>>
Home / Knowledge / News / Textiles / Lean phase of textile industry

Lean phase of textile industry

12
Nov '08
Textile industry in China has been going through a rough patch since the beginning of this year, and the situation has only worsened.

In past few months, Chinese Government has introduced some policies to stimulate domestic economy, such as lowering deposit and lending rates, increasing investment to promote local demand and modifying rigid limitations of bank credit, in order to actively cope with the global financial crisis.

After purchasing 220,000 tons Xinjiang cotton for the first batch of state reseve cotton, the state bought the second batch of 1 million tons from both inland and Xinjiang. It is reported that the state will continue to increase cotton purchase volume in the future. On November 10, Zhengzhou cotton futures finally rebounded from bottom, curbing a downtrend of past few days.

However, textile and garment transactions were not optimistic at third phase of 104th Guangzhou Trade Fair that was held during November 2 - 6. Depreciation of the Euro and US Dollar is one of the key problems faced by enterprises while receiving orders.

Besides, as international economic situation weakens further, the sales are inevitably to shrink as well. At the forum, aiming to ease export difficulties of labor-intensive businesses such as textiles, recently organized by the Ministry of Commerce, enterprises strongly demanded rise in export tax rebate rates so that it reaches 17 percent.

Fibre2fashion, News Desk - China


Must ReadView All

Pic: U.S. Senator Kirsten Gillibrand

Textiles | On 17th May 2022

FABRIC Act introduced in US Senate, to protect 100,000 garment workers

Senator Kirsten Gillibrand recently announced the introduction of her ...

Pic: Shutterstock

Textiles | On 17th May 2022

US-EU TTC finalises economic, tech policies, initiatives at Paris meet

The US-EU Trade and Technology Council, in its second ministerial...

Pic: Shutterstock

Textiles | On 17th May 2022

Global fiscal recovery to slow in 2022 & 2023: Fitch Ratings

Global fiscal recovery in 2021 that followed the COVID-19 shock of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Alberto Candiani & Simon Giuliani,

Alberto Candiani & Simon Giuliani

Candiani Denim was established in 1938 in a tiny town near Milano and is a ...

Aylin Akyildiz,

Aylin Akyildiz

Established in 1997, Realteks has been providing denim fabric for the...

Annabelle Georgina Hutter,

Annabelle Georgina Hutter

A Swiss, family-owned and run textile sourcing and supply company...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Dahlia Razzrook, Label - Dahlia Razzook

Dahlia Razzrook
Label - Dahlia Razzook

London based designer, <b>Dahlia Razook</b> known for her luxury...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

