September, the turnover of China Textile City Market reaches 37.256 billion yuan, up by 7.4% than last year. A relevant analyst pointed out, the current China Textile City market is mainly on domestic trade, the country will take four measures to stimulate the domestic demand, China Textile City as the largest domestic textile trade center, the business runners in it will benefit a lot from this policy, and the sales situation will get better
INVISTA opens new airbag fiber plant in Shanghai
[ 2008-11-21 ]
Largest of its kind in China will bring 11,000 tons of fibers per year to meet growing demand in automotive safety airbags
INVISTA, one of the world’s largest integrated fibers and polymers businesses, opened its new airbag fiber manufacturing plant in Qingpu District, Shanghai. The new facility, the largest of its kind in China, specializes in producing high-quality, high-tenacity nylon 6,6 fiber with major applications in safety airbags for the automotive industry.
With an investment of more than US$50 million, the new plant will be part of INVISTA’s global manufacturing network that has been supplying airbag fiber material to the automotive industry since the 1980’s.
”We see great potential in the airbags market in Asia,” said Dan Stone, president of Performance Surfaces & Materials at INVISTA. ”The establishment of the new airbag fiber manufacturing plant signifies our commitment to address the growing needs of airbags and other high-tenacity nylon fibers in the region.”
“We expected growth potential in automotive airbags in Asia beginning in 2008 when we reviewed our investment opportunities a few years ago, so it is great to see this plant starting up this year,” Stone added.
In addition to Stone and other executives from INVISTA, today’s opening ceremony was attended by senior leaders of the Shanghai Qingpu District Government, Shanghai Qingpu Industrial Zone, and other government organizations, as well as some of the company’s key customers.
The plant, situated in Shanghai, is close to major automotive supply chains. The new facility’s location and capacity will allow INVISTA to respond swiftly and flexibly to local, regional and global customers’ needs.
With the facility going into operation, INVISTA is now the only international company that has wholly-owned airbag fiber capacity on three major continents: Europe, North America and Asia. This presence gives INVISTA a unique ability to supply customers around the world with our high-quality products.
“At INVISTA, we strive to create real, sustainable long-term value for our customers and society,” said Stone. “We are deploying our state-of-the-art technology at the new plant and operating it at the highest levels of environmental, health and safety performance."
INVISTA’s global presence, leadership and commitment in the nylon industry have taken it forward to become a world leader in premium fibers and materials for automotive, interior and industrial nylon applications.
In China, the company has wholly-owned or venture manufacturing sites in Foshan, Guangdong province, Qingpu, Shanghai and Lianyungang, Jiangsu province producing spandex and nylon fibers. INVISTA has also demonstrated a strong commitment to the China market with a new textile research center being constructed in Shanghai, an expansion of the spandex operations in Foshan, and plans for the establishment of a nylon 6,6 intermediates plant in Shanghai.
Largest of its kind in China will bring 11,000 tons of fibers per year to meet growing demand in automotive safety airbags
INVISTA, one of the world’s largest integrated fibers and polymers businesses, opened its new airbag fiber manufacturing plant in Qingpu District, Shanghai. The new facility, the largest of its kind in China, specializes in producing high-quality, high-tenacity nylon 6,6 fiber with major applications in safety airbags for the automotive industry.
With an investment of more than US$50 million, the new plant will be part of INVISTA’s global manufacturing network that has been supplying airbag fiber material to the automotive industry since the 1980’s.
”We see great potential in the airbags market in Asia,” said Dan Stone, president of Performance Surfaces & Materials at INVISTA. ”The establishment of the new airbag fiber manufacturing plant signifies our commitment to address the growing needs of airbags and other high-tenacity nylon fibers in the region.”
“We expected growth potential in automotive airbags in Asia beginning in 2008 when we reviewed our investment opportunities a few years ago, so it is great to see this plant starting up this year,” Stone added.
In addition to Stone and other executives from INVISTA, today’s opening ceremony was attended by senior leaders of the Shanghai Qingpu District Government, Shanghai Qingpu Industrial Zone, and other government organizations, as well as some of the company’s key customers.
The plant, situated in Shanghai, is close to major automotive supply chains. The new facility’s location and capacity will allow INVISTA to respond swiftly and flexibly to local, regional and global customers’ needs.
With the facility going into operation, INVISTA is now the only international company that has wholly-owned airbag fiber capacity on three major continents: Europe, North America and Asia. This presence gives INVISTA a unique ability to supply customers around the world with our high-quality products.
“At INVISTA, we strive to create real, sustainable long-term value for our customers and society,” said Stone. “We are deploying our state-of-the-art technology at the new plant and operating it at the highest levels of environmental, health and safety performance."
INVISTA’s global presence, leadership and commitment in the nylon industry have taken it forward to become a world leader in premium fibers and materials for automotive, interior and industrial nylon applications.
In China, the company has wholly-owned or venture manufacturing sites in Foshan, Guangdong province, Qingpu, Shanghai and Lianyungang, Jiangsu province producing spandex and nylon fibers. INVISTA has also demonstrated a strong commitment to the China market with a new textile research center being constructed in Shanghai, an expansion of the spandex operations in Foshan, and plans for the establishment of a nylon 6,6 intermediates plant in Shanghai.
Taiwan TTRI inks agreement with TUV Rheinland
[ 2008-11-21 ]
Taiwan Textile Research Institute (TTRI) yesterday signed a collaboration agreement with German-based technical services provider TUV Rheinland Group for testing and certification of personal protective equipment (PPE).
“In the past, products had to be approved here first and then taken to Europe to be certified,” said Bai Chi-chung, TTRI president, during the signing ceremony at TTRI. “Now they can be certified right here in Taiwan so that saves a lot of time and cost.” In fact, the collaboration reduces the lead time from six to eight weeks, down to three weeks, noted Bai.
TTRI labs have been audited and accepted by TUV Rheinland for CE certification, a mandatory marking on many products placed on the single market in the European Economic Area (EEA) to indicate conformity with the market’s essential health and safety requirements. The agreement covers PPEs such as high-visibility clothing, thermal protection workwear, cut-resistance gloves, and motorcyclist knee and back protectors. According to the president, PPEs are one of the most value-added products among technical textiles, the main research and development (R&D) focus of Taiwan’s textile industry.
“The cooperation ... translates into direct savings for the manufacturers,” said Ralf Scheller, managing director of TUV Rheinland Taiwan.
The collaboration also reassures retailers, buyers, as well as end consumers that products meet all the legal environmental requirements, and that manufacturers are compliant with social and ethical aspects, which is an increasing concern among European consumers, added Scheller.
“Another opportunity is the support that we can provide to brand name owners ... to protect their own brand name,” said Scheller, citing an 8 percent global trade figure of counterfeit products. “I think brand name owners as well as retailers are looking increasingly at the possibility to lose their reputation when products that do not comply are discovered in the European market.”
“We do not only help manufacturers discover the risk and mitigate this risk, but we can also make sure that within the supply chain, products are traceable so that the retailers, consumers and authorities can verify through an internet-based platform that the products ... are authentic,” added the managing director. “In the end, this will increase the confidence in the products and will open up new opportunities.”
Scheller further advised Taiwanese manufacturers “to cover all the different market requirements with their product at once,” not only going for compliance in the European market but also for others such as the American, Japanese, and Chinese markets in order to be able to export globally and without modification.
“Compliance can in many cases easily be reached, and very often, at least with the European market, manufacturers are responsible to verify that their products comply and ... to provide data to the market surveillance authorities,” explained Scheller. “There is not necessarily any third party mandatory certification required, only in some cases where ... products pose a certain risk that exceeds the acceptable levels.”
According to Scheller, TUV Rheinland has been working for over a decade on the certification of PPEs in Taiwan, particularly related to sports activities, such as protection equipment for knees and elbows, as well as helmets.
Taiwan Textile Research Institute (TTRI) yesterday signed a collaboration agreement with German-based technical services provider TUV Rheinland Group for testing and certification of personal protective equipment (PPE).
“In the past, products had to be approved here first and then taken to Europe to be certified,” said Bai Chi-chung, TTRI president, during the signing ceremony at TTRI. “Now they can be certified right here in Taiwan so that saves a lot of time and cost.” In fact, the collaboration reduces the lead time from six to eight weeks, down to three weeks, noted Bai.
TTRI labs have been audited and accepted by TUV Rheinland for CE certification, a mandatory marking on many products placed on the single market in the European Economic Area (EEA) to indicate conformity with the market’s essential health and safety requirements. The agreement covers PPEs such as high-visibility clothing, thermal protection workwear, cut-resistance gloves, and motorcyclist knee and back protectors. According to the president, PPEs are one of the most value-added products among technical textiles, the main research and development (R&D) focus of Taiwan’s textile industry.
“The cooperation ... translates into direct savings for the manufacturers,” said Ralf Scheller, managing director of TUV Rheinland Taiwan.
The collaboration also reassures retailers, buyers, as well as end consumers that products meet all the legal environmental requirements, and that manufacturers are compliant with social and ethical aspects, which is an increasing concern among European consumers, added Scheller.
“Another opportunity is the support that we can provide to brand name owners ... to protect their own brand name,” said Scheller, citing an 8 percent global trade figure of counterfeit products. “I think brand name owners as well as retailers are looking increasingly at the possibility to lose their reputation when products that do not comply are discovered in the European market.”
“We do not only help manufacturers discover the risk and mitigate this risk, but we can also make sure that within the supply chain, products are traceable so that the retailers, consumers and authorities can verify through an internet-based platform that the products ... are authentic,” added the managing director. “In the end, this will increase the confidence in the products and will open up new opportunities.”
Scheller further advised Taiwanese manufacturers “to cover all the different market requirements with their product at once,” not only going for compliance in the European market but also for others such as the American, Japanese, and Chinese markets in order to be able to export globally and without modification.
“Compliance can in many cases easily be reached, and very often, at least with the European market, manufacturers are responsible to verify that their products comply and ... to provide data to the market surveillance authorities,” explained Scheller. “There is not necessarily any third party mandatory certification required, only in some cases where ... products pose a certain risk that exceeds the acceptable levels.”
According to Scheller, TUV Rheinland has been working for over a decade on the certification of PPEs in Taiwan, particularly related to sports activities, such as protection equipment for knees and elbows, as well as helmets.
CNCS Color System Highlights InterTextile
[ 2008-11-21 ]
CNCS Color System, introduced by China Textile Information Center, was welcome from the industry in home and abroad in the InterTextile show in Shanghai last month.
During the exposition, buyers from the US, Europe and Japan expressed their interests in the CNCS color system. This system was developed on the basis of China national standard color system. It aimed to serve the most authoritative and fashionable color communication tool and management solution for entire supply chain. Sun Ruizhe, the Vice President of CNTAC told TI Weekly that the color supply chain mangement, featured by fashion trend and quality mangement, had become a highlight in the integrated innovation of China textile and apparel industry chain. The establishment of CNCS color system was to change the absence of say about color for Chinese companies in the standard default.
CNCS Color System, introduced by China Textile Information Center, was welcome from the industry in home and abroad in the InterTextile show in Shanghai last month.
During the exposition, buyers from the US, Europe and Japan expressed their interests in the CNCS color system. This system was developed on the basis of China national standard color system. It aimed to serve the most authoritative and fashionable color communication tool and management solution for entire supply chain. Sun Ruizhe, the Vice President of CNTAC told TI Weekly that the color supply chain mangement, featured by fashion trend and quality mangement, had become a highlight in the integrated innovation of China textile and apparel industry chain. The establishment of CNCS color system was to change the absence of say about color for Chinese companies in the standard default.
LV Opens New Flagship Store In Dalian Times Square
[ 2008-11-20 ]
The French luxury brand Louis Vuitton has opened a new flagship store in the Dalian Times Square in Liaoning province.
The chairman of Louis Vuitton, Yves Carcelle, and the president of Louis Vuitton in China, Christopher Zanardi-Landi, attended the opening ceremony.
The two-floor Dalian Times Square flagship store covers a total area of 1,104 square meters, of which 900 square meters form the business area. The first floor of the new Louis Vuitton store is divided into a men's products area and a travel bags display area while the second floor has a women's products area, a VIP room, and a watch area. Products sold in these areas include travel goods, bags, shoes, apparels, watches, jewellery, and accessories.
The Dalian Times Square flagship store is Louis Vuitton's third flagship store in China. Having previously opened two Chinese flagship stores in Beijing and Shanghai, Louis Vuitton now owns 27 specialty stores on Chinese mainland.
The French luxury brand Louis Vuitton has opened a new flagship store in the Dalian Times Square in Liaoning province.
The chairman of Louis Vuitton, Yves Carcelle, and the president of Louis Vuitton in China, Christopher Zanardi-Landi, attended the opening ceremony.
The two-floor Dalian Times Square flagship store covers a total area of 1,104 square meters, of which 900 square meters form the business area. The first floor of the new Louis Vuitton store is divided into a men's products area and a travel bags display area while the second floor has a women's products area, a VIP room, and a watch area. Products sold in these areas include travel goods, bags, shoes, apparels, watches, jewellery, and accessories.
The Dalian Times Square flagship store is Louis Vuitton's third flagship store in China. Having previously opened two Chinese flagship stores in Beijing and Shanghai, Louis Vuitton now owns 27 specialty stores on Chinese mainland.
Steam Calendered Multi-chemical fiber T/R80/20 Yarn Wool-like Sell Well Partially in China Textile City
[ 2008-11-20 ]
Recently, on fabric market of China textile city, early winter heavy wool-like fabrics tend to sell actively in partial areas in the daily trade. In these days, the target early winter multi-chemical fiber wool-like fabrics sell well at the market shops. On the first floor of western market and the second floor of eastern market in China textile city, few shops have already displayed "Steam Calendered Multi-chemical fiber T/R80/20 Yarn Wool-like", which is welcomed by all customers. The sales on small quantities in several batches are very active in partial areas. Part of large market shops sometimes receive medium-size subscription. The fabric sells well for its new style and high quality.
This kind of fabric, warp(1)filament 75D Caili filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister),(2)filament 75DDTY low-elastic filament twisted 75D Caili filament twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), (3)filament 75DDTY low-elastic filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), weft (A)filament 75D Caili filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister),(B)filament 75DDTY low-elastic filament twisted 75D Caili filament twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), (C)filament 75DDTY low-elastic filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister). The fabric represents the new weaving style with the warp double-layer weave and the weft single-layer weave, having satin texture. After reducing mild alkali and weak alkali each for one time, the fabric possesses a soft handle and good drape property, with excellent dying and finishing processes and good color fastness. The finished fabrics are mainly in dark black, navy, dark blue and coffee. After the processes such as pre-shrinking, dyeing and finishing, and setting, and adopting the steam calendering and singing methods, the surface of the fabric becomes soft and loose.The finished fabric has reliable quality, not pill up while worn and not easy to fade when washed. The fabric, no matter on the handle or on color fastness, exceeds other products in the same category.
The recent wholesale price of the fabric in width 150 cm and about 480?20 g/m is between 12.60?3.00 yuan/m. The fabric is the ideal fabric used to make earlier winter casual suits and trousers and earlier winter ladies' profession wear. The fabrics in target colors can used to all men and wen at any age. Due to the composition proportion of raw materials, new styles, excellent processes in dyeing and finishing and steam calendering, the fabric is welcomed by all customers from the target second markets, catering for the consumption demand "pursuing new styles, differentiation and economy"of town and countryside residents . The purchase in small volume and different varieties is relatively active. The fabrics in target colors are casually ordered by private-owned apparel manufacturers for medium volume, casually medium subscription can be received; The fabrics in special colors are mainly ordered by trading companies after checking samples, the order price for small quantity rise up slightly. This kind of fabric are particularly welcomed by the target customers from medium and large-size markets of Guangzhou, Guangdong Puning Liusha Textile Market, Beijing Wanxin Market, Shijiazhuang Hebei, Liaoning Haicheng Xiliu Market, Nanchang Jiangxi, Jimo Shandong, Zhenzhou Henan, Kunming Yunnan, Wuhan Hubei and Wuhu Anhui and so forth. The orders for small quantity of fabrics in various colors are very active. To the fabric in target colors, medium orders sometimes can be received. From the back gate of eastern market to the market bridge, the packing transaction is very busy, a large volume for packing and shipment can be seen.
