Bengal Yarn Fabric Exhibition Will Open A New Way Out

Recently, yarn and cloth gradually entered the off-season. According to the majority of textile enterprises, the sales of polyester cotton cloth had been obviously blocked. The grey fabric of textile and single weaving mills had already felt pressure increasing.

Recently, the pressure of sales of grey cloth has affected the yarn, and the sales of polyester cotton yarn has obviously slowed down.

According to the relevant textile enterprises, first, the off-season is coming, the market demand is decreasing; the two is the yarn and cloth production capacity is too large. Although many small and medium-sized textile enterprises have been closed in China, Xinjiang and abroad have invested in the construction of larger and more advanced textile enterprises.

The market structure of supply exceeding demand at home and abroad has not changed.

During the peak season, the competition of textile enterprises is still fierce.

It will be held in Bangladesh China Friendship Exhibition Center on 31-9 and 3 August 2016. Bangladesh has a population of 145 million and its market is growing.

Textiles are the largest export industry in the country. The fast growing garment industry accounts for 76% of the total export volume. Bangladesh exported 7 billion 500 million dollars in garments and ranked five among the top five in the world.

By 2010, the export target will be set at US $10 billion.

Facing the huge textile market in Bangladesh, part

In order to speed up their economic development, Bangladesh ZF attaches great importance to attracting foreign investment.

The ZF issued a series of financial and non-financial incentives and policies, including tax holidays, cancellation of all non-tariff barriers, tax free import of capital machinery, from the country.

Provide exporters with cash assistance.

Bangladesh also followed very free and open import practices.

Bangladesh's currency is stable and its inflation rate is low.

Bangladesh currently has 247 private spinning mills, with 5 million 200 thousand production capacity, 365 weaving factories, and 900 million cubic meters of grey cloth.

There are also 1 billion 100 million meters of grey cloth produced by semi mechanized / mechanized power looms and hand looms, and more than 4000 garment factories and 4 million 500 thousand workers.

Although it is generally believed that the post quota era is unfavorable to it, the textile and garment industry in Bangladesh has maintained a momentum of growth in 2005~2006.

Because of the WTO's restrictions on the protection of Chinese textiles, some American buyers have shifted their orders from China to Bangladesh.

Moreover, Bangladesh enjoys the treatment of the exemption market under the EU's GSP and EBA.

Bangladesh exports to Canada, Australia, Japan, Norway and other countries to enjoy duty-free market entry treatment.