Home / Knowledge / News / Textiles / Chinese textile industry puts up mega show amid slump
Chinese textile industry puts up mega show amid slump
14
Jul '16
Amid a slump in the broader industry, the Chinese textile industry has put up a great display at the 17th edition of its annual Textile and Apparel Trade Show in its biggest market, the United States.

The exhibition is aimed at reinvigorating the industry, which has seen slowing customer demand over the past several years, the organisers said on Tuesday, the opening day of the three-day event at the Jacob K. Javits Convention Center in Manhattan, New York.

It has been no easy task to ensure the growth and success of this trade show at a time when the international textile industry is experiencing a historic reshaping in terms of supply chains and purchasing power," observed Gao Yong, vice-president of China National Textile and Apparel Council (CNTAC).

The mega-show is running concurrently at the Javits with other trade shows Texworld USA, Apparel Sourcing and Home Textiles Sourcing. It features more than 800 textile and fabric companies from 20 countries, 569 of which are from China.

More than any other market, a high-quality one like the US calls for top suppliers, Gao said adding that Chinese textile suppliers had always paid attention to the demands of their clientele.

As labour costs in China grow and many clothing companies shift their workforce to other Asian countries such as Vietnam, Pakistan and Bangladesh, China's textile exports have declined. However, US is the only country where its textile exports have been steady — there was a 1.5 % increase in exports in 2015 over 2014, according to California Apparel News.

Last year, Chinese textile exports fell for the first time in six years, dropping 5 % to $ 286.8 billion. Exports to the European Union fell 10.6 % year-on-year and to Japan by 12 %. Exports to ASEAN countries fell 1.7 %, according to customs data from China.

Nonetheless, US is still China's top textile partner, with those exports accounting for 17.2 % of the country's total exports. The shipments make up 38 % of the US market, Gao said.

Zhang Qiyue, China's consul general in New York, said that textiles and apparel particularly reflect the "growing business ties between the US and China". In the period from 2000 to 2015, bilateral textile and apparel trade grew from $ 6.2 billion to $ 48.5 billion, she said.

The organisers of the event are China National Textile and Apparel Council (CNTAC), China Council for the Promotion of International Trade, Specialized Textile and Apparel and Messe Frankfurt. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Urs Stalder
Sanitized AG

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

Mohammad Hassan
Biax Fiberfilm

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

Larry L Kinn
Suominen Corporation

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


April 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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

Active Poll

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

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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