With the influence of the international financial crisis, the international crude oil price slumped to UDS 60 a barrel. The prices of polyester materials PTA and MEG, and polyester chips go weakly, so did the polyester filament price. The price of T/R yarn dropped down. Multi-chemical fiber T/R80/20 yarn wool-like grey cloth had a slight decrease in price. The order price for large quantity of popular finished dyed fabric was lowered to about 0.10?.20 yuan/m. The spot price of staple goods which largely come into the market had small discount to about 0.20?.30 yuan/m, while the order prices for small quantities of novel fabrics keep rising stably in partial large business market shops.
As the prices of polyester filament and T/R yarn tend to lurch deeply, multi-chemical fiber T/R80/20 yarn wool-like series have a slight decrease accordingly. Some target customers place no orders due to the soaring price on polyester filament in the previous period. However, as the polyester filament price falls back recently, most market dealers offer small discount on spot sales and order price for large volumes and start the business strategy of small profits but quick turnover to attract target customers, so target customers place orders largely, and the daily business goes smoothly in partial areas.
Recently, on fabric market of China textile city, early winter heavy wool-like fabrics tend to sell actively in partial areas in the daily trade. In these days, the target early winter multi-chemical fiber wool-like fabrics sell well at the market shops. On the first floor of western market and the second floor of eastern market in China textile city, few shops have already displayed "Steam Calendered Multi-chemical fiber T/R80/20 Yarn Wool-like", which is welcomed by all customers. The sales on small quantities in several batches are very active in partial areas. Part of large market shops sometimes receive medium-size subscription. The fabric sells well for its new style and high quality.
This kind of fabric, warp(1)filament 75D Caili filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister),(2)filament 75DDTY low-elastic filament twisted 75D Caili filament twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), (3)filament 75DDTY low-elastic filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), weft (A)filament 75D Caili filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister),(B)filament 75DDTY low-elastic filament twisted 75D Caili filament twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister), (C)filament 75DDTY low-elastic filament twisted 75D Leolea twisted 100DPOY filament twisted 32ST/R80/20 yarn (adopt 900 low-twisted twister). The fabric represents the new weaving style with the warp double-layer weave and the weft single-layer weave, having satin texture. After reducing mild alkali and weak alkali each for one time, the fabric possesses a soft handle and good drape property, with excellent dying and finishing processes and good color fastness. The finished fabrics are mainly in dark black, navy, dark blue and coffee. After the processes such as pre-shrinking, dyeing and finishing, and setting, and adopting the steam calendering and singing methods, the surface of the fabric becomes soft and loose.The finished fabric has reliable quality, not pill up while worn and not easy to fade when washed. The fabric, no matter on the handle or on color fastness, exceeds other products in the same category.
The recent wholesale price of the fabric in width 150 cm and about 480?20 g/m is between 12.60?3.00 yuan/m. The fabric is the ideal fabric used to make earlier winter casual suits and trousers and earlier winter ladies' profession wear. The fabrics in target colors can used to all men and wen at any age. Due to the composition proportion of raw materials, new styles, excellent processes in dyeing and finishing and steam calendering, the fabric is welcomed by all customers from the target second markets, catering for the consumption demand "pursuing new styles, differentiation and economy"of town and countryside residents . The purchase in small volume and different varieties is relatively active. The fabrics in target colors are casually ordered by private-owned apparel manufacturers for medium volume, casually medium subscription can be received; The fabrics in special colors are mainly ordered by trading companies after checking samples, the order price for small quantity rise up slightly. This kind of fabric are particularly welcomed by the target customers from medium and large-size markets of Guangzhou, Guangdong Puning Liusha Textile Market, Beijing Wanxin Market, Shijiazhuang Hebei, Liaoning Haicheng Xiliu Market, Nanchang Jiangxi, Jimo Shandong, Zhenzhou Henan, Kunming Yunnan, Wuhan Hubei and Wuhu Anhui and so forth. The orders for small quantity of fabrics in various colors are very active. To the fabric in target colors, medium orders sometimes can be received. From the back gate of eastern market to the market bridge, the packing transaction is very busy, a large volume for packing and shipment can be seen.
With the influence of the international financial crisis, the international crude oil price slumped to UDS 60 a barrel. The prices of polyester materials PTA and MEG, and polyester chips go weakly, so did the polyester filament price. The price of T/R yarn dropped down. Multi-chemical fiber T/R80/20 yarn wool-like grey cloth had a slight decrease in price. The order price for large quantity of popular finished dyed fabric was lowered to about 0.10?.20 yuan/m. The spot price of staple goods which largely come into the market had small discount to about 0.20?.30 yuan/m, while the order prices for small quantities of novel fabrics keep rising stably in partial large business market shops.
As the prices of polyester filament and T/R yarn tend to lurch deeply, multi-chemical fiber T/R80/20 yarn wool-like series have a slight decrease accordingly. Some target customers place no orders due to the soaring price on polyester filament in the previous period. However, as the polyester filament price falls back recently, most market dealers offer small discount on spot sales and order price for large volumes and start the business strategy of small profits but quick turnover to attract target customers, so target customers place orders largely, and the daily business goes smoothly in partial areas.
Lenzing Fibers Awarded Nordic Swan Ecolabel
[ 2008-11-19 ]
Austria-based cellulosic fiber manufacturer Lenzing Fibers has been awarded the Nordic Swan Ecolabel. The Nordic Ecolabel introduced by the Nordic Council of Ministers, headquartered in Sweden certification system identifies products that have been produced in an environmentally friendly manner. Lenzing is the first fiber producer globally to be certified, receiving certification for its Grimsby, England; Heiligenkreuz, Austria; and Lenzing, Austria, production facilities. The company also plans to expand the certification to include its Tencel® production site in Mobile, Ala.
Under the Swan certification program, products are evaluated according to extensive criteria including chemical usage; emission values; water consumption; land utilization and energy use; product disposal; and product quality and functionality.
Lenzing Viscose® and Tencel fibers are derived from sustainable raw material and wood, and are produced in a way that optimizes resource usage. Products composed of 100-percent Lenzing Viscose or Tencel fibers are fully biodegradable.
Austria-based cellulosic fiber manufacturer Lenzing Fibers has been awarded the Nordic Swan Ecolabel. The Nordic Ecolabel introduced by the Nordic Council of Ministers, headquartered in Sweden certification system identifies products that have been produced in an environmentally friendly manner. Lenzing is the first fiber producer globally to be certified, receiving certification for its Grimsby, England; Heiligenkreuz, Austria; and Lenzing, Austria, production facilities. The company also plans to expand the certification to include its Tencel® production site in Mobile, Ala.
Under the Swan certification program, products are evaluated according to extensive criteria including chemical usage; emission values; water consumption; land utilization and energy use; product disposal; and product quality and functionality.
Lenzing Viscose® and Tencel fibers are derived from sustainable raw material and wood, and are produced in a way that optimizes resource usage. Products composed of 100-percent Lenzing Viscose or Tencel fibers are fully biodegradable.
Advanced-Fiber Center Of Economic Excellence To Be Established At Clemson
[ 2008-11-19 ]
The State of South Carolina and a group of private donors have raised $8 million to establish the Advanced Fiber-based Materials Center of Economic Excellence (COEE) at Clemson University.
COEE researchers at the Center will study fibrous natural and man-made-polymer-based materials systems and manufacturing technologies, including the development and initial commercialization of new materials and processes. Research also will target metal-, ceramic- and polymer-based fiber-reinforced composite materials for the development of high-performance, lightweight automotive, aerospace, athletic equipment and medical prosthetic applications. The center will collaborate with Clemson's Natural Science Foundation established by the Center for Advanced Engineering Fibers and Films and will be home to the J.E. Sirrine Textile Foundation Endowed Chair in Advanced Fiber-based Materials.
"Our generous donors have helped the School of Materials Science and Engineering achieve a milestone that will have tremendous educational and economic impact," said COEE Director Kathleen Richardson. "We are very grateful for their investment, as the benefits will extend far beyond Clemson and the state of South Carolina. Participation by such a diverse range of fiber-based companies and private individuals in this initiative shows the strength of this community and an admirable willingness to work together to retool and retrain the knowledge base that exists across fiber disciplines within the state."
In 2006, the South Carolina Centers of Economic Excellence Program awarded COEE $4 million, which has been matched with private funds. The following industrial partners and individuals established endowments and made investments totaling $4 million: Greer, S.C.-based J.E. Sirrine Textile Foundation Inc.; Greenville-based Kentwool; Brian Morin, CEO, Greer, S.C.-based Innegrity LLC, and Amanda Morin; Columbus, Ohio-based Mettler Toledo Inc.; Inman, S.C.-based Inman-Riverdale Foundation Inc.; Carey Jordan and Brian Simmons; Grand Rapids, Mich.-based X-Rite Inc., Mr. and Mrs. H. Jack McCall; the estate of Elizabeth F. Rivers; Glen Raven, N.C.-based Glen Raven Inc.; Alfred W. Thomas III, president, Greenville-based Frankl & Thomas Inc.; and two anonymous donors.
The State of South Carolina and a group of private donors have raised $8 million to establish the Advanced Fiber-based Materials Center of Economic Excellence (COEE) at Clemson University.
COEE researchers at the Center will study fibrous natural and man-made-polymer-based materials systems and manufacturing technologies, including the development and initial commercialization of new materials and processes. Research also will target metal-, ceramic- and polymer-based fiber-reinforced composite materials for the development of high-performance, lightweight automotive, aerospace, athletic equipment and medical prosthetic applications. The center will collaborate with Clemson's Natural Science Foundation established by the Center for Advanced Engineering Fibers and Films and will be home to the J.E. Sirrine Textile Foundation Endowed Chair in Advanced Fiber-based Materials.
"Our generous donors have helped the School of Materials Science and Engineering achieve a milestone that will have tremendous educational and economic impact," said COEE Director Kathleen Richardson. "We are very grateful for their investment, as the benefits will extend far beyond Clemson and the state of South Carolina. Participation by such a diverse range of fiber-based companies and private individuals in this initiative shows the strength of this community and an admirable willingness to work together to retool and retrain the knowledge base that exists across fiber disciplines within the state."
In 2006, the South Carolina Centers of Economic Excellence Program awarded COEE $4 million, which has been matched with private funds. The following industrial partners and individuals established endowments and made investments totaling $4 million: Greer, S.C.-based J.E. Sirrine Textile Foundation Inc.; Greenville-based Kentwool; Brian Morin, CEO, Greer, S.C.-based Innegrity LLC, and Amanda Morin; Columbus, Ohio-based Mettler Toledo Inc.; Inman, S.C.-based Inman-Riverdale Foundation Inc.; Carey Jordan and Brian Simmons; Grand Rapids, Mich.-based X-Rite Inc., Mr. and Mrs. H. Jack McCall; the estate of Elizabeth F. Rivers; Glen Raven, N.C.-based Glen Raven Inc.; Alfred W. Thomas III, president, Greenville-based Frankl & Thomas Inc.; and two anonymous donors.
Total Retail Sales of Consumer Goods Kept Climbing in October
[ 2008-11-19 ]
The total retail sales of consumer goods in October reached 1008.3 billion yuan, a year-on-year increase of 22.0 percent.
In terms of different regions, the retail sales of consumer goods in urban areas amounted to 683.3 billion yuan, rose by 22.1 percent over the same period of the previous year; retail sales at and below the county level achieved 324.9 billion yuan, up by 21.9 percent.
In terms of different industries, the retail sales of wholesale and retail trades stood at 841.1 billion yuan, a year-on-yeincrease of 21.9 percent; that of hotel and catering services was 147.3 billion yuan, up by 25.8 percent; that of other industries was 19.8 billion yuan, up by 3.0 percent.
In terms of different commodity categories, the retail sales above designated size of wholesale and retail trades, divided by foodstuff, clothing and utilized commodities increased 13.1, 18.7 and 19.4 percent respectively. Of which, the retail sales for grain and oil, meat, poultry and eggs, garments, cultural and offices appliances, sports and recreation, articles for daily use, household appliances and video appliances, furniture, cosmetics, gold, silver and jewelry, automobiles, petroleum and related products went up by 10.2, 13.1, 20.3, 16.6, 2.1, 12.4, 0.8, 12.8, 14.5, 30.6, 19.6 and 39.7percent, respectively, while that of building and decoration materials, telecommunication appliances dropped 14.8 and 7.0 percent, year-on-year.
From January to October, the total retail sales of consumer goods reached 8,796.8 billion yuan, a year-on-year increase of 22.0 percent.
The total retail sales of consumer goods in October reached 1008.3 billion yuan, a year-on-year increase of 22.0 percent.
In terms of different regions, the retail sales of consumer goods in urban areas amounted to 683.3 billion yuan, rose by 22.1 percent over the same period of the previous year; retail sales at and below the county level achieved 324.9 billion yuan, up by 21.9 percent.
In terms of different industries, the retail sales of wholesale and retail trades stood at 841.1 billion yuan, a year-on-yeincrease of 21.9 percent; that of hotel and catering services was 147.3 billion yuan, up by 25.8 percent; that of other industries was 19.8 billion yuan, up by 3.0 percent.
In terms of different commodity categories, the retail sales above designated size of wholesale and retail trades, divided by foodstuff, clothing and utilized commodities increased 13.1, 18.7 and 19.4 percent respectively. Of which, the retail sales for grain and oil, meat, poultry and eggs, garments, cultural and offices appliances, sports and recreation, articles for daily use, household appliances and video appliances, furniture, cosmetics, gold, silver and jewelry, automobiles, petroleum and related products went up by 10.2, 13.1, 20.3, 16.6, 2.1, 12.4, 0.8, 12.8, 14.5, 30.6, 19.6 and 39.7percent, respectively, while that of building and decoration materials, telecommunication appliances dropped 14.8 and 7.0 percent, year-on-year.
From January to October, the total retail sales of consumer goods reached 8,796.8 billion yuan, a year-on-year increase of 22.0 percent.
RFID tags and readers for jewellery tracking system
[ 2008-11-19 ]
DAILY RFID, the world's leading supplier of RFID tags and RFID readers, announces the launch of RFID jewellery tracking system designed specially for the jewellery industry.This Jewellery System RFID development kit contains the hardware and software to allow companies to evaluate and begin deploying a comprehensive jewellery RFID solution easily.
DAILY RFID has developed a RFID jewellery tag in 13.56MHz that guarantees accurate traceability and quick inventory checks of jewellery, from the manufacturers to the retailers.The new 13.56 MHz RFID jewellery tag has a thickness of just 0.6mm and a rectangle figure of 12*26mm,and a customized logo can be printed on the tag.
The RFID reader is also the key that allows end users to offer its unique consignment and jewellery services to retailers.And the 13.56MHz RFID reader DL810,which uses advanced anti-collision algorithm,provides a high identification rate of tag processing speed to 30~50pcs/s.
The Jewellery System RFID development kit contains a 13.56MHz RFID reader DL810,Out-built Antenna DL810, 200 pieces RFID jewellery tag - 01 or - 02, DL810 Reader Demo Software and Dynamic Link Library (DLL).
About DAILY RFID CO.,LIMITED:
DAILY RFID CO.,LIMITED , which belongs to PAN Group Co., ltd, is the leading company focusing on the research and development of EPC & RFID technology in China.
DAILY RFID specialize in producing arguably the world's most extensive line of RFID Tag,RFID Label,Smart Card and RFID Reader, which are suitable for any vertical markets, and have obtained the National Integrated Circuit Card Register Certificate, IC Card Manufacture License and ISO9001 Quality Management System Certification. Also, we own a factory covering an area of 26,000 square meters.
DAILY's products are designed and manufactured with recognized industry standards relevant to RFID and its markets but most notably for use in the demanding environments to recognize and understand your business's RFID needs. We are commited to providing "Innovative Technology", " Superior, Cost-efficient Product" and " Professional, Efficient Customer Services".
DAILY RFID, the world's leading supplier of RFID tags and RFID readers, announces the launch of RFID jewellery tracking system designed specially for the jewellery industry.This Jewellery System RFID development kit contains the hardware and software to allow companies to evaluate and begin deploying a comprehensive jewellery RFID solution easily.
