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Chinese knitting sector to take steps for fast development
24
Dec '13
The knitting industry in China will initiate measures to promote the rapid development of the industry, in view of the several challenges faced by the industry.
 
At the Fourth Council of China Knitting Industry Association and Sustainable Development Forum cum market, recently held in Changshu City, Jiangsu Province, China Knitting Industry Association chairman Yang Shibin said the knitting industry is currently facing challenges from the government, market, industry and the changes brought about by the enterprises themselves.
 
He said innovation is the way out to deal with challenges and the association will introduce some measures to promote the rapid development of the industry.
 
Yang Shibin said China Knitting Industry Association would take measures in five specific areas to help enterprises enhance their competitiveness. First is to strengthen industry self-regulation and self-management to create high-quality knitwear. Second is to strengthen both domestic and export market by organizing tours to overseas enterprises to learn advanced techniques, and to actively look for new source of customers, and to develop new products for the Southeast Asian market.
 
The third step would be to promote integration of the first two steps by strengthening networks. The fourth measure would be to guide enterprises to build efficient chain. The last measure would be aimed at imparting skills training to workers.
 
From January to September 2013, China produced 9.41 billion knitted garments, which were not only supplied to the domestic market but were also exported to the US, the EU, Japan and Asean countries.
 
China’s exports of knitted apparel to the US, Europe, Japan and other developed countries showed a slight downward trend, due to the effect of the global economic situation. However, exports of Chinese knitted garments to Asean countries increased on a year-on-year basis during the nine-month period, according to the data from the China Knitting Industry Association.
 

Fibre2fashion News Desk - India

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