The Mainland Garment Market Has Been Eyed By Taiwan Designers.

2010/10/8 16:19:00 61

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As a world-famous exporter of cheap clothing, Taiwan is now striving to find opportunities in the Chinese mainland market and find a place in the Asian fashion arena.

Although the ability of some Taiwan designers has been recognized by the international fashion circle, the Taiwan government thinks there are few designers who really grow up in Taiwan.

But this situation may change soon. Taiwan signed with mainland China in June.

Trade

The agreement will be more open to Taiwan designers, lower tariffs, and will be Taiwan.

Designer

The work of plagiarism gives more protection.

The agreement was successfully achieved under the comprehensive efforts of President Ma Ying-Jeou, which is also aimed at reducing tensions with the mainland and building a more cooperative relationship.

Huang Chung-chiu, Deputy Economic Minister, said the reduction in tariffs is good news for the island's fashion industry, but Taiwan needs to shift from mass production to market innovation.

Taiwan was once the dominant force in world textile production, but now its ranking has slipped to sixth place. As the mainland has more cheap labor force, many large companies are turning to mainland China.

In 2009, the total export volume of textiles in Taiwan amounted to 9 billion 400 million US dollars, which was 40% lower than that in the heyday of 1997.

The mainland is the largest market in Taiwan, accounting for 22% of total exports in 2009.

Original Chinese mainland

Import duties

It is 17%, which now cuts tariffs on Taiwan garment manufacturers, making it easier for them to enter the mainland market.

Taiwan designers believe that because of the influence of the same root culture, I believe that the works of Taiwan designers will be more attractive to mainland consumers than the works of foreign designers.

And most consumers in Taiwan have expressed great interest in the mainland market. They believe that the mainland will become the most important market for Taiwan clothing in the future.