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China Textile Has Not Changed Its Competitiveness In The International Market.

2009/3/20 0:00:00 36

  

financial crisis

The spread led to

European and American textiles

Market consumption is flagging and consumer demand is turning to cheap Chinese products. The competitiveness of Chinese textiles in the international market has not changed.

This will not only bring greater trade opportunities to China's home textile enterprises, but also the great potential of China's home textile consumer market.

Reporters in Asia's largest and influential exhibition - the fifteenth China International Home Textiles and Accessories Expo promotion conference was informed that China has become

financial crisis

It is the first choice for overseas domestic textile industry to open up the market.

With more overseas exhibitors' requirements, the overseas exhibition area of the home textile exhibition will be expanded in Shanghai at the end of August this year, and overseas buyers will show great concern to the Chinese market.

According to the organizers' analysis, the competitiveness of Chinese textiles in the international market has not changed.

financial crisis

The impact of textile consumption in Europe and the United States will shift to the middle and low end, which will bring greater opportunities for China's home textile products with high quality and low cost.

According to the survey, the output and consumption of household textiles in China account for about 23% of the total textile industry in China, while the proportion in Japan and the United States reaches 1/3. This indicates that there is still much room for enlargement in China's home textile market.

In addition, China's household clothing consumption reached three hundred billion yuan, and this figure is still increasing by 30% annually, of which 25% of home decoration consumption expenditure is used for household textile consumption.

At the same time, the Chinese government's economic stimulus plan of four trillion yuan has also attracted overseas buyers' attention to the Chinese market.

Most of the funds will be used in affordable housing projects, which will have a traction effect on China's home textile market demand, especially in emerging markets such as the countryside.

At present, the consumption of household textiles accounts for only 20% of the total consumption of rural households, which accounts for 70% of the total population of China. The increasing demand for rural households will promote the long-term development of China's home textiles market.

Editor in chief: Xu Qiyun

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