Home / Knowledge / News / Textiles / 'Development of SMEs need more favorable policies' - Expert
'Development of SMEs need more favorable policies' - Expert
Mar '09
The spokesperson of the China Textile Industry Association and Director of Textile Economic Research Center, Mr Sun Huaibin recently said, “International situation in 2009 will be even more severe than 2008. Financial crisis is still not over and its impact is expanding, therefore textile industry will face even greater pressure”.

He added by saying, “Players who have sizeable markets shares in the domestic markets have been shielded from the external impact since the local economy has not been so affected and it will continue to be more relaxed in 2009, then it was in 2008 and the local markets still hold hope of an increase in momentum”.

He continued, “SMEs are mainstay of the textile industry with the proportion of small and medium-sized enterprises in the industry as high as 99.4 percent and development of these SME enterprises needs more favorable policies, since they are the most affected in a hostile environment like the one prevailing now”.

He observed by saying, “The plight faced by the textile industry in 2008 was mainly due to weakness in international market and now the enterprises are concentrating on domestic markets to offset the loss in overseas markets, since the introduction a few favourable policies by the Chinese government”.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Giorgio Mantovani
Corman S.p.A

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

Urs Stalder
Sanitized AG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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