New York Long Bai Si Hao Spent $15 Million To Make Fashion Back To "Made In New York".

October

The index has been connected for nearly six and a half years for two months, rising from minus 14.67 in September to minus 11.36, but the index has been lower than negative 10 for third consecutive months.

During the period, the new orders index dropped from 12.91 in September to 18.91, the lowest since November 2010. The employment index dropped from 6.19 to 8.49, the lowest since December 2012. The shipment index also dropped from negative 7.98 to negative 13.61. The unfinished orders fell from negative 8.25 to negative 15.09, and the price index dropped from negative 5.15 to negative 8.49.

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New York is the largest in the United States.

Sales amounted to US $15 billion and tax revenue was US $768 million.

The 500 activities in the two quarter of New York fashion year will attract 232 thousand professionals to generate 532 million dollars in consumption. The annual economic benefits of the 500 activities will reach US $865 million.

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"To activate fashion manufacturing industry to return," New York mayor Bai Si Hao recently proposed that New York will spend $15 million to convince prospective designers and manufacturers to create New York's local fashion.

This financial assistance is invested by the "made in New York" project. The aim is to increase the manufacturers in New York through economic incentive policies and provide bright prospects for designers to make fashion back to "made in New York", which is of great reference to Shenzhen, known as the "capital of design", which is known for its original clothing.

Fashion industry is not only an important pillar of New York's economy, but also the most representative industry in New York.

Bai Sihao said that the fashion industry in New York has a very clear character and personality. He hoped that the fashion industry could still develop in New York and develop in a better direction.

Most of the respected designers in the world started their creative design in New York, but because of the high real estate price, complex labor and capital problems and the limitation of production scale, many manufacturers set up factories overseas, thereby saving production costs and obtaining higher profits.

Through the economic incentive policy, more enterprises can expand their production business and create more labor opportunities in New York.

The incentive policy also supports the creation of an electronic system linking local designers and local production centers to enable more local designers in New York to choose local factories to enter fashion manufacturing.

At the same time, in addition to funds, New York also gives manufacturers technical support to ensure that they can produce complex clothing and enhance competitiveness.

Bai Si Hao hopes that through such an economic incentive policy, we can achieve the real "New York manufacturing", from design to production and processing, to achieve localization in New York, and to ensure New York's leading position in the global fashion.