China's textile export enterprises still adhere to the European and American markets

Source and time: Hong Kong Ta Kung Pao March 16, 2009

The financial crisis in the mainland Chinese textile exports hit "winter", but the textile branch of the China International Trade Promotion Xu, vice president of the New Year that China's textile export enterprises shall adhere to the European and American markets judgments.
XU Yingxin revealed that the latest Chinese customs statistics show that in 2009 February the first Chinese and the European Union, the United States, Japan, and other top three trading partners trade performance are better than the same period the overall level of China's foreign trade. The EU is still one of China's largest trading partner, China-EU trade volume 48.78 billion U.S. dollars, down into two, drop lower than China's foreign trade dropped seven percentage points overall. He stressed that the Chinese textile and garment products in major export markets are the United States, Europe, Japan. Regardless of the impact of financial crisis there is little, the main pattern of the market in the short term are unlikely to change.
He believes that foreign markets in 2009 is definitely shrinking, but there is strength for the enterprise, capital operation, integrated channel opportunities exist at any time. Those fundamentals better, have encountered temporary difficulties in their operation, still want to keep their international market share of enterprises in 2009 to grasp how to use channels for exhibition opportunities, its long-term development.
He said that just concluded at the United States organized by Chinese fabrics exhibition attracted a lot of overseas buyers to come to discuss the purchase, reducing the number of buyers, which means that Chinese textile exports have more market opportunities. And in September 2009 will be at the middle of the third held in Paris, France "Chinese textile and apparel trade fair" exhibition at the audience high-quality resources in a better position. By the China Textile Industry Association, China Textile Branch of the Promotion of International Trade, China National Garment Association and Messe Frankfurt hosted the exhibition is the industry's most influential one of the exhibition, which will, through upstream and downstream industry chain of cross-border integration to help Chinese textile industry in the economic winter in the European market to open up channels to hold the lifeline of faith, and guide them to adapt to the European market, through the economic winter.