DAILY RFID has developed a RFID jewellery tag in 13.56MHz that guarantees accurate traceability and quick inventory checks of jewellery, from the manufacturers to the retailers.The new 13.56 MHz RFID jewellery tag has a thickness of just 0.6mm and a rectangle figure of 12*26mm,and a customized logo can be printed on the tag.
The RFID reader is also the key that allows end users to offer its unique consignment and jewellery services to retailers.And the 13.56MHz RFID reader DL810,which uses advanced anti-collision algorithm,provides a high identification rate of tag processing speed to 30~50pcs/s.
The Jewellery System RFID development kit contains a 13.56MHz RFID reader DL810,Out-built Antenna DL810, 200 pieces RFID jewellery tag - 01 or - 02, DL810 Reader Demo Software and Dynamic Link Library (DLL).
About DAILY RFID CO.,LIMITED:
DAILY RFID CO.,LIMITED , which belongs to PAN Group Co., ltd, is the leading company focusing on the research and development of EPC & RFID technology in China.
DAILY RFID specialize in producing arguably the world's most extensive line of RFID Tag,RFID Label,Smart Card and RFID Reader, which are suitable for any vertical markets, and have obtained the National Integrated Circuit Card Register Certificate, IC Card Manufacture License and ISO9001 Quality Management System Certification. Also, we own a factory covering an area of 26,000 square meters.
DAILY's products are designed and manufactured with recognized industry standards relevant to RFID and its markets but most notably for use in the demanding environments to recognize and understand your business's RFID needs. We are commited to providing "Innovative Technology", " Superior, Cost-efficient Product" and " Professional, Efficient Customer Services".
PIERO GUIDI in Hangzhou Building Store
[ 2008-11-19 ]
The Italy brand PIERO GUIDI was located in Hangzhou Building on Nov. 2008, being the neighbour of LOUIS VUITTON and DIOR. Don’t lose the chance to meet with the angel PIERO GUIDI if you enjoy the luxury life.
PIERO GUIDI is marked with a pair of angels. This Autumn/Winter, Magic circus collection is in the basic color of dark and white with magical and antic style printing and golden accessories. Also the details are so exquisite.
About PIERO GUIDI:
The PIERO GUIDI brand is timeless, synonymous of elegance, glamour and style known and appreciated in all over the world. The use of precious materials of best quality and accurate hand-crafted technique, typical for the Made in Italy, are melted for the realization of products of highest content of creativity and luxury.
The PIERO GUIDI lifestyle is international, cosmopolitan and chic but with important roots in the history and in the tradition.
Guangzhou PIERO GUIDI Apparel Co., Ltd
Tel: (8620)22255770 22255772
Fax: (8620)22255773
E-mail: info@pguidi.cn
Web: www.pieroguidi.com
The Italy brand PIERO GUIDI was located in Hangzhou Building on Nov. 2008, being the neighbour of LOUIS VUITTON and DIOR. Don’t lose the chance to meet with the angel PIERO GUIDI if you enjoy the luxury life.
PIERO GUIDI is marked with a pair of angels. This Autumn/Winter, Magic circus collection is in the basic color of dark and white with magical and antic style printing and golden accessories. Also the details are so exquisite.
About PIERO GUIDI:
The PIERO GUIDI brand is timeless, synonymous of elegance, glamour and style known and appreciated in all over the world. The use of precious materials of best quality and accurate hand-crafted technique, typical for the Made in Italy, are melted for the realization of products of highest content of creativity and luxury.
The PIERO GUIDI lifestyle is international, cosmopolitan and chic but with important roots in the history and in the tradition.
Guangzhou PIERO GUIDI Apparel Co., Ltd
Tel: (8620)22255770 22255772
Fax: (8620)22255773
E-mail: info@pguidi.cn
Web: www.pieroguidi.com
OmniaLuo Opens Three New Garment Stores In China
[ 2008-11-19 ]
While announcing that is has opened three new outlets in China, OmniaLuo has also entered into contracts with two new independent distributors for stores to be opened by the end of 2008.
The addition of these three new stores increases the number of OmniaLuo retail stores in China to 245.
The company's retail network consists of 32 company-owned stores, 47 co-owned stores, and 166 independent distributor stores. Of these the company reports its highest margins are from the independent distributors.
Cindy Luo, chairwoman and CEO of OmniaLuo, stated that the company continues to increase brand awareness and retail sales throughout China with each new store opening. She added that with 245 retail stores, they were at 98% of their goal of at least 250 stores by year-end 2008.
OmniaLuo develops, markets and distributes fine women's apparel under the brand name OmniLuo and targets China's rapidly growing class of urban and affluent female professionals. The company has stated that its vision is to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
While announcing that is has opened three new outlets in China, OmniaLuo has also entered into contracts with two new independent distributors for stores to be opened by the end of 2008.
The addition of these three new stores increases the number of OmniaLuo retail stores in China to 245.
The company's retail network consists of 32 company-owned stores, 47 co-owned stores, and 166 independent distributor stores. Of these the company reports its highest margins are from the independent distributors.
Cindy Luo, chairwoman and CEO of OmniaLuo, stated that the company continues to increase brand awareness and retail sales throughout China with each new store opening. She added that with 245 retail stores, they were at 98% of their goal of at least 250 stores by year-end 2008.
OmniaLuo develops, markets and distributes fine women's apparel under the brand name OmniLuo and targets China's rapidly growing class of urban and affluent female professionals. The company has stated that its vision is to become the Chinese brand equivalent of Ralph Lauren, Vera Wang and Anna Sui.
Moving Your Finger, Textile Supplier's Information is Under Control
[ 2008-11-18 ]
No computer needed, no surfing skill required, no time and location limited, if you are a user of China Mobile, you can edit the message "Shaoxing Textile" to "106571888", searching the information of quality suppliers in China Textile City. Then, click to the message/WAP website of recommended suppliers, the information on the business scales and new products etc. can be known clearly.
This is one of the contents on "Shaoxing Textile Mobile Information Platform" cooperatively launched by "Shaoxing Mobile" and China Textile City Group Market Corporation. As we know, this information platform consists of seven industry categories, including "apparel & fashion accessories", "Fabric & Grey Cloth", "Raw Material & Leather", "Chemical Fiber", "Yarn & Accessories", "Home Textile" and "Dyeing & Finishing and Dyes". In these categories, all the recommended suppliers information is provided accordingly. Allowing for the overseas customers getting more and more, the information platform also provides an English version.
At present, the use effects of this platform are under test. As it is expected, the information platform will be officially introduced in Jan. next year.
No computer needed, no surfing skill required, no time and location limited, if you are a user of China Mobile, you can edit the message "Shaoxing Textile" to "106571888", searching the information of quality suppliers in China Textile City. Then, click to the message/WAP website of recommended suppliers, the information on the business scales and new products etc. can be known clearly.
This is one of the contents on "Shaoxing Textile Mobile Information Platform" cooperatively launched by "Shaoxing Mobile" and China Textile City Group Market Corporation. As we know, this information platform consists of seven industry categories, including "apparel & fashion accessories", "Fabric & Grey Cloth", "Raw Material & Leather", "Chemical Fiber", "Yarn & Accessories", "Home Textile" and "Dyeing & Finishing and Dyes". In these categories, all the recommended suppliers information is provided accordingly. Allowing for the overseas customers getting more and more, the information platform also provides an English version.
At present, the use effects of this platform are under test. As it is expected, the information platform will be officially introduced in Jan. next year.
Intime Invests CNY80 Million To Open Store In Shanghai
[ 2008-11-17 ]
Intime Department Store has announced plans to invest CNY80 million to open its first store in Shanghai.
Unlike its existing high-end model, the new Intime store will be a discount theme store. Shanghai South Railway Station Business Management, a wholly owned subsidiary of Intime, said that because of the financial crisis, consumers are attempting to cut their spending. Under such conditions, the launch of discount theme store is the right choice.
Located near Shanghai South Railway Station, the new Intime department store is expected to go into operation at the end of November or the beginning of December 2008. With a sales area of 65,000 square meters and 40,000 square meters of parking space, the new outlet of Intime includes apparel and dining departments and the most distinguishing feature of this store is a large-area men's wear and sports wear stores.
A spokesperson for Shanghai South Railway Station Business Management added that this discount model will only be adopted in the Shanghai Intime store and it will not affect stores in other areas of China.
According to Intime's interim financial report, by June 30, 2008, the company had made revenues of CNY552 million, a year-on-year increase of 36%.
Intime Department Store has announced plans to invest CNY80 million to open its first store in Shanghai.
Unlike its existing high-end model, the new Intime store will be a discount theme store. Shanghai South Railway Station Business Management, a wholly owned subsidiary of Intime, said that because of the financial crisis, consumers are attempting to cut their spending. Under such conditions, the launch of discount theme store is the right choice.
Located near Shanghai South Railway Station, the new Intime department store is expected to go into operation at the end of November or the beginning of December 2008. With a sales area of 65,000 square meters and 40,000 square meters of parking space, the new outlet of Intime includes apparel and dining departments and the most distinguishing feature of this store is a large-area men's wear and sports wear stores.
A spokesperson for Shanghai South Railway Station Business Management added that this discount model will only be adopted in the Shanghai Intime store and it will not affect stores in other areas of China.
According to Intime's interim financial report, by June 30, 2008, the company had made revenues of CNY552 million, a year-on-year increase of 36%.
Higher sales boost Parkson Q3 income
[ 2008-11-17 ]
PARKSON Retail Group Ltd, the Beijing-based department store chain controlled by Malaysia's Lion Group, said third-quarter profit climbed 27 percent as sales of clothes and cosmetics rose, it said yesterday.
Net income from continuing operations rose to 190.3 million yuan (US$28 million) from 149.6 million yuan a year earlier, the Hong Kong-listed retailer said. Sales rose 23 percent to 2.4 billion yuan. Same-store sales grew at 14.4 percent.
China's retail sales rose 22 percent last month, close to the fastest pace in nine years, signaling that domestic demand may help the world's fourth-biggest economy. The supermarket operator has bought out partners this year and said in May it will buy stakes in two stores from parent Parkson Holdings Bhd for 240 million yuan, according to Bloomberg News.
China's wage growth, the key driver to the retail industry's growth in the world's most populous country, will be hurt by the global economic slowdown, Parkson said. "We expect our business to face short-term challenges and pressures," it said.
While the company expects to gain from the Chinese government's 4 trillion yuan stimulus plan, its effect "will take time to materialize."
PARKSON Retail Group Ltd, the Beijing-based department store chain controlled by Malaysia's Lion Group, said third-quarter profit climbed 27 percent as sales of clothes and cosmetics rose, it said yesterday.
Net income from continuing operations rose to 190.3 million yuan (US$28 million) from 149.6 million yuan a year earlier, the Hong Kong-listed retailer said. Sales rose 23 percent to 2.4 billion yuan. Same-store sales grew at 14.4 percent.
China's retail sales rose 22 percent last month, close to the fastest pace in nine years, signaling that domestic demand may help the world's fourth-biggest economy. The supermarket operator has bought out partners this year and said in May it will buy stakes in two stores from parent Parkson Holdings Bhd for 240 million yuan, according to Bloomberg News.
China's wage growth, the key driver to the retail industry's growth in the world's most populous country, will be hurt by the global economic slowdown, Parkson said. "We expect our business to face short-term challenges and pressures," it said.
While the company expects to gain from the Chinese government's 4 trillion yuan stimulus plan, its effect "will take time to materialize."
2008-11-16
2020 focus on the Mainland's eyewear market
[ 2008-11-17 ]
China has a bespectacled population of about 300 million. If people replace their glasses once every three years, there's an annual demand for 100 million pairs. Demand for fashion eyewear such as sunglasses is just as huge.
The Mainland optical market is growing. Retail sales in 2008 are expected to reach Rmb50 billion and are expected to grow at an annual rate of over 20% to reach between Rmb150 and Rmb200 billion by 2020.
There's a trend for individualistic consumption, in the wake of rapid economic development and the increase in disposable incomes.
Spectacles have evolved from functional items into fashion accessories, as a good pair of glasses not only corrects people's vision but balances and complements faces and projects personality (think Sarah Palin, the US Republican vice presidential candidate).
Spectacles are playing an increasingly important role in people's life and have become fashion just like clothing and timepieces. No wonder some consumers say eyewear is a type of facial "fashion jewellery".
As greater importance is attached to the trendiness of eyewear, more and more people are willing to dig deeper into their pockets for better glasses.
Fashionable frames, sunglasses and colour contact lenses are trends for the future. It's not unusual for people to own several pairs of glasses for different occasions.
Italian, French and Japanese brands still lead international high-end markets. Luxury brands are producing diamond-studded and carat gold frames and frames with openwork designs for the fashion-conscious.
The trend of diversification in eyewear consumption has brought greater diversity in production, innovation, sales, circulation and market development.
This diversity finds expression in the variety of products and the design of frames and legs. Different types of materials are used, with attention to the functionality, complementarity and environmental friendliness of the materials.
Glasses have different functions for different purposes, such as glare-proof glasses for drivers, radiation-proof glasses and sports glasses. Consumers are more conscious of their bespectacled image. This extends the functions of eyewear to fashion.
Hong Kong's eyewear industry is famous for its design. Many leading Western brands are actually designed by Hong Kong companies. The quality, design, workmanship and brand name of these Hong Kong products have won the recognition of Mainland consumers.
Hong Kong eyewear has an irreplaceable place in the vast Mainland market.
China has a bespectacled population of about 300 million. If people replace their glasses once every three years, there's an annual demand for 100 million pairs. Demand for fashion eyewear such as sunglasses is just as huge.
The Mainland optical market is growing. Retail sales in 2008 are expected to reach Rmb50 billion and are expected to grow at an annual rate of over 20% to reach between Rmb150 and Rmb200 billion by 2020.
There's a trend for individualistic consumption, in the wake of rapid economic development and the increase in disposable incomes.
Spectacles have evolved from functional items into fashion accessories, as a good pair of glasses not only corrects people's vision but balances and complements faces and projects personality (think Sarah Palin, the US Republican vice presidential candidate).
Spectacles are playing an increasingly important role in people's life and have become fashion just like clothing and timepieces. No wonder some consumers say eyewear is a type of facial "fashion jewellery".
As greater importance is attached to the trendiness of eyewear, more and more people are willing to dig deeper into their pockets for better glasses.
Fashionable frames, sunglasses and colour contact lenses are trends for the future. It's not unusual for people to own several pairs of glasses for different occasions.
Italian, French and Japanese brands still lead international high-end markets. Luxury brands are producing diamond-studded and carat gold frames and frames with openwork designs for the fashion-conscious.
The trend of diversification in eyewear consumption has brought greater diversity in production, innovation, sales, circulation and market development.
This diversity finds expression in the variety of products and the design of frames and legs. Different types of materials are used, with attention to the functionality, complementarity and environmental friendliness of the materials.
Glasses have different functions for different purposes, such as glare-proof glasses for drivers, radiation-proof glasses and sports glasses. Consumers are more conscious of their bespectacled image. This extends the functions of eyewear to fashion.
Hong Kong's eyewear industry is famous for its design. Many leading Western brands are actually designed by Hong Kong companies. The quality, design, workmanship and brand name of these Hong Kong products have won the recognition of Mainland consumers.
Hong Kong eyewear has an irreplaceable place in the vast Mainland market.
Amber fashion for the Mainland market
[ 2008-11-17 ]
Poland dominates the international amber sector for material that's becoming much in demand among fashion jewellery producers. But with jewellery facing sales downturns in mature markets in the US and the EU, the increasingly affluent Chinese mainland offers some of the best returns - and Hong Kong jewellery companies are well placed to guide Polish amber producers to the most lucrative sales opportunities.
Hong Kong companies like Chinese Arts and Crafts and Chow Tai Fook have the international experience that encompasses the Mainland, the Asian region and global markets, according to trade specialists.
On the Mainland, up-and-coming jewellery sectors include Shanghai underground metro malls, the huge new department stores in Hangzhou in Zhejiang Province and the Wuzhou Gemstone City in Guangxi, where customers are keen to buy the latest designs in jewellery.
Besides developing Mainland opportunities, Hong Kong companies are also experienced as producers, able to re-tool amber products to suit modern trends. That's the reason why buyers say they attend the Hong Kong International Jewellery Show each spring, providing contact with local expertise.
