Home / Knowledge / News / Textiles / China's Zhangjiagang FTZ leads in wool industry
China's Zhangjiagang FTZ leads in wool industry
25
Jan '14
China’s textile industry has been experiencing many difficulties and setbacks in recent years due to the impact of the global economic downturn, but the Zhangjiagang Free Trade Zone (FTZ) in China’s Jiangsu province has fully played a leading role as the country’s wool production and export base.
 
The Zhangjiagang FTZ got advantage of agglomeration effect, and it relied on preferential bonded policy, convenient inspection and quarantine measures, and made a concerted effort to improve product quality, and make structural adjustments to promote wool exports.
 
According to statistics from the Zhangjiagang Inspection and Quarantine Bureau, in 2013, Zhangjiagang FTZ exported 23,500 tons of wool worth US$ 300 million, registering an increase of 36.3 percent year-on-year and 34 percent year-on-year, respectively. 
 
Zhangjiagang FTZ was able to become leader in China’s wool industry owing to certain characteristics and advantages. First, the wool enterprises located in the Zhangjiagang FTZ are relatively concentrated in terms of geographical area, which paves way for easy communication and exchange of information between enterprises.
 
Secondly, the FTZ has hundreds of international advanced production lines which meet the requirements for the production of high-quality products.
 
The FTZ has nearly 100,000 sq m of warehousing and raw wool storage facility, which is also an advantage.
 
In 2013, the FTZ exported wool to nearly 50 countries and regions, and Zhangjiagang bonded fleece wool trade has become a barometer of global trade. Further, due to active exploration of new models of export inspection and quarantine wool pigging separation, focus on strengthening the quality of enterprise management, technology updates, category management, and continuous improvement in the quality of products, Zhangjiagang FTZ wool export trade is bound to grow steadily.
 

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

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

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