Home / Knowledge / News / Textiles / Chinese T&C exports recover to pre-2008 crisis levels
Chinese T&C exports recover to pre-2008 crisis levels
07
Sep '10
China's total textile and apparel exports reached US $91.345 billion in the first half of this year, up 22.26 percent year on year, accounting for 13 percent of the country's total exports, according to China Textile Industry Association. A

Among them, textile and apparel exports in June grew by 34 percent year on year and 13 percent from the previous month, reflecting that the industry has basically recovered to pre-crisis level.

The European Union, the United States and Japan are still main markets of China's textile and apparel exports and shipments to these three major markets indicate a rebounding trend.

In the first half, China's textile and apparel exports to the EU, the United States and Japan went up by 18.54 percent, 28.18 percent and 1.49 percent, respectively and exports to these markets together accounted for nearly 50 percent of China's total textile and apparel shipment value.

In particular, China's textile and apparel trade with the ASEAN was very active in the first half, due to the influence of preferential policy that gives China's textiles and apparel exports duty free access to 10 ASEAN countries.

Chinese export enterprises can complete their processing in ASEAN, and then re-export to Europe and the United States markets, in order to effectively avoid trade friction and reduce trade risk. China's exports to ASEAN are expected to maintain substantial growth momentum throughout the year.

Fibre2fashion News Desk

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Mohammad Hassan
Biax Fiberfilm

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search