Amber last hit the international headlines with the release of the film Jurassic Park in 1993, which featured a mosquito entombed in raw amber. The fictional dinosaurs were engineered from the insect's DNA, and the film's depiction of amber charmed jewellery lovers with the sheer antiquity and mystery of this fossilised pine tree resin.
However, today's demand for amber was described by the editor of G2 Art + Design magazine in Germany as representing a light palette of colours, the so-called "amber treasures" that feature sunny yellows and pink gold that imbue modern pieces with a feeling of "warm luxury". Gone are the trapped insects: Hong Kong jewellery designers and consultants say Mainland customers will have to be re-educated to the new look and feel of amber.
A combination of amber and fine silver alloys has become a Polish specialty not only in jewellery, but also in tableware, cutlery and decorative objects. In Gda?k there are about 2,500 amber jewellery factories, with about 8,000 jewellers and craftsmen.
In terms of the number of shops selling amber products offering a very diverse jewellery portfolio, the Polish amber trade is the most comprehensive in Europe.
Poland has galleries with a range of expensive amber pieces offered by specialist retail chains, such as BORUNI and VNS Venus Group, as well as more modest shops and stands, and even street vendors.
Most of the attractive fossil resins are from Baltic amber, which is largely mined in Russia at the Kaliningrad Oblast and in Ukraine.
But precipitous falls in the output of amber combined with increasing demand have caused costs of raw amber to rise. The market appears likely to become more specialised, as amber pieces are re-tooled from existing supplies to meet the world's new fascination for the fossil resin.
Poland dominates the international amber sector for material that's becoming much in demand among fashion jewellery producers. But with jewellery facing sales downturns in mature markets in the US and the EU, the increasingly affluent Chinese mainland offers some of the best returns - and Hong Kong jewellery companies are well placed to guide Polish amber producers to the most lucrative sales opportunities.
Hong Kong companies like Chinese Arts and Crafts and Chow Tai Fook have the international experience that encompasses the Mainland, the Asian region and global markets, according to trade specialists.
On the Mainland, up-and-coming jewellery sectors include Shanghai underground metro malls, the huge new department stores in Hangzhou in Zhejiang Province and the Wuzhou Gemstone City in Guangxi, where customers are keen to buy the latest designs in jewellery.
Besides developing Mainland opportunities, Hong Kong companies are also experienced as producers, able to re-tool amber products to suit modern trends. That's the reason why buyers say they attend the Hong Kong International Jewellery Show each spring, providing contact with local expertise.
Amber last hit the international headlines with the release of the film Jurassic Park in 1993, which featured a mosquito entombed in raw amber. The fictional dinosaurs were engineered from the insect's DNA, and the film's depiction of amber charmed jewellery lovers with the sheer antiquity and mystery of this fossilised pine tree resin.
However, today's demand for amber was described by the editor of G2 Art + Design magazine in Germany as representing a light palette of colours, the so-called "amber treasures" that feature sunny yellows and pink gold that imbue modern pieces with a feeling of "warm luxury". Gone are the trapped insects: Hong Kong jewellery designers and consultants say Mainland customers will have to be re-educated to the new look and feel of amber.
A combination of amber and fine silver alloys has become a Polish specialty not only in jewellery, but also in tableware, cutlery and decorative objects. In Gda?k there are about 2,500 amber jewellery factories, with about 8,000 jewellers and craftsmen.
In terms of the number of shops selling amber products offering a very diverse jewellery portfolio, the Polish amber trade is the most comprehensive in Europe.
Poland has galleries with a range of expensive amber pieces offered by specialist retail chains, such as BORUNI and VNS Venus Group, as well as more modest shops and stands, and even street vendors.
Most of the attractive fossil resins are from Baltic amber, which is largely mined in Russia at the Kaliningrad Oblast and in Ukraine.
But precipitous falls in the output of amber combined with increasing demand have caused costs of raw amber to rise. The market appears likely to become more specialised, as amber pieces are re-tooled from existing supplies to meet the world's new fascination for the fossil resin.
Dongsheng Road Market: Model of Textile CityTransformation and Upgrade
[ 2008-11-17 ]
Over 300 customers at home and abroad first settle at District B in Dongsheng Road Market reconstructed and upgraded recently in China Textile City. A new model market can be seen.
"This is a very important and significant step China textile city has taken for the second start-up, not only because Dongsheng Road Market is the first traditional trade area to be reconstructed and upgrade, but also because this can show the model meaning of China textile city transformation and upgrade." Leaders of Shaoxing county said.
The market has complete facilities including central air conditioning equipment, the elevators for passengers and goods, large-size LED electronic display screen and multimedia searching system, with business and management office areas. The meaning of Dongsheng Road Market is not only for its advanced and complete hardware facilities, but the unique operation model the government takes and the function as direction indicator as well.
Thanks to the leading textile companies entering the market, Dongsheng Road Market starts at a high level. "Each company has its features and unique strength in the industry. Their gathering will make Dongsheng Market become the Market displaying the collection among markets. " The in-charge person of China Textile City Construction Management Committee said. After one year's business promotion, the national Top 100 textile companies such as Erdos, Kingdeer of Inner Mongolia, Zhejiang Furun, and Shandong Bofang join in the market.
" Leading by the government attracted me so much. By means of renting the business house from government, we will not worry about the rent rate potentially lifted to high levels." The responsible person of "Zhejiang Furun" located on the second floor of Dongsheng Road Market told the reporter. In the early days, Zhejiang Furun has established trade departments in Shanghai, Guangzhou and other large cities in the country. They always have the idea about setting up a business shop in China textile city. The transformation and upgrade of Dongsheng Road Market have shown them the government's confidence and determination on making the markets wider and stronger. Now Furun make the dream come true. In the first day of trial running, the person in-charge came to Keqiao from Shanghai, and many customers also visit Dongsheng Road Market to get the information. Seeing the market in good order and warm business atmosphere, all the people are confident on the future development of the market.
Though with complete facilities, Dongsheng Road Market spent little money on the business cost. "In the first running year, no property management fee needs to levy. If you have good business, you will get the award of returning your rent. Some shops can be rent only for 30000 or 50000 in one year, so shop runners only need to care about the business. " A responsible person in Dongsheng Road Market said to the reporter: "The market and business runners belong to a whole interest entity. Good running and earning lots of money of each shops will make the market better. We hope every shops can earn money, and we will try our best to provide them best services."
"Dongsheng Road Market has a good start today. The next step is to manage and serve the market well, making everybody have good business. Despite each aspect, it has a significant meaning in the domestic markets. " A related leader of the county said to the in-charge person of market management department, after inspecting Dongsheng Market.
Over 300 customers at home and abroad first settle at District B in Dongsheng Road Market reconstructed and upgraded recently in China Textile City. A new model market can be seen.
"This is a very important and significant step China textile city has taken for the second start-up, not only because Dongsheng Road Market is the first traditional trade area to be reconstructed and upgrade, but also because this can show the model meaning of China textile city transformation and upgrade." Leaders of Shaoxing county said.
The market has complete facilities including central air conditioning equipment, the elevators for passengers and goods, large-size LED electronic display screen and multimedia searching system, with business and management office areas. The meaning of Dongsheng Road Market is not only for its advanced and complete hardware facilities, but the unique operation model the government takes and the function as direction indicator as well.
Thanks to the leading textile companies entering the market, Dongsheng Road Market starts at a high level. "Each company has its features and unique strength in the industry. Their gathering will make Dongsheng Market become the Market displaying the collection among markets. " The in-charge person of China Textile City Construction Management Committee said. After one year's business promotion, the national Top 100 textile companies such as Erdos, Kingdeer of Inner Mongolia, Zhejiang Furun, and Shandong Bofang join in the market.
" Leading by the government attracted me so much. By means of renting the business house from government, we will not worry about the rent rate potentially lifted to high levels." The responsible person of "Zhejiang Furun" located on the second floor of Dongsheng Road Market told the reporter. In the early days, Zhejiang Furun has established trade departments in Shanghai, Guangzhou and other large cities in the country. They always have the idea about setting up a business shop in China textile city. The transformation and upgrade of Dongsheng Road Market have shown them the government's confidence and determination on making the markets wider and stronger. Now Furun make the dream come true. In the first day of trial running, the person in-charge came to Keqiao from Shanghai, and many customers also visit Dongsheng Road Market to get the information. Seeing the market in good order and warm business atmosphere, all the people are confident on the future development of the market.
Though with complete facilities, Dongsheng Road Market spent little money on the business cost. "In the first running year, no property management fee needs to levy. If you have good business, you will get the award of returning your rent. Some shops can be rent only for 30000 or 50000 in one year, so shop runners only need to care about the business. " A responsible person in Dongsheng Road Market said to the reporter: "The market and business runners belong to a whole interest entity. Good running and earning lots of money of each shops will make the market better. We hope every shops can earn money, and we will try our best to provide them best services."
"Dongsheng Road Market has a good start today. The next step is to manage and serve the market well, making everybody have good business. Despite each aspect, it has a significant meaning in the domestic markets. " A related leader of the county said to the in-charge person of market management department, after inspecting Dongsheng Market.
Chinese premier calls for support of SMEs
[ 2008-11-17 ]
Chinese Premier Wen Jiabao on Saturday outlined a series of proposals for local governments to support small and medium-sized enterprises (SMEs).
Touring SMEs in the southern province of Guangdong, Wen said SMEs would play a crucial role in promoting economic growth, increasing fiscal revenue, providing jobs and maintaining social stability.
Wen visited SMEs in Shenzhen, Dongguan and Foshan cities, where he demanded local governments to readjust and improve policies to support the healthy and rapid growth of SMEs. Measures should include easier access to credit extensions as well as preferential tax policies, and more loans to ensure SMEs grow faster in the fourth quarter.
Financing priority should be given to SMEs that met industrial and environmental protection standards and had technologies and markets, and should encourage firms to transform and restructure.
Wen said SMEs in Shenzhen performed better than those in other parts of the delta because they upgraded and innovated.
On Friday afternoon, while inspecting export-oriented, labor-intensive SMEs in Dongguan, he said the key to survival and growth was to develop new products, increase product ranges, improve quality and diversify markets.
Chinese Premier Wen Jiabao on Saturday outlined a series of proposals for local governments to support small and medium-sized enterprises (SMEs).
Touring SMEs in the southern province of Guangdong, Wen said SMEs would play a crucial role in promoting economic growth, increasing fiscal revenue, providing jobs and maintaining social stability.
Wen visited SMEs in Shenzhen, Dongguan and Foshan cities, where he demanded local governments to readjust and improve policies to support the healthy and rapid growth of SMEs. Measures should include easier access to credit extensions as well as preferential tax policies, and more loans to ensure SMEs grow faster in the fourth quarter.
Financing priority should be given to SMEs that met industrial and environmental protection standards and had technologies and markets, and should encourage firms to transform and restructure.
Wen said SMEs in Shenzhen performed better than those in other parts of the delta because they upgraded and innovated.
On Friday afternoon, while inspecting export-oriented, labor-intensive SMEs in Dongguan, he said the key to survival and growth was to develop new products, increase product ranges, improve quality and diversify markets.
HK government's market action takes effect
[ 2008-11-14 ]
The chief executive of Hong Kong Monetary Authority on Thursday said the recent action taken by the authority to increase the aggregate balance and improve liquidity have begun to achieve the desired effect.
In his weekly Viewpoint column published Thursday, Chief Executive Joseph Yam said the authority has conducted a series of market operations since September, including buying U.S. dollars against Hong Kong dollars, and selling Hong Kong dollars against U. S. dollars.
In response to the much larger aggregate balance and the authority's measures to improve liquidity, local interbank rates eased across the board.
The overnight Hong Kong Interbank Offer Rate (HIBOR) rose to 4 percent on Sept. 18 but has eased to 0.2 percent lately, while the one-month HIBOR that rose to a high of 6 percent has retreated to 1. 1 percent.
"This process was also helped by efforts around the world to provide liquidity to the markets, coupled with an improvement in market sentiment. Lower interbank short-term rates should provide a more accommodative monetary environment and allow banks to pass on lower funding costs to sound borrowers, although this may not happen straight away," Yam said.
Yam said the interbank money market was showing signs of gradual improvement, although interbank lending for longer tenors remains limited as credit risks persist.
"It will take time - and the absence of any further nasty surprises - for the money market to return to normal functioning. In the meantime interest-rate volatility may continue given fragile sentiment and market uncertainties. There is thus a need for all parties concerned - banks and their customers - to remain prudent in the management of interest-rate risk under the current market conditions," he said.
The authority will continue to monitor the markets and stand ready to take further measures if necessary in light of new developments, he added.
The chief executive of Hong Kong Monetary Authority on Thursday said the recent action taken by the authority to increase the aggregate balance and improve liquidity have begun to achieve the desired effect.
In his weekly Viewpoint column published Thursday, Chief Executive Joseph Yam said the authority has conducted a series of market operations since September, including buying U.S. dollars against Hong Kong dollars, and selling Hong Kong dollars against U. S. dollars.
In response to the much larger aggregate balance and the authority's measures to improve liquidity, local interbank rates eased across the board.
The overnight Hong Kong Interbank Offer Rate (HIBOR) rose to 4 percent on Sept. 18 but has eased to 0.2 percent lately, while the one-month HIBOR that rose to a high of 6 percent has retreated to 1. 1 percent.
"This process was also helped by efforts around the world to provide liquidity to the markets, coupled with an improvement in market sentiment. Lower interbank short-term rates should provide a more accommodative monetary environment and allow banks to pass on lower funding costs to sound borrowers, although this may not happen straight away," Yam said.
Yam said the interbank money market was showing signs of gradual improvement, although interbank lending for longer tenors remains limited as credit risks persist.
"It will take time - and the absence of any further nasty surprises - for the money market to return to normal functioning. In the meantime interest-rate volatility may continue given fragile sentiment and market uncertainties. There is thus a need for all parties concerned - banks and their customers - to remain prudent in the management of interest-rate risk under the current market conditions," he said.
The authority will continue to monitor the markets and stand ready to take further measures if necessary in light of new developments, he added.
China to step up efforts to improve urban and rural infrastructure
[ 2008-11-14 ]
Chinese Minister of Housing and Urban-Rural Development Jiang Weixin said on Thursday that the ministry would put boosting domestic demands on top of its agenda and ramp up efforts on urban infrastructure and public utilities construction.
"Local housing and urban-rural development agencies should also step up efforts on the construction projects for the low-rent and affordable apartments," Jiang said at an internal tele-conference held here.
China plans to invest 900 billion yuan (131.8 billion U.S. dollars) for housing construction in the coming three years, which would benefit 7.47 million low-income households.
Jiang also urged local industry watchdogs to continue pushing forward the energy-saving work in the construction sector.
The ministry called on more efforts to better regulate the real estate market and to encourage and support reasonable housing consumption.
In a similar development, the Ministry of Agriculture said on Thursday the country would add 5.15 billion yuan to improve agricultural infrastructure projects and farmers' living standards, part of the country's 4 trillion yuan economy stimulus package unveiled on Sunday by the State Council, or Cabinet.
Chinese Minister of Housing and Urban-Rural Development Jiang Weixin said on Thursday that the ministry would put boosting domestic demands on top of its agenda and ramp up efforts on urban infrastructure and public utilities construction.
"Local housing and urban-rural development agencies should also step up efforts on the construction projects for the low-rent and affordable apartments," Jiang said at an internal tele-conference held here.
China plans to invest 900 billion yuan (131.8 billion U.S. dollars) for housing construction in the coming three years, which would benefit 7.47 million low-income households.
Jiang also urged local industry watchdogs to continue pushing forward the energy-saving work in the construction sector.
The ministry called on more efforts to better regulate the real estate market and to encourage and support reasonable housing consumption.
In a similar development, the Ministry of Agriculture said on Thursday the country would add 5.15 billion yuan to improve agricultural infrastructure projects and farmers' living standards, part of the country's 4 trillion yuan economy stimulus package unveiled on Sunday by the State Council, or Cabinet.
Italian Versace eyes Asia to help ride out economic crisis
[ 2008-11-14 ]
Luxury Italian fashion house Versace expects that strong demand from a still resilient Asia will help it ride out the current global economic turmoil, its CEO said yesterday. Chief Executive Giancarlo Di Risio told reporters in Beijing he expected Asia would become its second biggest market by turnover after Europe by the end of next year, helped in part by a push into China.
