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Textile exports of Jiangyin city soar

17
Jan '07
Last year, textile exports of Jiangyin city stood at US $684 million, a surge of 16.24 percent over 2005.

More than 2,000 textile units are situated in Jiangyin city, dealing in chemical fibre filature, weaving, dyeing and clothing.

Local textile units diverted exports to non-quota markets after EU and US imposed anti-dumping duty on the country. They also increased product categories to capture markets of Japan and Korea.

Textile units also took advantage of policies like 'Agreement of Sino-Asean Free Trade Area' and 'Asia-Pacific Trade Agreement' to increase exports to Southeast Asia.

Fibre2fashion.com News Desk-China


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