• Linkdin

Export of textiles to rise 15-20% in 2007

01 Feb '07
1 min read

At China Textile Round Table Forum held in Beijing on January 30, 2007, Sun Jiwen, Deputy Director, Foreign Trade Department, Ministry of Commerce, informed the media that exports of local textile products will increase 15-20 percent this year.

Textile goods worth $174 billion were exported in 2006, which was 25 percent higher than that in 2005.

Jiwen opined that as global economy remains steady, rising per capita income will ensure double digit growth of textile industry.

But profit margins, which are already low, could be further reduced by factors like heavy costs of oil, cotton and other raw materials as well as increase in worth of Chinese currency.

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search