Already in 2007 our company decided to make Asia and China a very important business market for us to invest in and develop," he said, speaking in Italian. Versace is investing 45 million euros ($56.5 million) to strengthen its presence in Asia and is opening 11 new stores this year-nine in Hong Kong, Macau, Taiwan and China, and two in Europe, including a home furnishings store in Milan.
China is not growing 11 percent now but 8 percent, which in any case is good for business," Di Risio added, referring to China's slowing though still strong economic growth, compared with Europe and the United States which are teetering on the verge of recession.
Versace, whose glamorous gowns cost thousands of euros, will hold a fashion show on Thursday just off Beijing's central Tiananmen Square and then an auction to raise money for victims of May's massive earthquake in China's Sichuan province. It competes with Richemont, the world's second-largest luxury goods maker after LVMH, and Bulgari, which have also made booming China a top priority in their strategic development. Versace is owned by design head and vice president Donatella Versace, her brother Santo and her daughter Allegra. Versace's consolidated net profit in 2007 was 13 million euros ($16.3 million), down from 19.1 million euros a year earlier.
Di Risio declined to give an outlook for 2008 profit. "I would rather complete the year," he said. Di Risio reiterated the company, known for its Medusa-head logo and penchant for lashings of gold, had no intention of listing on the stock market just yet. "Right now, it's important to know that Versace is a company that's growing and can support itself," he said. "It's able to support its development. We don't need to IPO in the short term. In the long term, the owners will decide whether they think it's
an opportunity or not."
Luxury Italian fashion house Versace expects that strong demand from a still resilient Asia will help it ride out the current global economic turmoil, its CEO said yesterday. Chief Executive Giancarlo Di Risio told reporters in Beijing he expected Asia would become its second biggest market by turnover after Europe by the end of next year, helped in part by a push into China.
Already in 2007 our company decided to make Asia and China a very important business market for us to invest in and develop," he said, speaking in Italian. Versace is investing 45 million euros ($56.5 million) to strengthen its presence in Asia and is opening 11 new stores this year-nine in Hong Kong, Macau, Taiwan and China, and two in Europe, including a home furnishings store in Milan.
China is not growing 11 percent now but 8 percent, which in any case is good for business," Di Risio added, referring to China's slowing though still strong economic growth, compared with Europe and the United States which are teetering on the verge of recession.
Versace, whose glamorous gowns cost thousands of euros, will hold a fashion show on Thursday just off Beijing's central Tiananmen Square and then an auction to raise money for victims of May's massive earthquake in China's Sichuan province. It competes with Richemont, the world's second-largest luxury goods maker after LVMH, and Bulgari, which have also made booming China a top priority in their strategic development. Versace is owned by design head and vice president Donatella Versace, her brother Santo and her daughter Allegra. Versace's consolidated net profit in 2007 was 13 million euros ($16.3 million), down from 19.1 million euros a year earlier.
Di Risio declined to give an outlook for 2008 profit. "I would rather complete the year," he said. Di Risio reiterated the company, known for its Medusa-head logo and penchant for lashings of gold, had no intention of listing on the stock market just yet. "Right now, it's important to know that Versace is a company that's growing and can support itself," he said. "It's able to support its development. We don't need to IPO in the short term. In the long term, the owners will decide whether they think it's
an opportunity or not."
China cuts export taxes to spur economic growth
[ 2008-11-13 ]
China announced Wednesday that it will scrap export taxes on steel and grain and cut duties on thousands of other goods, adding to efforts to spur economic growth following the release of a multibillion-dollar stimulus plan.
The cut in export duties, due to take effect Dec. 1, will apply to some 3,770 types of exports, or about 28 percent of the total, the country's Cabinet said on its Web site. It said export taxes on steel, chemical products and grain would be eliminated.
The move adds to a series of urgent steps taken by Beijing to reverse a sharp downturn in economic growth. China's growth rate fell to 9 percent in the latest quarter ?still strong for a major economy, but well below last year's 11.9 percent.
A drop in global demand for Chinese goods has hit exporters hard, prompting layoffs and factory closures.
Alarmed at the prospect of job losses and possible unrest, communist leaders have cut interest rates three times in recent weeks and taken steps to help struggling textile exporters, who were especially hard hit.
Beijing raised export duties on steel earlier in an effort to cool the growth of an industry that it considered too dirty and energy-intensive. But it has repealed those taxes to revive steel export growth as the economy cooled.
The 4 trillion yuan ($586 billion) stimulus package announced Sunday calls for high spending on government construction projects, aid to the poor and farmers and tax cuts for exporters.
The plan calls for speeding up projects that already were planned and depends on Chinese companies for a big share of the spending.
Also Wednesday, the government announced approval of two multibillion-dollar energy projects and a water conservancy project. It said they also were meant to help spur economic growth, though all three projects have been planned for several years.
The energy projects were a 93 billion yuan ($13.6 billion) pipeline to carry natural gas from China's northwest to Hong Kong, a 95.5 billion yuan ($14 billion) expansion of a nuclear power plant in Yangjiang in the southeastern province of Guangdong.
Also approved was a 17.4 billion yuan ($2.5 billion) water conservancy project in the northwestern region of Xinjiang, the Cabinet said.
China announced Wednesday that it will scrap export taxes on steel and grain and cut duties on thousands of other goods, adding to efforts to spur economic growth following the release of a multibillion-dollar stimulus plan.
The cut in export duties, due to take effect Dec. 1, will apply to some 3,770 types of exports, or about 28 percent of the total, the country's Cabinet said on its Web site. It said export taxes on steel, chemical products and grain would be eliminated.
The move adds to a series of urgent steps taken by Beijing to reverse a sharp downturn in economic growth. China's growth rate fell to 9 percent in the latest quarter ?still strong for a major economy, but well below last year's 11.9 percent.
A drop in global demand for Chinese goods has hit exporters hard, prompting layoffs and factory closures.
Alarmed at the prospect of job losses and possible unrest, communist leaders have cut interest rates three times in recent weeks and taken steps to help struggling textile exporters, who were especially hard hit.
Beijing raised export duties on steel earlier in an effort to cool the growth of an industry that it considered too dirty and energy-intensive. But it has repealed those taxes to revive steel export growth as the economy cooled.
The 4 trillion yuan ($586 billion) stimulus package announced Sunday calls for high spending on government construction projects, aid to the poor and farmers and tax cuts for exporters.
The plan calls for speeding up projects that already were planned and depends on Chinese companies for a big share of the spending.
Also Wednesday, the government announced approval of two multibillion-dollar energy projects and a water conservancy project. It said they also were meant to help spur economic growth, though all three projects have been planned for several years.
The energy projects were a 93 billion yuan ($13.6 billion) pipeline to carry natural gas from China's northwest to Hong Kong, a 95.5 billion yuan ($14 billion) expansion of a nuclear power plant in Yangjiang in the southeastern province of Guangdong.
Also approved was a 17.4 billion yuan ($2.5 billion) water conservancy project in the northwestern region of Xinjiang, the Cabinet said.
Nylon/Polyester Fancy Stripe First Highlight on Partial Sales on Recent China Textile City Market
[ 2008-11-13 ]
Recently, the fabrics for early winter are displayed in China textile city more and more, and the sales partially go smoothly. On the first floor of District 2 and the third floor of District 3, Northern Market, and the second floor of Union Market in China Textile City, "Nylon/Polyester Fancy Stripe" comes into the market at a few shops, which welcomed by all customers. The purchase for small quantity of different varieties tends to be active, and parts of large business shops casually receive the pre-sales purchase for medium quantity of products. The fabrics have new styles, pure colors and excellent quality, attracting target customers to actively purchase for products in different colors. Partial shops dealing in this kind of fabric have good sales in this time. Marketing the products is becoming the highlight on the sales.
This kind of fabric, warp mainly 150DDTY low-elastic filament (adopt 800 low-twisted twister), weft using the main material 320D nylon/polyester compound filament (the blended spinning composition proportion N15%, T85%; adopt 800 low-twisted twister). This woven fabrics take the plain structure of figured weave texture, which are woven by water-jet looms. It has a unique weaving style. The fabric using the figured fancy stripe are favored by target customers for new styles. After the technological process of reducing weak alkali each time, the fabric possesses soft handle and good drape property. By adopting the processes of pre-shrinking, dyeing, setting and so on, the fabric has good dyeing and finishing process with good color fastness. The surface of the finished fabric is characteristic with double colors or mixed colors. New dyeing process in the weaving will win the market; The whole fabrics are displayed on the market in same colors. The fabrics on the market are mainly in various dark and light colors, such as dark black, navy, grass green, beige, green, red, purple, dark green, blue, light green, light yellow, light gray etc. The pre-sales purchase for fabrics in target colors are getting active. The finished fabrics have good air permeability and good feeling in touch.
The recent wholesale price of the fabric in width 150 cm and about 460?80 g/m is between 18.50?9.00 yuan/m; This kind of fabric has higher added value than the ordinary chemical fiber products, dominating the market by new styles. The fabric is the ideal fabrics often used for making casual coats, suits, suit skirts and fashion trousers for ladies in early winter. Because of the composition proportion of raw materials and new technological process of dyeing and finishing, the fabrics are widely favored by the customers from target secondary markets. The purchase for small quantity of different varieties are relatively active. The fabrics in special colors are welcomed by target apparel accessories manufacturers and trading companies, and small orders for required colors rise up slightly. Because of the unique styles, novel fancy stripe and pure and natural colors, the fabrics are popular among all consumers. This kind of fabric is favored by the target customers from medium and large-size markets in Guangzhou, Shenzhen Guangdong, Kunming Yunnan, Shishi Fujian, Nanchang Jiangxi, Zhenzhou Henan, Wuhan Hubei, Shi Jiazhuang Hebei and so forth. Among them, the purchase for small quantity of different varieties is relatively active. At present, the settlement on RMB is accepted by parts of foreign customers. The foreign orders on this series tend to be active partially. Some of cloth companies with a shop in front and a factory behind, marketing dept. of manufacturers and large business shops take the advantage on the market. The foreign customers from India and Southeast Asia like this kind of fabric very much. The orders for different colors are getting active. Some cloth companies with a shop in front and a factory behind and large business shops casually receive the medium-size orders on fabrics in target colors from foreign customers.
Due to the influence of the international financial crisis, the foreign orders for this series are not adequate, and the foreign orders on finished garment in each apparel manufacturer still have a limit, so the trade volume is hard to catch up with that in the same period of last year. To cope with the international financial crisis, cloth companies with a shop in front and a factory behind, marketing dept. of manufacturers and large business shops contracting the machines are moving the target markets from Europe and America to Asia, Africa and Latin America, and exploiting the sales market shares of ASEAN, Southeast Asia, South Africa, West Africa and Brazil and other Latin American markets. They expand the emerging international market shares on the sales strategy of globalization and widen the domestic demand to solidify the old customer sales network of national secondary markets and fashion accessories to curb the business risks brought by the international financial crisis.
Recently, the fabrics for early winter are displayed in China textile city more and more, and the sales partially go smoothly. On the first floor of District 2 and the third floor of District 3, Northern Market, and the second floor of Union Market in China Textile City, "Nylon/Polyester Fancy Stripe" comes into the market at a few shops, which welcomed by all customers. The purchase for small quantity of different varieties tends to be active, and parts of large business shops casually receive the pre-sales purchase for medium quantity of products. The fabrics have new styles, pure colors and excellent quality, attracting target customers to actively purchase for products in different colors. Partial shops dealing in this kind of fabric have good sales in this time. Marketing the products is becoming the highlight on the sales.
This kind of fabric, warp mainly 150DDTY low-elastic filament (adopt 800 low-twisted twister), weft using the main material 320D nylon/polyester compound filament (the blended spinning composition proportion N15%, T85%; adopt 800 low-twisted twister). This woven fabrics take the plain structure of figured weave texture, which are woven by water-jet looms. It has a unique weaving style. The fabric using the figured fancy stripe are favored by target customers for new styles. After the technological process of reducing weak alkali each time, the fabric possesses soft handle and good drape property. By adopting the processes of pre-shrinking, dyeing, setting and so on, the fabric has good dyeing and finishing process with good color fastness. The surface of the finished fabric is characteristic with double colors or mixed colors. New dyeing process in the weaving will win the market; The whole fabrics are displayed on the market in same colors. The fabrics on the market are mainly in various dark and light colors, such as dark black, navy, grass green, beige, green, red, purple, dark green, blue, light green, light yellow, light gray etc. The pre-sales purchase for fabrics in target colors are getting active. The finished fabrics have good air permeability and good feeling in touch.
The recent wholesale price of the fabric in width 150 cm and about 460?80 g/m is between 18.50?9.00 yuan/m; This kind of fabric has higher added value than the ordinary chemical fiber products, dominating the market by new styles. The fabric is the ideal fabrics often used for making casual coats, suits, suit skirts and fashion trousers for ladies in early winter. Because of the composition proportion of raw materials and new technological process of dyeing and finishing, the fabrics are widely favored by the customers from target secondary markets. The purchase for small quantity of different varieties are relatively active. The fabrics in special colors are welcomed by target apparel accessories manufacturers and trading companies, and small orders for required colors rise up slightly. Because of the unique styles, novel fancy stripe and pure and natural colors, the fabrics are popular among all consumers. This kind of fabric is favored by the target customers from medium and large-size markets in Guangzhou, Shenzhen Guangdong, Kunming Yunnan, Shishi Fujian, Nanchang Jiangxi, Zhenzhou Henan, Wuhan Hubei, Shi Jiazhuang Hebei and so forth. Among them, the purchase for small quantity of different varieties is relatively active. At present, the settlement on RMB is accepted by parts of foreign customers. The foreign orders on this series tend to be active partially. Some of cloth companies with a shop in front and a factory behind, marketing dept. of manufacturers and large business shops take the advantage on the market. The foreign customers from India and Southeast Asia like this kind of fabric very much. The orders for different colors are getting active. Some cloth companies with a shop in front and a factory behind and large business shops casually receive the medium-size orders on fabrics in target colors from foreign customers.
Due to the influence of the international financial crisis, the foreign orders for this series are not adequate, and the foreign orders on finished garment in each apparel manufacturer still have a limit, so the trade volume is hard to catch up with that in the same period of last year. To cope with the international financial crisis, cloth companies with a shop in front and a factory behind, marketing dept. of manufacturers and large business shops contracting the machines are moving the target markets from Europe and America to Asia, Africa and Latin America, and exploiting the sales market shares of ASEAN, Southeast Asia, South Africa, West Africa and Brazil and other Latin American markets. They expand the emerging international market shares on the sales strategy of globalization and widen the domestic demand to solidify the old customer sales network of national secondary markets and fashion accessories to curb the business risks brought by the international financial crisis.
China: Textile industry to benefit from VAT reform
[ 2008-11-13 ]
The textile industry may see tax relief totaling 16.1 billion yuan ($2.36 billion) next year, according to an industry expert, thanks to the upcoming value-added tax (VAT) reform that to be implemented at the beginning of 2009.
Wang Qianjin, chief editor of webtextiles.com gave his prediction in an interview with the Shanghai Securities News published on Tuesday.
The amount was calculated on the assumption that the investment on fixed assets in the industry maintains a growth rate of 10 percent in 2008, and the investment volume in 2009 is on the same level with that of 2007.
"On the basis of that, textile fixed asset investments next year would come to 280 billion yuan, and with 45 percent of investments subject to tax deductions, the textile industry can see a tax reduction of as much as 16.1 billion yuan in total," explained Wang. "The VAT reform will pull up the net profit and operating cash flow of textile enterprises, and at the same time improve their operating environment, which can be an incentive for their technical reform and industry upgrade."
The long discussed VAT reform was officially announced Monday together with other nine measures to boost domestic demand.
The VAT regulation was revised by the State Council in a move to shift the original production-based tax regime to a consumption-based one, which will ease companies' tax burdens on fixed assets expenditure, and will reduce the country's overall tax burden by more than 120 billion yuan next year, according to estimates from the state council.
The VAT rate therefore has been reduced to 3 percent for all small businesses from the original 6 percent for industrial firms and 4 percent for commercial companies.
The reform shed another light on the struggling textile industry, as the government set out to bail it out since the global economic downturn hit China's exports.
