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    Textile Enterprises To Expand The Market Opportunities In Northern Europe And Central Europe Need To Be Grasped.

    2016/5/6 16:09:00 27

    Textile EnterprisesNordic MarketChina EU Market

    Since Lithuania is a major producer of textile and clothing in Europe, after its accession to the European Union, its main textile and garment export market is the Nordic countries and Germany and the United Kingdom. Therefore, there will be a large number of professional spectators from the above countries to seek the order of production enterprises at the exhibition site, which is a good opportunity for Chinese exhibitors.

    At present, our country

    Textiles and garments

    The export situation is still grim.

    The Customs General Administration recently announced the latest import and export data of textiles and garments in China.

    Statistics show that in the first quarter of this year, China's textile and clothing exports totaled 56 billion 641 million US dollars, down 5.2% compared to the same period last year.

    In order to deal with the situation of export decline, textile enterprises take measures to improve their products. Some strive to improve the quality and grade of products, some actively improve production efficiency, further improve the performance price ratio of products, and some improve the ability of quick response, so as to better adapt to the needs of consumers.

    In order to help enterprises expand the potential new market space, the Ministry of Commerce decided to organize hundreds of domestic textile and garment enterprises to participate in the exhibition and the Chinese textile and clothing (Europe) brand exhibition form to participate in the September 29th Vilnius October 1st National Convention and Exhibition Center held in Lithuania, the international textile and apparel exhibition.

    The organizers of the exhibition said in an interview with reporters that the Baltic International Textile and fashion exhibition has been successfully held for the 25 time, and is the largest professional textile and apparel exhibition in the Baltic region.

    To attend the textile and clothing exhibition in Lithuania is a pioneering business for Chinese exhibitors.

    China EU market

    Good opportunities.

    Organizers of the exhibition said that Lithuania's trade environment is good, and exhibiting in Lithuania is conducive to China's textile and garment enterprises to take Lithuania as the foothold and better develop the Nordic and central European markets.

    First, Lithuania lies on the east coast of the Baltic Sea. It looks across the sea from Sweden, north to Latvia, southeast to Belarus, southwest to Kaliningrad and Poland to Russia.

    From the capital Vilnius to any big city in the four Nordic countries, it takes a maximum of two hours.

    As a member of the Soviet republics, Lithuania has traditional economic ties with Russia and other CIS countries.

    But Lithuania people from their living habits to the social and economic environment, are self identity is a Nordic country, rather than the "Soviet Union" country.

    Secondly, Lithuania's regional economic cooperation is based on the Baltic and Nordic countries.

    European Union

    The three regions are the main ones.

    Lithuania joined the European Union in May 2004 to implement the EU's unified foreign trade policy and to carry out economic and trade cooperation with other EU countries in accordance with the relevant agreements reached between the EU and third countries.

    The products produced in Lithuania belong to the products of the EU origin and are free to enter the EU's big market.

    Thirdly, it is reliable to do business with Lithuania people and engage in business activities in Lithuania with high safety index.

    Lithuania's political and economic stability, laws and regulations are perfect, and its citizens are highly educated, have a strong sense of responsibility, attach importance to honesty and credibility.

    Lithuania has good social security and low crime rate. In the list of national security issued by the Ministry of foreign affairs of China, Lithuania belongs to the blue class (safer country).

    In addition, Lithuania is one of the fastest growing GDP countries in the European Union, and Chinese enterprises are easy to start business in Lithuania.

    Lithuania joined the European Union in May 2004, and its economic development has been stable in the past 10 years. It is one of the fastest growing GDP countries in the European Union.

    In 2014, Lithuania GDP was US $48 billion 208 million, per capita GDP16430 US dollars.

    In May 8, 2015, Moodie, the international rating agency, rated Lithuania's sovereign credit as A3, with a long-term outlook for stability.

    Lithuania ranks fifteenth in terms of economic freedom, ranking eleventh in terms of business ease.


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