Home / Knowledge / News / Textiles / China to support growth of Hong Kong textile sector
China to support growth of Hong Kong textile sector
22
Jul '10
Hong Kong and China have signed the seventh "China and Hong Kong Closer Economic Partnership Arrangement" (CEPA) agreement, but the implementation has met many problems.

This was expressed by the Chinese Vice-Minister of Commerce, Jiang Zengwei, when he met the delegation of Hong Kong manufacturers in Beijing.

According to him, the implementation of CEPA, has not achieved ideal effect, especially in services trade and promised that the Ministry of Commerce would arrange the implementation of CEPA as a priority in next two years.

Jiang Zengwei also said that Chinese mainland authorities would conduct further studies on supporting Hong Kong's textile industry.

Jiang Zengwei pointed out that China is a high-end as well as low-end consumer market, while mid-end market is still blank, due to which Hong Kong businessmen will have great opportunities in developing mid-end market.

In addition, Hong Kong and mainland China can even open up international markets such as Africa through cooperation by using China's goods, finance and technologies, plus Hong Kong's network and influence in international market.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Bani Batra

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
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