China raised tax rebates for certain textile and garment exports on August 1, to make up for the rising costs and in an effort to maintain employment, the government raised tax rebates for 3,486 export items earlier this month, covering major labor-intensive industries including the textile sector.
The textile industry may see tax relief totaling 16.1 billion yuan ($2.36 billion) next year, according to an industry expert, thanks to the upcoming value-added tax (VAT) reform that to be implemented at the beginning of 2009.
Wang Qianjin, chief editor of webtextiles.com gave his prediction in an interview with the Shanghai Securities News published on Tuesday.
The amount was calculated on the assumption that the investment on fixed assets in the industry maintains a growth rate of 10 percent in 2008, and the investment volume in 2009 is on the same level with that of 2007.
"On the basis of that, textile fixed asset investments next year would come to 280 billion yuan, and with 45 percent of investments subject to tax deductions, the textile industry can see a tax reduction of as much as 16.1 billion yuan in total," explained Wang. "The VAT reform will pull up the net profit and operating cash flow of textile enterprises, and at the same time improve their operating environment, which can be an incentive for their technical reform and industry upgrade."
The long discussed VAT reform was officially announced Monday together with other nine measures to boost domestic demand.
The VAT regulation was revised by the State Council in a move to shift the original production-based tax regime to a consumption-based one, which will ease companies' tax burdens on fixed assets expenditure, and will reduce the country's overall tax burden by more than 120 billion yuan next year, according to estimates from the state council.
The VAT rate therefore has been reduced to 3 percent for all small businesses from the original 6 percent for industrial firms and 4 percent for commercial companies.
The reform shed another light on the struggling textile industry, as the government set out to bail it out since the global economic downturn hit China's exports.
China raised tax rebates for certain textile and garment exports on August 1, to make up for the rising costs and in an effort to maintain employment, the government raised tax rebates for 3,486 export items earlier this month, covering major labor-intensive industries including the textile sector.
Premier: Textile Industry will Overcome the Difficulties
[ 2008-11-10 ]
Oct. 27, Moscow. Premier Wen Jiabao made an interview regarding the current global financial crisis during his visit to Russia. He pointed out that China had adjusted the marco-economy policy in time and was going to further extend its domestic demand.
During this interview, Premier Wen talked about the development of textile and apparel industry. He said, "I read an article from Xinhua News Agency which reported how the textile and apparel industry in Shaoxing, Zhejiang Province, responded to the financial crisis. I am very impressed and write down a few words that the news looks like a warn air in such a cold temperature caused by global financial crisis. The textile and apparel industry is the backbone of national economy. The government is to support it and the enterprises will overcome the difficulties and make a further development. Innovation is the key to improve its competitiveness."
Oct. 27, Moscow. Premier Wen Jiabao made an interview regarding the current global financial crisis during his visit to Russia. He pointed out that China had adjusted the marco-economy policy in time and was going to further extend its domestic demand.
During this interview, Premier Wen talked about the development of textile and apparel industry. He said, "I read an article from Xinhua News Agency which reported how the textile and apparel industry in Shaoxing, Zhejiang Province, responded to the financial crisis. I am very impressed and write down a few words that the news looks like a warn air in such a cold temperature caused by global financial crisis. The textile and apparel industry is the backbone of national economy. The government is to support it and the enterprises will overcome the difficulties and make a further development. Innovation is the key to improve its competitiveness."
2008-11-11
China can minimize negative external economic impact
[ 2008-11-06 ]
China will minimize any negative external economic impact and maintain stable, relatively fast growth if it applies appropriate macroeconomic measures.Han Yongwen, spokesman and secretary-general of the top economic planning agency, said he based this assessment on the huge, sound economy China has built over the past three decades and the enormous domestic market.
He believed China could minimize any negative impact by expanding domestic demand and increasing investment in crucial infrastructure, particularly in rural areas.
According to Han, although gross domestic product (GDP) growth slowed to the single-digit rate of 9.9 percent in the first three quarters of this year, that was still more than the average for each of the past 30 years. The rate partly reflected the government's macro-control efforts, which emphasized maintaining growth while curbing inflation.
Han noted in the first nine months, the economic structure further improved, and the three major driving forces of the economy -- exports, investment and consumption -- tended to be balanced.
The chief economic problem was worsening downward pressure, he pointed out, citing exports being driven down by shrinking demand abroad, as well as weak domestic demand and higher costs, which were hurting corporate investment sentiment.
However, he stressed: "Facing these difficulties, we should enhance confidence. It is imperative for us to perceive favorable conditions and positive factors for acting against the negative outside environment and promoting development in a scientific way."
He believed economic fundamentals were sound and China's risk prevention abilities had been reinforced over the past 30 years. There was much potential to expand domestic demand.
To increase domestic demand, more money would go to farmers, rural areas and agricultural production, and more investments would be made in railroads, urban rail systems and environmental protection facilities, he said.
The country would encourage enterprises to increase investment and push forward technical progress, Han added.
Wu Xiaoling, former deputy governor of the People's Bank of China (PBOC), the central bank, said over the weekend that fiscal and other policies were of more importance than monetary policy to maintain economic stability amid a complex global economic situation.
She urged China to pursue stable monetary policy in the face of risks from lingering inflationary pressure and an economic slowdown.
Han's comments were echoed by NDRC Vice Minister Liu Tienan, who said the government should continue efforts to expand domestic consumption amid an uncertain global economy.
Liu urged accelerated industrial restructuring, innovation and a change in the development mode.
Su Ning, deputy governor of the PBOC, also agreed with Han, saying there was still room for more domestic consumption. Sun added the central bank would adopt a flexible and prudent monetary policy.
Fu Ziying, Vice Minister of Commerce, said it would be tougher to maintain stable export growth next year because of global financial turmoil. Fu said the government should increase support to export-oriented enterprises.
China will minimize any negative external economic impact and maintain stable, relatively fast growth if it applies appropriate macroeconomic measures.Han Yongwen, spokesman and secretary-general of the top economic planning agency, said he based this assessment on the huge, sound economy China has built over the past three decades and the enormous domestic market.
He believed China could minimize any negative impact by expanding domestic demand and increasing investment in crucial infrastructure, particularly in rural areas.
According to Han, although gross domestic product (GDP) growth slowed to the single-digit rate of 9.9 percent in the first three quarters of this year, that was still more than the average for each of the past 30 years. The rate partly reflected the government's macro-control efforts, which emphasized maintaining growth while curbing inflation.
Han noted in the first nine months, the economic structure further improved, and the three major driving forces of the economy -- exports, investment and consumption -- tended to be balanced.
The chief economic problem was worsening downward pressure, he pointed out, citing exports being driven down by shrinking demand abroad, as well as weak domestic demand and higher costs, which were hurting corporate investment sentiment.
However, he stressed: "Facing these difficulties, we should enhance confidence. It is imperative for us to perceive favorable conditions and positive factors for acting against the negative outside environment and promoting development in a scientific way."
He believed economic fundamentals were sound and China's risk prevention abilities had been reinforced over the past 30 years. There was much potential to expand domestic demand.
To increase domestic demand, more money would go to farmers, rural areas and agricultural production, and more investments would be made in railroads, urban rail systems and environmental protection facilities, he said.
The country would encourage enterprises to increase investment and push forward technical progress, Han added.
Wu Xiaoling, former deputy governor of the People's Bank of China (PBOC), the central bank, said over the weekend that fiscal and other policies were of more importance than monetary policy to maintain economic stability amid a complex global economic situation.
She urged China to pursue stable monetary policy in the face of risks from lingering inflationary pressure and an economic slowdown.
Han's comments were echoed by NDRC Vice Minister Liu Tienan, who said the government should continue efforts to expand domestic consumption amid an uncertain global economy.
Liu urged accelerated industrial restructuring, innovation and a change in the development mode.
Su Ning, deputy governor of the PBOC, also agreed with Han, saying there was still room for more domestic consumption. Sun added the central bank would adopt a flexible and prudent monetary policy.
Fu Ziying, Vice Minister of Commerce, said it would be tougher to maintain stable export growth next year because of global financial turmoil. Fu said the government should increase support to export-oriented enterprises.
Trade on Autumn and Winter Polyester Spandex Stretch Fabrics Rebound Slightly in Autumn
[ 2008-11-06 ]
Recently, specially from Oct. 27 to Nov. 2, partial deals on autumn and winter fabrics in China Textile City markets are relatively active. Autumn and winter polyester spandex stretch fabrics shown on the markets are increasing accordingly. Spot goods are mainly promoted in different varieties, partial deals are relatively active, the trade volume on polyester spandex stretch fabrics tend to fluctuate violently in a uptrend in these days. The prices of spot goods sometimes keep steady, sometimes drop down. Parts of the popular spot goods with large volume and scales have dropping prices, while some new-style novel fabrics still get a slight increase in order prices.
On recent markets, on the first floor of Western Market of China Textile City, autumn stretch fabrics come into the markets and take the majority of market shares, whose spot goods volume are growing apparently. To avoid the business risk on selling the same varieties in the same time and the demand on cutting down the prices from customers, each business runners sell different kinds of autumn and winter spot goods and take the road of differentiation on raw material proportion and weaving styles. This series of products are produced at Xiaoshan and Shaoxing region, where the weaving factories have high product output and fast delivery after using air-jet looms and rapier looms. Some manufactures, companies with a shop in front and a factory behind and big sellers having contracting the machines and sales volumes dominate the market. Because of powerful product development strength and a short period for offering new-style fabrics, these business runners have lots of target old customers. Most of business shops have their own sales channels for normal polyester spandex stretch fabrics, including 250D(DTY+FDY)compounded yarn covered 40D spandex 4-way stretch, 250DDTY covered 40Dspandex 4-way stretch, 1500DDTY+1500D(DTY+FDY)compounded yarn covered 40D spandex 4-way stretch, 1500DDTY+150DDTY covered 40D spandex 4-way stretch, and 300DDTY covered 40D spandex 4-way stretch. Autumn 4-way stretch ramie in fashion style, with 50DDTY covered cationic yarn covered special yarn covered 40D spandex warp and weft double-beat yarn, are widely welcomed by target customers,. The prices of poplar spot goods keep steady in a downtrend, and the prices of partial new-style fabrics keep steady in an uptrend.
Recently, in fashionable autumn stretch fabrics, the cationic 4-way stretch in the price about 460?60g/m partially take the advantage on raw material composition proportion and weaving styles. Compared with the fabrics in the same category, 200D cationic DTY covered 108D triangle luster textured yarn covered 40D spandex 4-way stretch ramie, 32S rayon clolored yarn covered 250D cationic FDY filament 4-way stretch, 300D cationic DTY covered 40D spandex 4-way stretch and100DDTY low-elastic black yarn covered 200D triangle luster textured FDY net yarn 4-way stretch, are welcomed by target customers.
The trade on autumn and winter polyester spandex stretch fabrics go smoothly in these days. In parts of business shops at the first floor in Western Market of China textile city and the first floor in Union Market, polyester spandex stretch, such as 250DDTY covered 40D spandex twilled satin weft stretch, 300DDTY covered 40D spandex twilled satin weft stretch, 250DDTY covered 40D spandex twilled satin 4-way stretch and 300DDTY covered 40Dspandex twilled satin 4-way stretch, in the width 150CM and the price about 460?60 g/m, the trade partially become relatively active. The various dark fabrics used for making autumn and winter men's and ladies' trousers attract many target apparel manufactures to place orders for different varieties. Polyester spandex stretch fabrics in China textile city have already walk out from the sales for large quantity.of low-grade staple goods. Varieties in differentiation and individualization attract more target customers to order. Autumn and winter spandex fabrics partially sell well.
Due to the international financial crisis, the price of polyester chips tends to be weak, so does the price of polyester fibers. The prices of polyester spandex stretch grey cloths decline slightly. The finished dyed polyester spandex fabric in popular styles have a little discount on order prices, about 0.10?.20 yuan/m, and the spot goods price of some staple goods on polyester spandex fabrics which have large quantities and scales on the market are about 0.10?.30 yuan/m. In parts of large business shops, the order prices of new-style novel fabrics in small quantities tend to be up slightly.
☆ About China Textile City ☆
China Textile City was built in 1988, which is the first professional market named with "china", including four parts: Fabric market in the south, apparel and accessories market in the north, company-oriented international trade zone in the center and textile raw material market in the west. It covers a building area of 220,000 square meters.
Over 12,000 operators stay here including 370 foreign representative organizations and foreign investment trade companies and more than 2,500 overseas purchasers. In 2006, the total transaction was up to RMB50 billion including exports value of USD4 billion. It is currently the largest and well-equipped textiles market in Asia with prosperous business and sound service.
Recently, specially from Oct. 27 to Nov. 2, partial deals on autumn and winter fabrics in China Textile City markets are relatively active. Autumn and winter polyester spandex stretch fabrics shown on the markets are increasing accordingly. Spot goods are mainly promoted in different varieties, partial deals are relatively active, the trade volume on polyester spandex stretch fabrics tend to fluctuate violently in a uptrend in these days. The prices of spot goods sometimes keep steady, sometimes drop down. Parts of the popular spot goods with large volume and scales have dropping prices, while some new-style novel fabrics still get a slight increase in order prices.
On recent markets, on the first floor of Western Market of China Textile City, autumn stretch fabrics come into the markets and take the majority of market shares, whose spot goods volume are growing apparently. To avoid the business risk on selling the same varieties in the same time and the demand on cutting down the prices from customers, each business runners sell different kinds of autumn and winter spot goods and take the road of differentiation on raw material proportion and weaving styles. This series of products are produced at Xiaoshan and Shaoxing region, where the weaving factories have high product output and fast delivery after using air-jet looms and rapier looms. Some manufactures, companies with a shop in front and a factory behind and big sellers having contracting the machines and sales volumes dominate the market. Because of powerful product development strength and a short period for offering new-style fabrics, these business runners have lots of target old customers. Most of business shops have their own sales channels for normal polyester spandex stretch fabrics, including 250D(DTY+FDY)compounded yarn covered 40D spandex 4-way stretch, 250DDTY covered 40Dspandex 4-way stretch, 1500DDTY+1500D(DTY+FDY)compounded yarn covered 40D spandex 4-way stretch, 1500DDTY+150DDTY covered 40D spandex 4-way stretch, and 300DDTY covered 40D spandex 4-way stretch. Autumn 4-way stretch ramie in fashion style, with 50DDTY covered cationic yarn covered special yarn covered 40D spandex warp and weft double-beat yarn, are widely welcomed by target customers,. The prices of poplar spot goods keep steady in a downtrend, and the prices of partial new-style fabrics keep steady in an uptrend.
Recently, in fashionable autumn stretch fabrics, the cationic 4-way stretch in the price about 460?60g/m partially take the advantage on raw material composition proportion and weaving styles. Compared with the fabrics in the same category, 200D cationic DTY covered 108D triangle luster textured yarn covered 40D spandex 4-way stretch ramie, 32S rayon clolored yarn covered 250D cationic FDY filament 4-way stretch, 300D cationic DTY covered 40D spandex 4-way stretch and100DDTY low-elastic black yarn covered 200D triangle luster textured FDY net yarn 4-way stretch, are welcomed by target customers.
The trade on autumn and winter polyester spandex stretch fabrics go smoothly in these days. In parts of business shops at the first floor in Western Market of China textile city and the first floor in Union Market, polyester spandex stretch, such as 250DDTY covered 40D spandex twilled satin weft stretch, 300DDTY covered 40D spandex twilled satin weft stretch, 250DDTY covered 40D spandex twilled satin 4-way stretch and 300DDTY covered 40Dspandex twilled satin 4-way stretch, in the width 150CM and the price about 460?60 g/m, the trade partially become relatively active. The various dark fabrics used for making autumn and winter men's and ladies' trousers attract many target apparel manufactures to place orders for different varieties. Polyester spandex stretch fabrics in China textile city have already walk out from the sales for large quantity.of low-grade staple goods. Varieties in differentiation and individualization attract more target customers to order. Autumn and winter spandex fabrics partially sell well.
Due to the international financial crisis, the price of polyester chips tends to be weak, so does the price of polyester fibers. The prices of polyester spandex stretch grey cloths decline slightly. The finished dyed polyester spandex fabric in popular styles have a little discount on order prices, about 0.10?.20 yuan/m, and the spot goods price of some staple goods on polyester spandex fabrics which have large quantities and scales on the market are about 0.10?.30 yuan/m. In parts of large business shops, the order prices of new-style novel fabrics in small quantities tend to be up slightly.
