Home / Knowledge / News / Textiles / 'China cotton training' goes interactive' - ICA

'China cotton training' goes interactive' - ICA

25
Aug '12
The 2012 China International Cotton Trade Training Course in Qingdao has successfully concluded, with 110 delegates from 13 different provinces and regions taking part.
 
The training was developed specifically for the Chinese cotton community and focused on areas currently impacting on China's international cotton trade and the global cotton market. The three-day interactive course took place from 31 July to 2 August in Qingdao, Shandong Province and was jointly organised by the International Cotton Association (ICA) and Beijing Cotton Outlook Consulting (BCO).
 
Speaking on behalf of the organisers, Dr Robert Jiang, ICA's China Business Development Officer, said:  "As the global cotton market experiences another volatile season, contract disputes remain on the increase. This training has been developed to help address some of these issues. It focusses on the challenges China cotton import companies face in today's market, with particular emphasis on the contract making process, dispute resolution and arbitration. We were delighted with the take-up rate, which indicates a real need for the training and we definitely plan to hold another course in China next year to fulfil demand."
 
The training commenced with opening speeches from Dr Jiang and Ms Guo Rongmin, General Manager of BCO, followed by presentations comprising the following modules - each conducted in Chinese and delivered by a leading industry expert:
 
Fundamental knowledge:  World cotton market and import/export; major cotton export countries and their characteristics
Trading issues:  Risk management; contract making, banking and insurance, futures and options; shipping and logistics; cotton controlling and testing
Trading rules and dispute resolution:  International trading rules, arbitration agreement; arbitration procedure; arbitrator training
 
Based on feedback from last year's course, which was held in Zhangjiagang, the 2012 programme saw some changes, which, according to Dr Jiang, improved the overall delegate experience:   "Throughout the training, the delegates were actively involved in discussions, which generated a truly interactive atmosphere and a chance to share ideas, industry knowledge and practical learning. We made the training much more interactive - with more case studies and examples of trade issues, problems and pitfalls. We also added more time for Q&As."
 
One delegate to benefit from the training was Mr Gao Mingzhi of Shandong Daiyin Textile Group Share Co Ltd: "I would like to thank the ICA and BCO for holding such an advanced training course on cotton trading. By using practical trade examples and excellent, interactive Q&A sessions, the training has benefited me tremendously. I am looking forward to the next one, which I hope will be even better."

International Cotton Association (ICA)


Must ReadView All

Pic: Shutterstock

Textiles | On 27th Jul 2021

ACSA, Cotton Australia receive govt grant for market diversification

The Australian Cotton Shippers Association and Cotton Australia have...

Pic: Shutterstock

Apparel/Garments | On 27th Jul 2021

US buyers to raise sourcing of RMG from Bangladesh: USFIA study

Nearly half of US fashion brands and buyers are eager to source more...

Pic: Shutterstock

Textiles | On 27th Jul 2021

Prime Content| Malaysian cotton trade to pick up as world recovers from COVID-19

Malaysian cotton trade is on a rise due to recovery from the pandemic ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

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


July 2021

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


Advanced Search