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Twelfth China textile & apparel fair opens in New York
21
Jul '11
The three-day exhibition of the twelfth China textile and apparel trade fair opened on July 19 in New York. The fair has been organized jointly by the Textile Branch of China International Trade Promotion and the China Textile Industry Association.

About 300 international textile companies from 16 countries, besides 323 companies from 18 Chinese provinces have taken part in this year's exhibition. This is the highest participation in the fair so far, which points to the increasing globalization of textile supply chain.

At the fair, representatives of various textile and apparel trade bodies get a chance to meet the exhibitors. This enables the participants in the trade fair to effectively understand the needs of the US market. They also get a feel of the trend in the US market, which will help them in designing appropriate products.

Through seminars and other interactive forums held on the sidelines of the fair, the organizers and exhibitors exchange their views. The focus of such discussion at this year's fair is on adding value to goods, particulalry in the context of unfavourable factors like more intense competition from other countries, rising costs of production, and RMB appreciation.

China National Textile and Apparel Council (CNTAC) Vice President, Wang Tiankai, says China is not a textile power yet, in spite of it being a big country. He predicts division of textile industry and re-layout will become big trends as the global economy progresses.

He said China's labour costs, and prices of energy and raw materials have sharply risen in recent times. Hence, in order to withstand competition from other countries, Chinese textile manufacturing firms would have to improve their value-added products. For this, they would have to upgrade their technology and brand-value, by improving both production and value chains, he added.

Fibre2fashion News Desk - China


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