Home / Knowledge / News / Textiles / Market pressures are driving forces for FeiYue
Market pressures are driving forces for FeiYue
10
Mar '08
At 8:00 pm at the opening of the 1st Session of the 11th NPC, an interview on Zhejiang delegation was held at the 1st-floor speech hall of the conference centre of Beijing Xindadu Hotel.

One hundred and seventeen media from home and abroad, such as People's Daily, Xinhua News Agency, CCTV, the United States Bloomberg news agency, and AFP, etc, with more than 200 reporters poured into the speech hall, even crowding the corridor.

Seven delegates of the Zhejiang delegation, including Qiu Jibao (president of Feiyue Group), Cai Qi (mayor of Hangzhou ), Mao Guanglie ( mayor of Ningbo), Yang Wei (president of Zhejiang University), Chen Xiao'en (director of the Office of Labour and Social Security ), Zhang Xinjian (general manager of China Telecom Zhejiang company), Li Dapeng (chairman of Kanglaite Group), answered reporters' questions on the theme of "Pioneering to enrich the people, innovating to strengthen the province". Secretary-General of Zhejiang Provincial People's Congress Standing Committee Yao Minsheng hosted the meeting.

When faced with the question "How would Feiyue, as an export-oriented enterprise, deal with the current business environment of the tightening monetary policy, declining export tax rebates , rising prices of raw materials, RMB appreciation and US dollars depreciation?", president Qiu replied that these factors were pressure but also driving force for Feiyue.

It would definitely be a dead end if Feiyue competes rivals with its superior position of large scale and low price as before which was just like "kick against the pricks".


Must ReadView All

Two slabs of GST will affect Bengaluru garment units: SIGA

Apparel/Garments | On 23rd Jan 2018

Two slabs of GST will affect Bengaluru garment units: SIGA

The South India Garment Association (SIGA) has voiced its concern...

US FTC updates textile rules to drop obsolete requirement

Textiles | On 23rd Jan 2018

US FTC updates textile rules to drop obsolete requirement

The US Federal Trade Commission has eliminated an obsolete provision...

Indian textile industry at inflection point: Report

Textiles | On 23rd Jan 2018

Indian textile industry at inflection point: Report

The textile and apparel sector of India is at an inflection point...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Vikas Banduke

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

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Rikesh Mistry

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

Urs Stalder
Sanitized AG

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

Kevin Nelson
TissueGen

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Prathyusha Garimella
Prathyusha Garimella

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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