Home / Knowledge / News / Textiles / Textile & garment export to EU maintains upward trend
Textile & garment export to EU maintains upward trend
11
Sep '08
EU and China had agreed to set up a joint monitoring system in October last year, to manage the transition from restrictive to non-restrictive trade, along with monitoring the export surges.

However, with the expiry of large number of Mainland Chinese textile and apparel quotas in 2007, this 'bilateral monitoring mechanism' entered into force in January 2008, covering product categories of 4,5,6,7,20,26,31 and 115.

According to the monitoring data of the first half, by the bilateral surveillance mechanism, textile and apparel imports of EU from Mainland China have been quite strong since the beginning of 2008.

In textile and clothing categories, under monitoring system, enterprises in Mainland China are expected to continue their good performance. Experts suggest that, Hong Kong will have to gradually reduce outward processing arrangements in the Mainland and focus on producing products of high quality. At the same time, Hong Kong has to be committed to maintain its own market share in EU's textile and apparel imports.

In the absence of quota restrictions, the current outward processing arrangements between Hong Kong and the Mainland for the EU market will not be important, but such cooperation mode of production will be reusable, if the EU imposes trade remedial measures against Mainland China.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kerem Durdag
Biovation II LLC

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Paolo Ocleppo
Sandvik Hyperion

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

Prathyusha Garimella
Prathyusha Garimella

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

Robert Brunner
Devereux

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

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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