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Industrial Finance
Global Fabric Market Marching Forward

Publish Time:2010-10-19

 China textile city market assembly has realized business volume 48.771 billion yuan, with an increase of 16.6% compared with the same period of last year, among which 2.8285 billion yuan is from the fabric market with an increase of 16.9%, 2.0486 billion yuan from the raw material market with an increase of 16.1%.

  Although confronted with many influencing factors, such as the appreciation of RMB, the spurt of raw material price, and the tightening of monetary policy, China Textile City is still on the way of smooth development. At present, China Textile City has upgraded its sales pattern marching into both domestic and overseas markets with multiple export channels. Up till the end of September, over 220 foreign enterprises have set up permanent offices in China Textile City with over 3000 foreign businessmen. The monthly export turnover has reached over 0.16 billion dollars.

  In addition, businessmen in China Textile City focus on the technology innovation, brand building and industrial chain integration. The effect of upgrading and transition is eye-catching.  There are 2537 items of fabric pattern copyright registration and predicted surpassing 3000 till the end of this year with the amplification over 30%. Weighing more and more product R&D, the upgrading enterprises have developed strong competitivity and promoted much in the added value of innovated products, moving gradually to the top ends of the smile curve.

  Building a brand-new network of “Keqiao headquarters combining overseas outlet markets”, China Textile City is marching into the globalization of international chains.
 

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