Home / Knowledge / News / Textiles / Fewer buyers at China Import and Export Fair
Fewer buyers at China Import and Export Fair
05
Nov '12
There was a reduction in number of buyers attending the third phase of China Import and Export Fair, also called Canton Fair, this year.
 
The number of buyers visiting the third phase of the Canton Fair on the first day was 10 percent less compared to the visitors last year, according to the official data.
 
The buyers from Europe were 11 percent less than last year, while those from Japan and the US fell by 10 percent and 4 percent, respectively.
 
The first two phases of the Canton Fair are considered as barometer of China’s foreign trade, especially the export situation, for the next six months, while the third phase is mainly for bulk exports of textiles, garments, footwear, bags, etc.
 
Currently, two types of transfers are going on from China to other countries. First is the shift in investment, especially in labour-intensive industries like the textiles and garments.
 
The second transfer, a more common occurrence, is the shift in new orders to the Southeast Asian countries, while the enterprises stay in China.
 
Commenting on the situation, Zhang Xinmin, Vice president of the China Chamber of Commerce for Import and Export of Textiles, said at the Canton Fair that the transfer of textile and garment orders was significant, especially orders from the European and Japanese markets.
 
Zhang Xialing, Deputy Director General of the Foreign Trade Division in the Ministry of Commerce, said the textiles and apparel trade pattern in the world is changing.
 
He said while China's clothing industry has consolidated its position in the world, countries like Bangladesh and Vietnam have replaced South Korea and Taiwan to become important garment suppliers in the world.
 

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Liz Manning

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

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

C Dhandayuthapani

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Nisha Chanda
Whistling Woods International School of Fashion

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

Igor Chapurin
Chapurin

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

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

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
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

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
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

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
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


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