>>
Home / Knowledge / News / Textiles / Textile exports from China's Nantong city post good growth
Textile exports from China's Nantong city post good growth
03
Jul '13
The textile exports from Nantong city, located in the Chinese province of Jiangsu, have posted good growth despite unfavourable conditions like slow recovery of the US economy, the European debt crisis and other factors.
 
From January to May 2013, Nantong companies exported 147,823,800 metres of textiles valued at US$ 277.052 million, posting a growth of 11.42 percent and 9.45 percent, respectively, compared to the same period of last year, according to data from the Nantong Inspection and Quarantine Bureau.
 
Textiles, including yarn and fabric varieties of cotton and polyester-cotton, from Nantong were exported to over 80 countries and regions. However, Asia accounted for more than 70 percent of Nantong textile exports during the five-month period.
 
According to experts, Nantong textile exports are gradually losing price competitiveness in international market due to rising domestic labour costs, higher prices of domestic cotton, RMB appreciation, and other factors.
 
This has narrowed profit margins of Nantong textile companies and has made it difficult for them to sustain their businesses.
 
In light of the situation, inspection and quarantine agencies have suggested that companies engaged in textile export businesses should enhance their design capacity, develop their own brands, explore new markets, upgrade production techniques and manufacture high-end retail items, and increase their ability to resist risks.
 
The inspection and quarantine institutions are embracing information and communication technology (ICT) service platform to help textile enterprises reduce export costs and improve the release rate.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Jan 2022

Chinese central bank cuts rates on medium-term loans, reverse repos

The People's Bank of China recently cut interest rates of its...

Pic: Shutterstock

Retail | On 20th Jan 2022

Clothing retail sales in US grew 33.1% during holiday season: NRF

Retail sales during 2021’s November-December holiday season grew 14.1 ...

Pic: Shutterstock

Textiles | On 20th Jan 2022

ILO downgrades labour market recovery forecast for 2022

Geneva-based International Labour Organisation (ILO) has downgraded...

Interviews View All

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Dr. Catherine Tubb,

Dr. Catherine Tubb

Created in 2018 to investigate the risk of market failure related to...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Bani Pasricha,  Label - Bani Pasricha

Bani Pasricha
Label - Bani Pasricha

An Indian fashion-designer and a recipient of one of the most prestigious...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

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

HYOSUNG CORPORATION INDIA PRIVATE LIMITED
IKEA of Sweden AB
Etam Group Strategy Hong Kong Limited
Walmart
Groz-Beckert East Asia LLP
Sateri (Jiujiang) Fiber Co.,Ltd
Sainsbury's Argos Asia Limited
G-Star Raw C.V.
Arvind Limited
Huntsman (Singapore) Pte Ltd
Aquarelle Clothing Limited
C;&A Sourcing International Ltd
Esprit Europe Services GmbH
Maceton Limited
Gloria Jeans
Amazon China
IDH – The Sustainable Trade Initiative
Bluestem Global Sourcing Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
BIMBA ;& LOLA SL
Reiter India Private Limited
TESCO INTERNATIONAL SOURCING LIMITED
Boardriders Asia Sourcing Limited
OVS Hong Kong Sourcing Ltd.
Rosset ;& Cia Limited
The LYCRA Company Singapore  Pte. Ltd
Helly Hansen Far East Ltd
Gokaldas Exports Limited
Babyshop
International Textile Manufacturers Federation
John Varvatos
Hela Clothing Pvt Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
Alix Partners
KIABI
The Top Form Brassiere Manufacturing Company Limited
Lacoste (Wanchai)
Lifestyle
Splash
Rayonese Textile Inc., Division de Culp Inc.
Varner AS Retail
Truetzschler India Private Limited
Guess Europe Sagl,
Chico’ FAS
Alison Hayes Romania
KAS Direct Sourcing
Recron Polyester from Reliance Industries Limited
Midas Clothing Limited
Eastman Chemical Company
Aramark Uniform ;& Career Apparel, LLC
Sportswear Company Spa
Calvin Klein
Permoda(Koaj/Armi/Pronto/Bkul)
Sportmaster Ltd.
Vardhman Textile Ltd
Seasalt Limited
Lisa S.P.A.
Abit
Landmark Group
Gap International Sourcing Limited
SYNERGIES HONG KONG LIMITED
Asos
Tory Burch Hong Kong Ltd
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
J ;& P Coats
Green Fibre
LC Waikiki
Lenzing Aktiengesellschaft
Target Corporation (MN)
Under Armour Global Sourcing Ltd
Lululemon Athletica Inc
Puma
Benetton Group
Page Industries Limited (Bangalore)
H;&M Hennes ;& Mauritz (Far East) Ltd
Phong Phu international JSC (PPJ)
Hirdaramani International Export Private Limited
NITI Aayog
Gatsby Africa
Grasim Industries Limited
Cat Tuong Real Estate Group Joint Stock Company
Tchibo GmbH
Chori Company Limited
Vianney Textil Hogar S.A. De C.V.
Desigual - ABASIC, S.A.
BIANCA
PVH Corporation
Brandix Lanka Limited
Tommy Hilfiger
Restoque S.A.

January 2022

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


Advanced Search