Home / Knowledge / News / Textiles / Shaoxing- Home to biggest textile market in Asia
Shaoxing- Home to biggest textile market in Asia
22
Oct '10
Founded in the 1980s, China Textile City (CTC), the largest textile market in Asia, is located in Shaoxing County in Zhejiang province. Today the city has grown into one of the world's major textile transaction centers, featuring an international trading zone and a raw material market.

The textiles industry is considered as a pillar industry by the locals and the county government. The area encompassed by the textile city is growing with each passing year.
CTC areas were expanded from 1.1 million sq mtrs five years ago to more than 3.2 million sq mtrs.

More than 19,000 shop owners are selling more than 40,000 different kinds of fabrics to 100,000 buyers every day and around half of all the textile producers in the country are conducting transactions in the market, along with the 800 foreign business offices that have opened offices in the city.

The trader's service around 4,700 permanent overseas buyers and products are exported to over 200 countries and regions. According to experts, deals for around 25 percent of man-made fibres sold in worldwide markets annualy are made here and overall trade value has touched 48.77 billion Yuan in the period, January to September 2010.

Exports from the textile city stood at US $1.3 billion in the first eight months of 2010, a rise of 38.7 percent from a year ago. Four CTC websites provide information among which is the China Textile Material Trade Online Market, which has been able to tote up a trade value amounting to 10 billion Yuan since it began operations in early 2009.

Fibre2fashion News Desk - China


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

BIDA’s Europe trip to showcase a different Bangladesh

Apparel/Garments | On 19th Apr 2018

BIDA’s Europe trip to showcase a different Bangladesh

The Bangladesh Investment Development Authority (BIDA) is taking a...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Urmil Arya

Sushila International, a well established textile organisation established ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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