Home / Knowledge / News / Textiles / Textile exports from China's Nantong city post good growth
Textile exports from China's Nantong city post good growth
03
Jul '13
The textile exports from Nantong city, located in the Chinese province of Jiangsu, have posted good growth despite unfavourable conditions like slow recovery of the US economy, the European debt crisis and other factors.
 
From January to May 2013, Nantong companies exported 147,823,800 metres of textiles valued at US$ 277.052 million, posting a growth of 11.42 percent and 9.45 percent, respectively, compared to the same period of last year, according to data from the Nantong Inspection and Quarantine Bureau.
 
Textiles, including yarn and fabric varieties of cotton and polyester-cotton, from Nantong were exported to over 80 countries and regions. However, Asia accounted for more than 70 percent of Nantong textile exports during the five-month period.
 
According to experts, Nantong textile exports are gradually losing price competitiveness in international market due to rising domestic labour costs, higher prices of domestic cotton, RMB appreciation, and other factors.
 
This has narrowed profit margins of Nantong textile companies and has made it difficult for them to sustain their businesses.
 
In light of the situation, inspection and quarantine agencies have suggested that companies engaged in textile export businesses should enhance their design capacity, develop their own brands, explore new markets, upgrade production techniques and manufacture high-end retail items, and increase their ability to resist risks.
 
The inspection and quarantine institutions are embracing information and communication technology (ICT) service platform to help textile enterprises reduce export costs and improve the release rate.
 

Fibre2fashion News Desk - India


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

BIDA’s Europe trip to showcase a different Bangladesh

Apparel/Garments | On 19th Apr 2018

BIDA’s Europe trip to showcase a different Bangladesh

The Bangladesh Investment Development Authority (BIDA) is taking a...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Kerem Durdag
Biovation II LLC

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

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

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