China'S Textile Market Will Continue To Maintain A Strong Growth Trend.
Despite the global economic downturn, China's textile market is still promising and is expected to maintain strong growth. The China international textile fabrics and accessories (Chun Xia) fair, which will be held in Beijing by the end of March this year, will open up the gateway to the Chinese market for overseas textile producers and buyers.
Reporters learned that, in order to cope with the decline in external demand, the Chinese government is currently implementing tax and levy reduction measures on China's textile industry, and has injected funds into the entire economy to maintain national economic growth.
Since July last year, the Chinese government has increased the value-added tax rebates issued by textile exporters twice. Other measures include direct investment, levy reduction and other concessions specifically designed for the textile industry. Many textile enterprises believe that under the financial crisis, the impact of China's economy and textile demand will be less than that of any region.
The textile exhibition jointly sponsored by the China Council for the promotion of international trade and the Frankfurt Exhibition (Hongkong) has been held in China for fifteen years, making it the quickest way for the overseas textile corps to enter the Chinese market.
On this basis, the organizers have successfully established the largest and most professional textile exhibition series in China. Last year, the clothing and textile fabrics exhibition in Beijing received more than 25000 buyers from seventy-four countries and regions. This year the number will increase.
The Frankfurt Exhibition (Hongkong) exhibition director said that the exhibition is the best investment promotion activity. Even though the global economy is slowing down, China's exhibitions are still popular.
It is reported that China international textile fabrics and accessories (Chun Xia) Fair will be held in conjunction with the other two major exhibitions of China's textile industry, the China International Clothing and apparel fair and the China International Textile yarn (Chun Xia) exhibition.
Editor: vivi
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