Home / Knowledge / News / Textiles / ShanghaiTex to attract 120,000 visitors
ShanghaiTex to attract 120,000 visitors
07
Apr '09
Celebrating its 25th anniversary, the most established textile industry exhibition in China and the unique national brand, The 14th International Exhibition on Textile Industry (ShanghaiTex 2009) will be held on June 12 – 15, 2009 at Shanghai New International Expo Center, Pudong, Shanghai, PR China. It is expected that the exhibition area will reach 120,000 sqm and over 1,500 international exhibitors will participate.

ShanghaiTex is held biennially in odd-numbered years in Shanghai since its establishment in 1984. The exhibition has been serving as a professional trading platform for cutting-edge textile machinery and technologies for the textile industry. In ShanghaiTex 2009, the East & West wings of Shanghai New International Expo Center will also be fully utilized, displaying knitting, hosiery, printing, dyeing, finishing, spinning, non-woven, techtextile and weaving machinery, textile chemicals, spare parts and accessories, etc.

New Tax Initiatives Reinforce Confidence of Textile Industry
To promote market confidence and assist enterprises to survive in the tough times, the Chinese government has been launching new tax initiatives and measures. On October 21, The Ministry of Finance and State Administration of Taxation announced that starting from November 1, 2008, export tax rebate rate for 3,486 commodities will be increased, comprising 25.8% of all taxable commodities of Chinese customs. As an example, export tax rebate rate of some textile products and apparels will be increased to 14%. Besides, the State Council has launched 10 measures for stimulating domestic demand. Starting from January 1, 2009, value-added tax (VAT) transformation reform will be implemented nationwide to all regions and industrial sectors.

For example, VAT is directly deducted when enterprises purchase equipment. Meanwhile, VAT exemption on importing equipment and VAT rebate to foreign-funded enterprises on purchasing China made equipment are cancelled, and a universal 3% of VAT rate will be implemented to small-scale taxpayers, etc. The textile industry is expected to benefit from the new policy, and it is generally beneficial to textile machinery manufacturers too as purchase of equipment might be increased with the raising purchasing power of machinery buyers & users, and thus enhance the sales of machinery.

By grasping industrial condition and focusing on market needs, ShanghaiTex 2009, charactering with its professionalism, technologies and premier services, is striving to serve as an effective business platform for enterprises to launch their new products & technologies, build up their brands and explore new markets. With its silver jubilee in 2009, organizers of ShanghaiTex will further enhance & intensify the work on visitor promotion aiming to invite more industry professionals, leading corporations, associations & buyers to join the exhibition, to match the needs of exhibitors and visitors and to facilitate the development of textile industry.


Must ReadView All

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Angelina Francesca Cheang
MY ANJE

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

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Urs Stalder
Sanitized AG

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X