☆ About China Textile City ☆
China Textile City was built in 1988, which is the first professional market named with "china", including four parts: Fabric market in the south, apparel and accessories market in the north, company-oriented international trade zone in the center and textile raw material market in the west. It covers a building area of 220,000 square meters.
Over 12,000 operators stay here including 370 foreign representative organizations and foreign investment trade companies and more than 2,500 overseas purchasers. In 2006, the total transaction was up to RMB50 billion including exports value of USD4 billion. It is currently the largest and well-equipped textiles market in Asia with prosperous business and sound service.
Esprit's biggest store opens in Solana
[ 2008-11-03 ]
Esprit, the leading international lifestyle brand, has opened its biggest store at Solana shopping mall in Beijing.
Occupying more than 1,000 sqm, the store has all the brand's collections and product lines, ranging from handbags and casual wear to sunglasses and shoes.
A fashion show of the brand's latest designs was also held to showcase the trends for this fall and winter.
Rock 'n' Roll and pop looks are what's in vogue at Esprit this winter. Knitted pullovers, cardigans, long-sleeve polo shirts make a bold statement with elegant dark denim styles. The design is slim: longer hems, the emphasized waist, flared pants in structured cotton fabrics and minimalist patterns emphasize the silhouette.
The women's collection sets out on a journey of a cross-cultural mix of two to three colors, flat floral prints, simplified geometric prints and oversized motifs. Blazers and suit styles complement contemporary soft dressing while the flowing tops and dresses contrast the accentuated waistlines of skirts and trousers.
Jewel-studded necklines add glamor to the range. Subdued colors in grey and brown, neutrals, twilight tones and precious jewel colors in a variety of materials, guarantee a dazzling effect. In Esprit's EDC woman collection, the leather biker jacket becomes a tough style breaker of sweet schoolgirl styles and feminine Marlene trousers are coupled with printed T-shirts.
Esprit, the leading international lifestyle brand, has opened its biggest store at Solana shopping mall in Beijing.
Occupying more than 1,000 sqm, the store has all the brand's collections and product lines, ranging from handbags and casual wear to sunglasses and shoes.
A fashion show of the brand's latest designs was also held to showcase the trends for this fall and winter.
Rock 'n' Roll and pop looks are what's in vogue at Esprit this winter. Knitted pullovers, cardigans, long-sleeve polo shirts make a bold statement with elegant dark denim styles. The design is slim: longer hems, the emphasized waist, flared pants in structured cotton fabrics and minimalist patterns emphasize the silhouette.
The women's collection sets out on a journey of a cross-cultural mix of two to three colors, flat floral prints, simplified geometric prints and oversized motifs. Blazers and suit styles complement contemporary soft dressing while the flowing tops and dresses contrast the accentuated waistlines of skirts and trousers.
Jewel-studded necklines add glamor to the range. Subdued colors in grey and brown, neutrals, twilight tones and precious jewel colors in a variety of materials, guarantee a dazzling effect. In Esprit's EDC woman collection, the leather biker jacket becomes a tough style breaker of sweet schoolgirl styles and feminine Marlene trousers are coupled with printed T-shirts.
The U.S. Carters lands in Shanghai
[ 2008-11-04 ]
Currently, the children’s wear brand "Carter 's" makes its Mainland China debut on the Bund by the Huangpu River, which is regarded as the landmark building of Shanghai and a high-end fashion chamber.
Shanghai Garchi Dress & Ornaments Co.,Ltd. is the general agent of the well-known U.S. children's wear brand OSHKOSH, launching an attrack once again this time. It operates "Carter's" franchised by the U.S. company, which shows its great strength and confidence in children’s wear market of China.
On the same day, the representatives of Shanghai Bailian Group, Huaihai Young Supplies, Gold Square, Jiuguang Department Store, Isetan Meilong, Shanghai Pacific, Parkson, Beijing Lufthansa, Beijing Pacific, Parkson Qingdao, Zhengzhou Grand Kingbird, Chongqing Department Store, Chengdu Pacific, CITIC Shenyang, Shenyang New Mart, Suzhou Taihua Mall and Changsha Wangfujing had attended this product introduction meeting.
Shao Keqin, the general manager of Shanghai Huaihai Young Supplies said that although the entering of Carters will prick up the competition in the children’s wear market in China, this U.S. children's wear brand has a long history, profound culture and good market prospect, which is viewed as a potential one of the international brands.
On the other hand, the international children's wear brands enter China one after another, which also shows that China has become a children's wear market with "strategic vital importance." With the advent of baby boom of the first generation only-children, the children's wear market has hundreds of millions of "attractive pies"
Currently, the children’s wear brand "Carter 's" makes its Mainland China debut on the Bund by the Huangpu River, which is regarded as the landmark building of Shanghai and a high-end fashion chamber.
Shanghai Garchi Dress & Ornaments Co.,Ltd. is the general agent of the well-known U.S. children's wear brand OSHKOSH, launching an attrack once again this time. It operates "Carter's" franchised by the U.S. company, which shows its great strength and confidence in children’s wear market of China.
On the same day, the representatives of Shanghai Bailian Group, Huaihai Young Supplies, Gold Square, Jiuguang Department Store, Isetan Meilong, Shanghai Pacific, Parkson, Beijing Lufthansa, Beijing Pacific, Parkson Qingdao, Zhengzhou Grand Kingbird, Chongqing Department Store, Chengdu Pacific, CITIC Shenyang, Shenyang New Mart, Suzhou Taihua Mall and Changsha Wangfujing had attended this product introduction meeting.
Shao Keqin, the general manager of Shanghai Huaihai Young Supplies said that although the entering of Carters will prick up the competition in the children’s wear market in China, this U.S. children's wear brand has a long history, profound culture and good market prospect, which is viewed as a potential one of the international brands.
On the other hand, the international children's wear brands enter China one after another, which also shows that China has become a children's wear market with "strategic vital importance." With the advent of baby boom of the first generation only-children, the children's wear market has hundreds of millions of "attractive pies"
2008-11-04
HK's retail sales rise 6.9 percent
[ 2008-11-05 ]
Local fashion retailer Wanko offers a discount of up to 80 percent to boost sales yesterday. CNS
The value of Hong Kong's retail sales in September reached HK$20.9 billion - a 6.9 percent increase over the same period last year even though consumer spending was hit by heavy losses in the stock and property markets amid the global financial crisis, said Census and Statistics Department on its website yesterday.
The city's bench mark Hang Seng Index (HSI) fell 48 percent this year as a global meltdown threatens corporate earnings and jobs. Sales of new apartments may drop this year to the lowest since records started in 1996, according to Centaline Property Agency Ltd.
Joanne Yim, chief economist at Hang Seng Bank, thinks retail business is likely to be stagnant for several quarters. "The negative wealth effects from the stock and property market corrections made consumers more cautious in their spending, as reflected by the sluggish growth in the sales of luxury items."
"The outlook for domestic demand is not optimistic either. The labor market is set to deteriorate rapidly, hitting consumer income and spending," she said.
Spending on footwear and clothing products decreased by 0.2 percent after climbing 4.5 percent, while sales of food, alcoholic drinks and tobacco rose 8.7 percent in September from a year earlier, the government said.
Sales of rice and cooking oil recorded increases because many have decided to cook at home, said Caroline Mak, chairman of Hong Kong Retail Management Association.
"We have seen many retailers bring up Christmas sales promotions earlier than before," she told reporters at a telephone conference yesterday. "Some working suit shops have seen over 20 percent drop in sales, as some retailers may not be able to pay their rents if sales decrease over 20 percent."
"We haven't heard any tenant suffering from serious financial problems but they all urge us to conduct promotion to lure customers to spend," said Winney Leung at promotion and advertising department of Times Square.
Customers can be rewarded with coupons for every HK$100 spent in one of Hong Kong's largest shopping malls. "HK$100 is the lowest requirement we've ever had; we used to set the line at HK$500, but we want to do our very best to whet customers' shopping appetite," said Leung. "We will also make extra effort to adorn the mall with more eye-catching Christmas decorations this year."
After adjusting for inflation, retail sales rose 1.8 percent in September from a year earlier after gaining a revised 3.7 percent in August, the government said.
Hong Kong's economy expanded 4.2 percent in the second quarter, the slowest pace in almost five years, as exports and domestic demand cooled down. Growth will probably slow down to between 4 percent and 5 percent this year from 6.4 percent in 2007, the government forecasts.
Jobless rate climbed to 3.4 percent in the three months through September 30 from the lowest level in a decade, as companies cut back on hiring.
Retail sales in August were HK$22.8 billion, a 10.4 percent increase by value.
Local fashion retailer Wanko offers a discount of up to 80 percent to boost sales yesterday. CNS
The value of Hong Kong's retail sales in September reached HK$20.9 billion - a 6.9 percent increase over the same period last year even though consumer spending was hit by heavy losses in the stock and property markets amid the global financial crisis, said Census and Statistics Department on its website yesterday.
The city's bench mark Hang Seng Index (HSI) fell 48 percent this year as a global meltdown threatens corporate earnings and jobs. Sales of new apartments may drop this year to the lowest since records started in 1996, according to Centaline Property Agency Ltd.
Joanne Yim, chief economist at Hang Seng Bank, thinks retail business is likely to be stagnant for several quarters. "The negative wealth effects from the stock and property market corrections made consumers more cautious in their spending, as reflected by the sluggish growth in the sales of luxury items."
"The outlook for domestic demand is not optimistic either. The labor market is set to deteriorate rapidly, hitting consumer income and spending," she said.
Spending on footwear and clothing products decreased by 0.2 percent after climbing 4.5 percent, while sales of food, alcoholic drinks and tobacco rose 8.7 percent in September from a year earlier, the government said.
Sales of rice and cooking oil recorded increases because many have decided to cook at home, said Caroline Mak, chairman of Hong Kong Retail Management Association.
"We have seen many retailers bring up Christmas sales promotions earlier than before," she told reporters at a telephone conference yesterday. "Some working suit shops have seen over 20 percent drop in sales, as some retailers may not be able to pay their rents if sales decrease over 20 percent."
"We haven't heard any tenant suffering from serious financial problems but they all urge us to conduct promotion to lure customers to spend," said Winney Leung at promotion and advertising department of Times Square.
Customers can be rewarded with coupons for every HK$100 spent in one of Hong Kong's largest shopping malls. "HK$100 is the lowest requirement we've ever had; we used to set the line at HK$500, but we want to do our very best to whet customers' shopping appetite," said Leung. "We will also make extra effort to adorn the mall with more eye-catching Christmas decorations this year."
After adjusting for inflation, retail sales rose 1.8 percent in September from a year earlier after gaining a revised 3.7 percent in August, the government said.
Hong Kong's economy expanded 4.2 percent in the second quarter, the slowest pace in almost five years, as exports and domestic demand cooled down. Growth will probably slow down to between 4 percent and 5 percent this year from 6.4 percent in 2007, the government forecasts.
Jobless rate climbed to 3.4 percent in the three months through September 30 from the lowest level in a decade, as companies cut back on hiring.
Retail sales in August were HK$22.8 billion, a 10.4 percent increase by value.
China to focus on domestic consumption amid global uncertainties
[ 2008-11-04 ]
China's government should continue efforts to expand domestic consumption amid the global economic uncertainty, said Liu Tienan, Vice Minister of the National Development and Reform Commission, in remarks published on Monday.
The fundamentals of China's economy were sound, but the country also faced challenges, Liu said during an industry meeting in Beijing at the weekend, according to Monday's China Securities Journal.
China should step up efforts in industrial restructuring, innovation and changing its development mode.
He called for more support for farmers and more public resources allocated to improve social welfare.
Su Ning, deputy governor of the People's Bank of China, the central bank, said at the meeting that there was "still room to tap more domestic consumption" and the central bank would adopt a flexible and prudent monetary policy.
Some experts present at the meeting held stable economic development depended on a proactive fiscal policy and a more relaxed monetary policy to prevent economic decline.
China's economy grew at 9 percent in the third quarter over the same period last year, the slowest rate in five years, as the global financial crisis sapped demand for Chinese goods, and domestic industrial production waned in response to weak demand and rising raw material costs.
Fu Ziying, Vice Minister of Commerce, said it would be more difficult to maintain stable export growth next year because of the global financial turmoil.
Fu said the government should give more support to help export-oriented enterprises to tide them over difficulties.
China's government should continue efforts to expand domestic consumption amid the global economic uncertainty, said Liu Tienan, Vice Minister of the National Development and Reform Commission, in remarks published on Monday.
The fundamentals of China's economy were sound, but the country also faced challenges, Liu said during an industry meeting in Beijing at the weekend, according to Monday's China Securities Journal.
China should step up efforts in industrial restructuring, innovation and changing its development mode.
He called for more support for farmers and more public resources allocated to improve social welfare.
Su Ning, deputy governor of the People's Bank of China, the central bank, said at the meeting that there was "still room to tap more domestic consumption" and the central bank would adopt a flexible and prudent monetary policy.
Some experts present at the meeting held stable economic development depended on a proactive fiscal policy and a more relaxed monetary policy to prevent economic decline.
China's economy grew at 9 percent in the third quarter over the same period last year, the slowest rate in five years, as the global financial crisis sapped demand for Chinese goods, and domestic industrial production waned in response to weak demand and rising raw material costs.
Fu Ziying, Vice Minister of Commerce, said it would be more difficult to maintain stable export growth next year because of the global financial turmoil.
Fu said the government should give more support to help export-oriented enterprises to tide them over difficulties.
The U.S. Carters lands in Shanghai
[ 2008-11-04 ]
Currently, the children’s wear brand "Carter 's" makes its Mainland China debut on the Bund by the Huangpu River, which is regarded as the landmark building of Shanghai and a high-end fashion chamber.
Shanghai Garchi Dress & Ornaments Co.,Ltd. is the general agent of the well-known U.S. children's wear brand OSHKOSH, launching an attrack once again this time. It operates "Carter's" franchised by the U.S. company, which shows its great strength and confidence in children’s wear market of China.
On the same day, the representatives of Shanghai Bailian Group, Huaihai Young Supplies, Gold Square, Jiuguang Department Store, Isetan Meilong, Shanghai Pacific, Parkson, Beijing Lufthansa, Beijing Pacific, Parkson Qingdao, Zhengzhou Grand Kingbird, Chongqing Department Store, Chengdu Pacific, CITIC Shenyang, Shenyang New Mart, Suzhou Taihua Mall and Changsha Wangfujing had attended this product introduction meeting.
Shao Keqin, the general manager of Shanghai Huaihai Young Supplies said that although the entering of Carters will prick up the competition in the children’s wear market in China, this U.S. children's wear brand has a long history, profound culture and good market prospect, which is viewed as a potential one of the international brands.
On the other hand, the international children's wear brands enter China one after another, which also shows that China has become a children's wear market with "strategic vital importance." With the advent of baby boom of the first generation only-children, the children's wear market has hundreds of millions of "attractive pies"
Currently, the children’s wear brand "Carter 's" makes its Mainland China debut on the Bund by the Huangpu River, which is regarded as the landmark building of Shanghai and a high-end fashion chamber.
Shanghai Garchi Dress & Ornaments Co.,Ltd. is the general agent of the well-known U.S. children's wear brand OSHKOSH, launching an attrack once again this time. It operates "Carter's" franchised by the U.S. company, which shows its great strength and confidence in children’s wear market of China.
On the same day, the representatives of Shanghai Bailian Group, Huaihai Young Supplies, Gold Square, Jiuguang Department Store, Isetan Meilong, Shanghai Pacific, Parkson, Beijing Lufthansa, Beijing Pacific, Parkson Qingdao, Zhengzhou Grand Kingbird, Chongqing Department Store, Chengdu Pacific, CITIC Shenyang, Shenyang New Mart, Suzhou Taihua Mall and Changsha Wangfujing had attended this product introduction meeting.
Shao Keqin, the general manager of Shanghai Huaihai Young Supplies said that although the entering of Carters will prick up the competition in the children’s wear market in China, this U.S. children's wear brand has a long history, profound culture and good market prospect, which is viewed as a potential one of the international brands.
