WTO Interpretation Of New Concept Of Transnational Procurement In Shanghai

Experienced the global economic downturn caused by the US financial crisis in the second half of 2008, and will face more severe challenges and pressures in 2009. Under such circumstances, the Sixth China Textile and garment Transnational Procurement Fair sponsored by Shanghai World Trade mall is also in the process of intense preparations. Under the influence of the economic environment and the adjustment of the development trend of the industry, Shanghai World Trade mall has put forward three "one hundred" concepts, that is, during the international procurement fair, the Shanghai World Trade Organization will invite 100 buyers from the United States, 100 buyers from Shanghai and China, and 100 Chinese, Japanese and Korean clothing brands through its long-term accumulation of buyer resources. "The Sixth China Textile and apparel transnational procurement fair", at the same time, customized services and activities for each category of buyers. This trade fair is just South Korea's Preview In. During the same period of the Shanghai exhibition, 100 American buyers from afar came to the selection of domestic textile and garment enterprises, but also contacted more than 100 Korean clothing companies. A series of activities such as pairing, cocktail party and distribution were enriched to enrich their trip to China. The organizers also arranged perfect matching services for buyers, covering hotels, buses and translation. For the 100 buyers in Shanghai and surrounding areas, there are special match, exchange reception, seminars and fabric distribution activities. All participants in Shanghai have more chances to get tickets for the Canton Fair, free matching services and buyers' places. In addition, the WTO will target 100 Chinese, Japanese and Korean clothing brands, and invite three major categories of domestic trade channels from the 16 major cities in the Yangtze River Delta (large department stores, stores and professional markets), and open the shuttle bus to 16 major cities. In 2009, the financial crisis further led to the shrinking of market demand and greater pressure on industry exports. However, from the perspective of market fundamentals and competition pattern, the textile industry still has certain room for development in the international market. Viewed from the domestic economic environment, there is a good opportunity for China's textile industry to further rely on domestic demand in 2009, and the domestic market is the first driving force for the development of the textile industry. Shanghai World Trade mall hopes to help textile and garment enterprises cope with export pressure through their own innovation in the current environment, expand the domestic demand market, fight against the economic situation of slowing up growth, and explore new opportunities in the "crisis". Wang Xiaonan: editor in charge