Home / Knowledge / News / Textiles / Grim faces of exhibitors at Canton fair
Grim faces of exhibitors at Canton fair
06
May '09
The first two phases of the current Canton Fair have concluded and they together received 135,000 overseas buyers in total, down 4.2 percent with total turnover amounting to US $20.1 billion, down 18.8 percent.

The third phase of the Canton fair will begin from May 3 and will be mainly exhibiting five types of goods, such as textiles, apparel, footwear, luggage and other special product categories. The third phase will have 17 display areas.

In March, China's clothing exports rose 9.9 percent year-on-year, which has been regarded as a warming-up signal by the industry. However, news from the current 105th Canton Fair shows that the situation has not improved significantly.

According to Mr.Cai Gaosheng, Chairman of Silk & Textile Group Co., Ltd. of Guangdong Province, China has increased textile and garment export tax rebate from 11 percent to 16 percent for several times since August last year.

This has helped export enterprises to garner some decent profits, but in order to stabilize orders and customers; profits are more or so lost due to the low prices quoted by buyers.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

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

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Mark Paterson
Technical Absorbents Ltd

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

Paolo Ocleppo
Sandvik Hyperion

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

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

Bani Batra

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

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:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X