Home / Knowledge / News / Textiles / China's Zhangjiagang FTZ leads in wool industry
China's Zhangjiagang FTZ leads in wool industry
25
Jan '14
China’s textile industry has been experiencing many difficulties and setbacks in recent years due to the impact of the global economic downturn, but the Zhangjiagang Free Trade Zone (FTZ) in China’s Jiangsu province has fully played a leading role as the country’s wool production and export base.
 
The Zhangjiagang FTZ got advantage of agglomeration effect, and it relied on preferential bonded policy, convenient inspection and quarantine measures, and made a concerted effort to improve product quality, and make structural adjustments to promote wool exports.
 
According to statistics from the Zhangjiagang Inspection and Quarantine Bureau, in 2013, Zhangjiagang FTZ exported 23,500 tons of wool worth US$ 300 million, registering an increase of 36.3 percent year-on-year and 34 percent year-on-year, respectively. 
 
Zhangjiagang FTZ was able to become leader in China’s wool industry owing to certain characteristics and advantages. First, the wool enterprises located in the Zhangjiagang FTZ are relatively concentrated in terms of geographical area, which paves way for easy communication and exchange of information between enterprises.
 
Secondly, the FTZ has hundreds of international advanced production lines which meet the requirements for the production of high-quality products.
 
The FTZ has nearly 100,000 sq m of warehousing and raw wool storage facility, which is also an advantage.
 
In 2013, the FTZ exported wool to nearly 50 countries and regions, and Zhangjiagang bonded fleece wool trade has become a barometer of global trade. Further, due to active exploration of new models of export inspection and quarantine wool pigging separation, focus on strengthening the quality of enterprise management, technology updates, category management, and continuous improvement in the quality of products, Zhangjiagang FTZ wool export trade is bound to grow steadily.
 

Fibre2fashion News Desk - India


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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


November 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search