Home / Knowledge / News / Apparel/Garments / Qingdao city leads way in achieving exports growth
Qingdao city leads way in achieving exports growth
23
Feb '09
The city of Qingdao, set up a joint committee from the government as well as trade in October, last year to help the cause of foreign trade. In all, nineteen measures, which should be adopted by the exporters, were adopted by the committee, which have now played an important role under the present distressing circumstances.

According to recently released customs statistics, exports from Qingdao have touched US $2.25 billion in January, a growth of 2.7 percent. This growth, though nominal, has come at a time when other enterprises in the country are struggling to just stay alive and maintain export levels achieved last year, rather than achieving growth in 2009.

This growth rate of 2.7 percent is 20.3 percent over and above the national average. The newly set up enterprises of 2008, the numbers which have increased by 1,527 over 2007, have helped to a great extent, by accounting for 12.8 percent of the total exports from the city in January, in reaching $229 million.

In the clothing category, exports touched $352 million, up 32.4 percent y-o-y, textile exports fetched $154 million, up 12.8 percent and footwear shipments marked $105 million, up by a flattering 40 5 percent, along with two other categories which were able to garner growth in double digits y-o-y.

From amongst exports to different countries, shipments to the United States, Japan and Africa achieved a year-on-year increase of 22.0 percent, 13.2 percent and 9.5 percent, respectively. In comparison, export figures from other provinces in China showed a double digit decline in most of the sectors.


Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X