Home / Knowledge / News / Textiles / Clothing cos urged not to depend on Govt policies
Clothing cos urged not to depend on Govt policies
26
Aug '08
Recently, it was reported that the Chinese Government had issued several favorable tax policies to boost the establishment of domestic clothes brands.

However, some insiders said that concrete policies had not yet been implemented. They said that, besides other policies, Government was still planning to issue some tax policies.

Industry insiders said that most of the Chinese clothes brands belong to the low-end or middle-end levels and enterprises still specialize in OEM. Less than 10 percent of Chinese clothes manufacturers are able to enter their brands into the global market. So, the added value of Chinese clothes products has been very low.

Considering the above factors, Chinese companies cannot solely depend on Government policies to recover their status. Infact, these schemes may not help much.

They stressed that the current problems in textile industry are due to trade situations outside China as well as internal factors like RMB appreciation, low value-added products, products failing to meet international quality standards and so on.

Thus, experts said that instead of eagerly awaiting new Government policies and depending on them, textile industry should get together and take bold actions to overcome measures to overcome problems and rise higher.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search