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

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

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

Urs Stalder
Sanitized AG

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

Judy Frater
Somaiya Kala Vidya

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

Mike Hoffman
Gildan Activewear SRL

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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:
May 2017

May 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