Zhejiang textile units succeed in face of anti-dumping duty
05 Jan '07
1 min read
Although several restrictions were imposed on Zhejiang province trade, local export value of 2006 stands at US $73.43 billion, representing year-on-year increase of 30.7 percent.
The merchandisers of Zhejiang fought anti-dumping duties by initiatively accepting the battle and stay united.
In 2006, the textile industry's profit rose by 22.1 percent, the garment industry's profit surged 14.5 percent.
Besides, the export prices of textile and shoes have gone up, significantly.
Local textile and clothing units are increasing the 'value added' products by the improvement of designs and innovation.
In 2007, 'value added' goods will be the key target of local units.