Home / Knowledge / News / Textiles / Chinese goods increase market shares in major countries
Chinese goods increase market shares in major countries
08
Aug '09
Although there has been a very big decline in exports from China, market share of its products in several countries has increased and at the same time, foreign investment in its industrial sector has further optimized.

According to available statistics, in the first five months of 2009, the market share of Chinese goods in the United States, Japan and European markets increased by 4.1 percent, 3.6 percent and 3 percent, respectively, year-on-year.

In the first half, the fall in shipments from the textile and apparels sector was within 10 percent, far below China's overall export decline of 21.8 percent, thanks to the consecutive increase in tax rebates on textile exports.

China's foreign trade has experienced a tremendous impact from international financial crisis and as of June this year; exports recorded a decline for eight consecutive months, in the face of a dramatic shrink in external demand.

The Chinese government has taken many initiatives in finance, taxation, customs facilitation, trade structure optimization, as well as creating a favorable international economic environment, due to which the fall has not been so awesome.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Jay Ramrakhiani
Occasions Elegance Wear

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

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
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