Home / Knowledge / News / Apparel/Garments / Chinese buyers attracted to Taiwanese goods
Chinese buyers attracted to Taiwanese goods
11
May '10
Chinese traders now have their eye on Taiwan-made towels, socks and innerwear owing to its better quality and creative designs; this is despite fears of dwindling international competitiveness of domestic traditional firms.

During a four-day trade exhibition held last month in Dongguan, Guangdong province, Chinese buyers placed order amounting to about 800,000 Chinese yuan (US $117,180) with the Taiwanese exhibitors present at the expo.

For the Chinese buyers, Taiwanese goods were of both better quality and well-designed and therefore during the expo, Taiwanese exhibitors witnessed sales beyond their expectations.

As the traders from China consider bamboo, charcoal and fibre very healthy and therefore during the expo too, they were found more inclined towards goods made from these materials. Post the Dongguan expo, order book for goods made from bamboo, charcoal and fibre is expected to touch about 5 million Chinese yuan.

The government intends to assign NT $95 billion (US $3 billion) during the next ten years to improve the traditional labour-oriented firms. This will also help them reorganise their processes and thereby, improve competitiveness.

However, there is still certain amount of worry that looms above the domestic textile sector pertaining to the financial damage that could occur if-and-when the complete implementation of economic co-operation framework agreement (ECFA) takes place.

Overall, the Dongguan trade expo has encouraged Taiwanese producers about considering China as a profitable market for its old-economy sector.

Fibre2Fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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