>>
Home / Knowledge / News / Retail / PRC retailers plan to buy more imported goods: survey

PRC retailers plan to buy more imported goods: survey

25
Jul '19
Pic: Shutterstock
Pic: Shutterstock
Chinese retailers and wholesalers plan to increase buying of imported products due to a strong demand among buyers, according to a survey by the Chinese commerce ministry. Some 9.7 per cent of the 945 retailers and wholesalers said they would increase their product imports next year, 2.5 percentage points higher than those planning to reduce their purchases.

Of 1,059 consumers surveyed, 24.1 per cent planned more purchases of imported products, because of a strong demand for food, maternal and infant products, cosmetics, watches and glasses, jewellery and passenger vehicles.

Nearly 80 per cent of the consumer respondents said they had bought imported consumer products at least once. According to 41.7 per cent of them, such purchases accounted for more than 10 per cent of their buying in a particular product category.

A product’s brand name and reputation was the top consideration when retailers and wholesalers imported consumer products, while safety also mattered in food and maternal and infant products, while design was important in apparel and jewellery choices, a Hong Kong-based English-language newspaper reported citing the survey.

The survey is part of the ministry’s efforts to help prepare for the second China International Import Expo, which will be held in Shanghai from November 5 to 10 this year.

China’s imports totalled $977 billion in the first half of this year, up 1.4 per cent from the same period a year earlier. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Ingo Soller, TWE Group

Ingo Soller
TWE Group

The TWE Group is one of the leading global players in the nonwovens...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

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

ESTEEMED CLIENTS

Gatsby Africa
G-Star Raw C.V.
Under Armour Global Sourcing Ltd
Grasim Industries Limited
Phong Phu international JSC (PPJ)
Hela Clothing Pvt Ltd
Aramark Uniform ;& Career Apparel, LLC
Amazon China
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Seasalt Limited
Calvin Klein
Lululemon Athletica Inc
Bluestem Global Sourcing Limited
Lenzing Aktiengesellschaft
Sportmaster Ltd.
Gap International Sourcing Limited
BIMBA ;& LOLA SL
H;&M Hennes ;& Mauritz (Far East) Ltd

January 2022

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


Advanced Search