On the other hand, the international children's wear brands enter China one after another, which also shows that China has become a children's wear market with "strategic vital importance." With the advent of baby boom of the first generation only-children, the children's wear market has hundreds of millions of "attractive pies"
Esprit's biggest store opens in Solana
[2008-11-03]
Esprit, the leading international lifestyle brand, has opened its biggest store at Solana shopping mall.
Occupying more than 1,000 sqm, the store has all the brand's collections and product lines, ranging from handbags and casual wear to sunglasses and shoes.
A fashion show of the brand's latest designs was also held to showcase the trends for this fall and winter.
Rock 'n' Roll and pop looks are what's in vogue at Esprit this winter. Knitted pullovers, cardigans, long-sleeve polo shirts make a bold statement with elegant dark denim styles. The design is slim: longer hems, the emphasized waist, flared pants in structured cotton fabrics and minimalist patterns emphasize the silhouette.
The women's collection sets out on a journey of a cross-cultural mix of two to three colors, flat floral prints, simplified geometric prints and oversized motifs. Blazers and suit styles complement contemporary soft dressing while the flowing tops and dresses contrast the accentuated waistlines of skirts and trousers.
Jewel-studded necklines add glamor to the range. Subdued colors in grey and brown, neutrals, twilight tones and precious jewel colors in a variety of materials, guarantee a dazzling effect. In Esprit's EDC woman collection, the leather biker jacket becomes a tough style breaker of sweet schoolgirl styles and feminine Marlene trousers are coupled with printed T-shirts.
Esprit, the leading international lifestyle brand, has opened its biggest store at Solana shopping mall.
Occupying more than 1,000 sqm, the store has all the brand's collections and product lines, ranging from handbags and casual wear to sunglasses and shoes.
A fashion show of the brand's latest designs was also held to showcase the trends for this fall and winter.
Rock 'n' Roll and pop looks are what's in vogue at Esprit this winter. Knitted pullovers, cardigans, long-sleeve polo shirts make a bold statement with elegant dark denim styles. The design is slim: longer hems, the emphasized waist, flared pants in structured cotton fabrics and minimalist patterns emphasize the silhouette.
The women's collection sets out on a journey of a cross-cultural mix of two to three colors, flat floral prints, simplified geometric prints and oversized motifs. Blazers and suit styles complement contemporary soft dressing while the flowing tops and dresses contrast the accentuated waistlines of skirts and trousers.
Jewel-studded necklines add glamor to the range. Subdued colors in grey and brown, neutrals, twilight tones and precious jewel colors in a variety of materials, guarantee a dazzling effect. In Esprit's EDC woman collection, the leather biker jacket becomes a tough style breaker of sweet schoolgirl styles and feminine Marlene trousers are coupled with printed T-shirts.
2008-11-02
The Largest Clothing Market in East China Opened
[ 2008-10-24 ]
21st Oct, the first phase of Sijiqing Clothing Business Center in Jiubao was opened, so another bigger Sijiqing turns up in Hangzhou besides the one in Hanghai Road.
Sijiqing Clothing Business Center connects with Hangzhou Economic and Technological Development zone and NO. 8 Qianjiang Bridge on the east, Desheng Road, Hangzhou Bus Passenger Transportation Center and Jiubao Tube Station of NO. 1 tube line on the south and Shanghai-Hangzhou-Ningbo highway on the west as well as Hangzhou Surround Urban Freeway on the north.
The whole center plans to cover 5227 mu, which will be divided into two big regions, the clothing business and the logistics parts. The first phase of the center covers 361 mu with over 7000 stalls, consisting of six buildings. Five buildings will be used as special markets, involving in suit-dress, shoe, leather and sportsware, mans'wear etc..
To develop together with the old Sijiqing, the center will mainly engage in the wholesale of middle and high grade clothing, while the old one will focus on retailing, designing, showing and publishing information.
21st Oct, the first phase of Sijiqing Clothing Business Center in Jiubao was opened, so another bigger Sijiqing turns up in Hangzhou besides the one in Hanghai Road.
Sijiqing Clothing Business Center connects with Hangzhou Economic and Technological Development zone and NO. 8 Qianjiang Bridge on the east, Desheng Road, Hangzhou Bus Passenger Transportation Center and Jiubao Tube Station of NO. 1 tube line on the south and Shanghai-Hangzhou-Ningbo highway on the west as well as Hangzhou Surround Urban Freeway on the north.
The whole center plans to cover 5227 mu, which will be divided into two big regions, the clothing business and the logistics parts. The first phase of the center covers 361 mu with over 7000 stalls, consisting of six buildings. Five buildings will be used as special markets, involving in suit-dress, shoe, leather and sportsware, mans'wear etc..
To develop together with the old Sijiqing, the center will mainly engage in the wholesale of middle and high grade clothing, while the old one will focus on retailing, designing, showing and publishing information.
Chinese official:China's strong domestic demand to keep its economy growing
[ 2008-10-24 ]
Zhang Ping, Chairman of China's National Development and Reform Commission, said here on Tuesday that China 's 1.3 billion consumers are set to underpin continuing Chinese growth, helping China to counter a slowdown across the industrialized world.
Zhang told a press conference in the parliament house jointly with Australian Treasurer Wayne Swan that China will be able maintain growth of around 9 percent despite the global financial crisis because of strong domestic demand.
"Due to the action of economic turbulence outside of China, there is some slowdown in our growth rate," Zhang said. "But according to my predictions I think the growth rate of China's economy will still be kept at 9 percent."
China would benefit from ongoing reform of its economy, Zhang said, as well as its substantial population.
"China is a country with 1.3 billion population, China itself is a large market," he said.
Zhang had talks with Treasurer Wayne Swan Tuesday morning and met with Prime Minister Kevin Rudd late in the afternoon. He is scheduled to meet Trade Minister Simon Crean on Wednesday.
"The importance of China and its economic growth to Australia and to the world has never been greater," Swan said at the press conference.
"Over the past 25 years, the Chinese economy has grown at an annual average rate of around 10 percent in real terms, and over the past decade it has accounted for around 20 percent of global growth.
"China is now our largest trading partner and second largest export destination," Swan told reporters.
Swan and Zhang discussed continuing negotiations on a free trade agreement, which began in 2005.
"Both sides have always acknowledged the FTA will take time and it will take time. We have a commitment to discuss all of the issues in the FTA" Swan said.
Zhang Ping, Chairman of China's National Development and Reform Commission, said here on Tuesday that China 's 1.3 billion consumers are set to underpin continuing Chinese growth, helping China to counter a slowdown across the industrialized world.
Zhang told a press conference in the parliament house jointly with Australian Treasurer Wayne Swan that China will be able maintain growth of around 9 percent despite the global financial crisis because of strong domestic demand.
"Due to the action of economic turbulence outside of China, there is some slowdown in our growth rate," Zhang said. "But according to my predictions I think the growth rate of China's economy will still be kept at 9 percent."
China would benefit from ongoing reform of its economy, Zhang said, as well as its substantial population.
"China is a country with 1.3 billion population, China itself is a large market," he said.
Zhang had talks with Treasurer Wayne Swan Tuesday morning and met with Prime Minister Kevin Rudd late in the afternoon. He is scheduled to meet Trade Minister Simon Crean on Wednesday.
"The importance of China and its economic growth to Australia and to the world has never been greater," Swan said at the press conference.
"Over the past 25 years, the Chinese economy has grown at an annual average rate of around 10 percent in real terms, and over the past decade it has accounted for around 20 percent of global growth.
"China is now our largest trading partner and second largest export destination," Swan told reporters.
Swan and Zhang discussed continuing negotiations on a free trade agreement, which began in 2005.
"Both sides have always acknowledged the FTA will take time and it will take time. We have a commitment to discuss all of the issues in the FTA" Swan said.
China works to ensure textile export growth in 2009
[ 2008-10-29 ]
China will take comprehensive measures next year to ensure a stable textile export growth, the Ministry of Commerce (MOFCOM) said on Sunday.
Since the country's textile export faces complex situation amid a world economy slowdown and financial turmoil, the country should try to provide its textile industry with a sound external trade environment, said a senior official with the MOFCOM's foreign trade department.
Figures from China Customs showed the nation's textile and garment exports hit $136.94 billion in the first nine months, up 8.1 percent year on year. The growth rate was 11.9 percentage points lower from the same period last year.
Of this, export to the US stood at $19.24 billion in the first three quarters, representing an year-on-year increase of 1.4 percent, but the growth rate was 28 percentage points lower from the same period last year.
"The MOFCOM will strengthen cooperation and dialogue with textile trade partner countries. Relevant departments should ensure services and guide the enterprises to upgrade industrial structure," he said.
Meanwhile, he urged textile enterprises to adjust policies to adapt to a changing trade situation, avoid expending production ability at random, lift quality standard and enhance international competition ability.
China will take comprehensive measures next year to ensure a stable textile export growth, the Ministry of Commerce (MOFCOM) said on Sunday.
Since the country's textile export faces complex situation amid a world economy slowdown and financial turmoil, the country should try to provide its textile industry with a sound external trade environment, said a senior official with the MOFCOM's foreign trade department.
Figures from China Customs showed the nation's textile and garment exports hit $136.94 billion in the first nine months, up 8.1 percent year on year. The growth rate was 11.9 percentage points lower from the same period last year.
Of this, export to the US stood at $19.24 billion in the first three quarters, representing an year-on-year increase of 1.4 percent, but the growth rate was 28 percentage points lower from the same period last year.
"The MOFCOM will strengthen cooperation and dialogue with textile trade partner countries. Relevant departments should ensure services and guide the enterprises to upgrade industrial structure," he said.
Meanwhile, he urged textile enterprises to adjust policies to adapt to a changing trade situation, avoid expending production ability at random, lift quality standard and enhance international competition ability.
China and Italy are Building Creative Dress Design Platform in ICBD
[ 2008-10-28 ]
What’s ICBD?
Combing the international business background and domestic garment industry development, Shangzhifang is devoted to establish an ICBD (Central Business District for Industry), which is a centralized industrial base integrating trade, purchase, exhibition, R&D, information exchange, material flow and banking of a certain industry. It is usually located at a secondary central area of a first-tier city or a suburban district with convenient traffic, which is a sign of modernization of an industrial cluster. It is a platform for an industrial cluster with the industrial as the element.
Location
Situated at No.6066 of the Songze Road in the Qingpu District, the Shangzhifang Base is adjacent to the Hongqiao Traffic Hub, which is the auxiliary project of World Expo Shanghai 2010 covering an area of 26 square kilometers and planned to put into service in beginning of 2010. Geographically, the Hongqiao Traffic Hub will be a meeting point for communication lines such as Beijing-Shanghai High-speed Railway, Shanghai-Hangzhou Maglev Railway, Pudong Magiev Railway, No.2 Railway, No.10 Railway, and No.13 Railway. With scores of bus terminals and 2000 public parking lots located here, it will have an annual passenger throughput of scores of millions. Besides, standing at the west entrance of Shanghai, the Shangzhifang Base is the traffic artery from the area of Jiangsu and Zhejiang to Shanghai
Solutions to the Garment Industry
Occupying an area of 7.333 hectares, the Shanghai Base will adopt the best mode of assembling the garment industrial chain; provide solutions to all links including production, office working, exhibition, R&D, information exchange, purchase, storage and trade, and meet requirements of every garment enterprise for industry supporting services all sidely. The base is divided into four functional areas: the Creative Dress Design Platform, Italian Garments Centre in Shanghai, HQ of the Industrial Cluster, and the Comprehensive Supporting Services Area.
Italian Garment Centre in Shanghai
It works as the integrative service platform for development of Chinese and Italian garment enterprises, Italian’s enterprises’ entry to China, market exploitation and cooperation realization.
Main Functions
Act as agent of international famous garment brands, and assist with their operation in Chinese market;
Provide a purchase and trade platform for transnational purchasing agents of Italian garment enterprises;
Set up a exhibition and marketing platform for textile and finishing equipment suppliers;
Cooperate with the well-known textile and clothing R&D organizations and academic institutions, and release fashion information in time.
Spatial Layout
Building 5#: Space of Fashion Release and Designers
1st Floor for small-scale show and a 1000 square meters’ area for indoor fashion release (catwalk platform)
2nd Floor for Business Communication Club, which acts as the communication platform for designers and all links through upstream and downstream of garment industry
3rd Floor for workrooms of introduced famous designers to serve consumers in the base
Building 6#: Direct Marketing and Distribution Centre
Ground floor with an area of 7000 square meters for fashion brand products selling by means of direct marketing, distribution, discounting and wholesale.
By using the company’s marketing channels in Italy, Spain, Hungary and other European countries and the Shangzhifang service platform, from alliance or unit with domestic and international top and second-tier brand suppliers to develop selling market at home and abroud.
Contact:
Company: Shanghai Fastocity Textile Technology Co., Ltd.
E-mail: info@fastocity.com
Website: www.fastocity.com
Add: No.6066, Songze Avenue, Qingpu Induatrial Zone, Shanghai
Tel: +86-021-59786666 / 59867999
Fax: +86-021-59867666
What’s ICBD?
Combing the international business background and domestic garment industry development, Shangzhifang is devoted to establish an ICBD (Central Business District for Industry), which is a centralized industrial base integrating trade, purchase, exhibition, R&D, information exchange, material flow and banking of a certain industry. It is usually located at a secondary central area of a first-tier city or a suburban district with convenient traffic, which is a sign of modernization of an industrial cluster. It is a platform for an industrial cluster with the industrial as the element.
Location
Situated at No.6066 of the Songze Road in the Qingpu District, the Shangzhifang Base is adjacent to the Hongqiao Traffic Hub, which is the auxiliary project of World Expo Shanghai 2010 covering an area of 26 square kilometers and planned to put into service in beginning of 2010. Geographically, the Hongqiao Traffic Hub will be a meeting point for communication lines such as Beijing-Shanghai High-speed Railway, Shanghai-Hangzhou Maglev Railway, Pudong Magiev Railway, No.2 Railway, No.10 Railway, and No.13 Railway. With scores of bus terminals and 2000 public parking lots located here, it will have an annual passenger throughput of scores of millions. Besides, standing at the west entrance of Shanghai, the Shangzhifang Base is the traffic artery from the area of Jiangsu and Zhejiang to Shanghai
Solutions to the Garment Industry
Occupying an area of 7.333 hectares, the Shanghai Base will adopt the best mode of assembling the garment industrial chain; provide solutions to all links including production, office working, exhibition, R&D, information exchange, purchase, storage and trade, and meet requirements of every garment enterprise for industry supporting services all sidely. The base is divided into four functional areas: the Creative Dress Design Platform, Italian Garments Centre in Shanghai, HQ of the Industrial Cluster, and the Comprehensive Supporting Services Area.
Italian Garment Centre in Shanghai
It works as the integrative service platform for development of Chinese and Italian garment enterprises, Italian’s enterprises’ entry to China, market exploitation and cooperation realization.
Main Functions
Act as agent of international famous garment brands, and assist with their operation in Chinese market;
Provide a purchase and trade platform for transnational purchasing agents of Italian garment enterprises;
Set up a exhibition and marketing platform for textile and finishing equipment suppliers;
Cooperate with the well-known textile and clothing R&D organizations and academic institutions, and release fashion information in time.
Spatial Layout
Building 5#: Space of Fashion Release and Designers
1st Floor for small-scale show and a 1000 square meters’ area for indoor fashion release (catwalk platform)
2nd Floor for Business Communication Club, which acts as the communication platform for designers and all links through upstream and downstream of garment industry
3rd Floor for workrooms of introduced famous designers to serve consumers in the base
Building 6#: Direct Marketing and Distribution Centre
Ground floor with an area of 7000 square meters for fashion brand products selling by means of direct marketing, distribution, discounting and wholesale.
By using the company’s marketing channels in Italy, Spain, Hungary and other European countries and the Shangzhifang service platform, from alliance or unit with domestic and international top and second-tier brand suppliers to develop selling market at home and abroud.
Contact:
Company: Shanghai Fastocity Textile Technology Co., Ltd.
E-mail: info@fastocity.com
Website: www.fastocity.com
Add: No.6066, Songze Avenue, Qingpu Induatrial Zone, Shanghai
Tel: +86-021-59786666 / 59867999
Fax: +86-021-59867666
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