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

Tchibo GmbH
Groz-Beckert East Asia LLP
COTTON COUNCIL INTERNATIONAL
Karl Mayer Textilmaschinenfabrik GmbH
Infor (Hong Kong) Limited
Savio Macchine Tessili S.P.A.
Reiter India Private Limited
Sportmaster Ltd.
G-Star Raw C.V.
Newtech Textile Technology Development (Shanghai) Company Limited
Applied DNA Sciences Inc
Zünd Systemtechnik AG
Tuyap Tum Fuarcilik Yapim A.S.
Chori Company Limited
CGS Inc.
Puma
Vianney Textil Hogar S.A. De C.V.
Cat Tuong Real Estate Group Joint Stock Company
GERBER TECHNOLOGY LTD.
Kornit Digital Asia Pacific Ltd
BTSR International S.P.A.
Brandix Lanka Limited
Messe Frankfurt Exhibition GmbH
Benetton Group
APLF Limited
Rayonese Textile Inc., Division de Culp Inc.
Gap International Sourcing Limited
Itema Weaving (India) Private Limited
J ;& P Coats
Grasim Industries Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Rieter India Private Limited
Woolmark Services India Pvt. Ltd.
KAS Direct Sourcing
DyStar India Pvt. Ltd
Abit
X-Rite Asia Pacific Limited (HK)
Lisa S.P.A.
Stahl Holdings B.V.,
Green Fibre
Permoda(Koaj/Armi/Pronto/Bkul)
EMBEE CORPORATION
Mesdan SPA
TESCO INTERNATIONAL SOURCING LIMITED
International Textile Manufacturers Federation
Hela Clothing Pvt Ltd
IFF Media Ag - International Media Services
K AND D ITMACH EXPOSITIONS LLP
Lenzing Aktiengesellschaft
C;&A Sourcing International Ltd
Colours India Inc
NV Michel Van de Wiele
Gokaldas Exports Limited
Tradewind International Servicing
EPCH
Amazon China
FESPA (Reigate)
Lenzing Aktiengesellschaft - India
Italian Trade Commission
Messe Duesseldorf
Shima Seiki Mfg. Ltd.
Helly Hansen Far East Ltd
Recron Polyester from Reliance Industries Limited
Gatsby Africa
N9 World Technologies Private Limited
Sainsbury's Argos Asia Limited
Thermore (Far East) Ltd.
Etam Group Strategy Hong Kong Limited
Truetzschler India Private Limited
Aquarelle Clothing Limited
Midas Clothing Limited
The LYCRA Company Singapore  Pte. Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
IIGM Private Limited
Comasia Limited
John Varvatos
Gloria Jeans
Splash
Eurofins BLC Leather Technology Centre Ltd
ITMA Services Pte Ltd
BRINKMANN GMBH
Groz-Beckert KG
Bluestem Global Sourcing Limited
Saurer Textile Solutions Pvt. Ltd.
Target Corporation (MN)
Nihalani Events Management
USTER
G.A.S. unternehmenskommunikation gmbh
OVS Hong Kong Sourcing Ltd.
TEXVALLEY MARKET LIMITED
Mayer & Cie. GmbH & Co. KG
Jiangsu Yingyang Nonwoven Machinery Company Limited
Alix Partners
Marzoli Machines Textile s.r.l.
Datatex Consulting Srl
Officina Meccanica Dora Enrico Srl
Seasalt Limited
LC Waikiki
UBM China (Shanghai)
Centric Software
Loris Bellini S.r.l.
Haelixa AG
Tommy Hilfiger
SYNERGIES HONG KONG LIMITED
ZAITEX spa
Jindal Worldwide Limited
KIABI
Lifestyle
IKEA of Sweden AB
Phong Phu international JSC (PPJ)
Lululemon Athletica Inc
Equinox Impex India
Brückner Trockentechnik GmbH & Co. KG
Lectra Technologies India Pvt Ltd.
Boardriders Asia Sourcing Limited
Shanghai  Aige Exhibition Service Co., Ltd
Recron Polyester from Reliance Industries Limited
PVH Corporation
VNU Exhibitions Asia
NITI Aayog
TÜYAP IHTISAS FUARLARI A.S.
Pt. Peraga Nusantara Jaya Sakti
International Sourcing Expo Australia
Alison Hayes Romania
Taiwan Textile Federation (TTF)
Hirdaramani International Export Private Limited
Copenhagen Fashion Summit
Lacoste (Wanchai)
BIANCA
EUROVET ASIA LTD
Landmark Group
Datacolor AG Europe
Nandan Denim Limited
H. Stoll AG & Company KG
Performance Days
Coats Digital Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Guess Europe Sagl,
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Restoque S.A.
JES MEDIA, INC
Flainox S.r.l.
IDH – The Sustainable Trade Initiative
Walmart
GIOVANNI BOZZETTO S.p.A.
Weitmann & Konrad GmbH & Co. KG
Arvind Limited
Lottmann Communications
CSGIA(China Screen Printing & Graphic Imaging Association)
Sportswear Company Spa
Dow Silicones Corporation
Thai Acrylic Fibre Company Limited
Aramark Uniform ;& Career Apparel, LLC
Chico’ FAS
Aleph Srl
Istanbul Fuarcilik A.S.
BTC Textiles LLC
Desigual - ABASIC, S.A.
Thai Trade Center
Bluesign Technologies Ag
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Babyshop
FULGAR SpA
TESTEX AG, Swiss Textile Testing Institute
T.T. Limited
Asos
Maceton Limited
Meera Dyestuff Industries
DuPont de Nemours, Inc.,
Inter Expo Center Ltd.
Indofil Industries Limited - Specialty & Performance Chemicals Division
Rosset ;& Cia Limited
Vardhman Textile Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
Indo Tex
Color Service s.r.l.
Varner AS Retail
THE BOMBAY DYEING ;& MFG.CO. LTD
Zydex Industries
Esprit Europe Services GmbH
Kern – Liebers Textile
China World International Exhibition Company Limited
Calvin Klein
Eastman Chemical Company
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Under Armour Global Sourcing Ltd
Xtema - Thomas Lebherz Textilmaschinen
The Top Form Brassiere Manufacturing Company Limited
SHAHI Exports Pvt Ltd
Page Industries Limited (Bangalore)
Decathlon
Palexpo SA
Tory Burch Hong Kong Ltd
GHCL LIMITED
BIMBA ;& LOLA SL
MAS Active / MAS Kreeda / MAS Bodyline
The LYCRA Company Singapore  Pte. Ltd
Huntsman (Singapore) Pte Ltd

May 2022

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


Advanced Search