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China Textile News - in Cooperation with Textile and Apparel
Weekly
Latest issues about the Chinese Textile and Clothing
Industry
In cooperation with the magazine (Textile and
Apparel Weekly) of our partner, the China
Textile Network Company you will find interesting topics
about the Chinese market:
Use our archives to learn more about the previous reports:
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2010/08/27
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China's
industrial profit up 61.1% in first seven months
Profits of Chinese industrial enterprises
in 24 regions climbed 61.1 percent year on year to 1.88 trillion
yuan (275.90 billion U.S. dollars) in the first seven months, the
National Bureau of Statistics (NBS) said Friday. The growth rate
was 10.7 percentage points lower than that in the first half year,
said a statement on the NBS website. Among the 39 industrial categories
in the survey, total company profits in 36 grew year on year, according
to the statement. The survey covers industrial enterprises with
main business revenues above 5 million yuan annually. The 24 regions
comprise all of the Chinese mainland provinces, municipalities and
autonomous regions except the Inner Mongolia and Tibet autonomous
regions; Hunan, Guangdong, Hainan and Yunnan provinces; and Chongqing.
Source: Xinhua via CNTEX
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2010/08/26
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Textile
Industrial Added Value Grew 11.1% in July
The statistics-worthy enterprises
(whose annul output beyond five million yuan) reported 13.4% growth
of industrial added value in July, up 0.3 percentage than that in
June. From Jan. to July, the industrial added value of statistics-worthy
enterprises grew 17.0%, 0.6 percentage points lower than that of
first half. By the category of industry, 39 industries kept positive
growth in this month. The heavy industry grew 13.3%, while light
industry up 13.5%. Textile industrial added value grew 11.1% in
July. That's 1.2 percentage points higher from June. Chemical industry
grew 13.7%, down 0.2 point from last month. From Jan. to July, textile
industrial added value grew 11.6%. That's 4.4 percentage points
higher than that in first half. While chemical industry grew 17.6%,
up 9.9 points year over year.
Source: CTEI News
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2010/08/26
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Shanghai
Home Textiles: Brand Bedding and Towelling Zone expanded to an entire
hall
With positive feedbacks in 2009
fair, this zone has upgraded to an entire hall located at Hall W2.
It gathers renowned international and Chinese brands such as Wedgewood
from the UK, Kuan's Living from Italy, Menglan, Sunvim, Veken and
Yuyue from China. More product zones are clearly signposted at the
fair including the Down Products Zone in Hall W3 and the non-textile
related home textile products zone in Hall E6.
Source: CTEI News
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2010/08/26
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Shanghai
Home Textiles: The first Interior Decorative Product and Wall Zone
This new product zone in Hall E6
highlights renowned suppliers from China. Products include decorative
lighting, ceramic and glass house wares, decorative paintings, mirrors
and frames, textile made and other home d'cor plus wall covering
products and accessories. Observing China's growing consumer market,
leading wallpaper manufacturers Zambatti, a new exhibitor from Italy
and P+W, a returning exhibitor from Korea have joined the 2010 fair
under this new product zone. There is a huge space for growth in
the Chinese market as consumers now have a higher demand for home
decoration items. We believe this fair can help us expand our business
in this region,commented Ms Zhai Lu Lu from Zambatti. This time
we will bring a vast range of wall coverings in different patterns
and materials. We hope to meet with more quality buyers at the 2010
show, said Mr Junehee Shim, Manager for P+W.
Source: CTEI News
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2010/08/26
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Shanghai
Home Textiles: A New European Zone
Located in Hall W1, this brand new
European Zone features leading suppliers including Marutx and Rafael
Catala from Spain supplying upholstery products; Eisenkolb from
the Netherlands and Aznar from Spain supplying curtain products;
plus more companies from Belgium, Germany, Denmark, Italy and Sweden.
They showcase a range of luxurious home textile products from curtains
to upholstery fabrics. First time exhibitor from Sweden, Ekelund
is enthusiastic about its participation in the new zone. It is a
good idea to organise the European zone and we are glad to be part
of it. Another important reason for us to join the 2010 show is
the increasing purchasing power of the Chinese consumers. We expect
to meet with distributors and wholesalers in this region at the
fair,said Mr Kent Vikingsson, Vice President for the company. Returning
exhibitor Mr Xavier Girones of Athenea from Spain agreed with Mr
Vikingsson about organising the European Zone. Our experience last
year was positive. Even after the show, we were very busy following-up
the business enquiries received on-site. We hope to expand our customer
database and sales in China as well as other markets, he further
added.
Source: CTEI News
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2010/08/26
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Shanghai
Home Textiles: Country pavilions' area expanded
Among the total exhibitors, 240
are international suppliers. They include country and regional pavilions
from Pakistan, Portugal, South Korea, Taiwan and Turkey located
in Hall W1. With a vast increase of curtain manufacturers exhibiting
in the Turkish pavilion, it will form the biggest pavilion at the
show. Since the Chinese market is becoming more important and sophisticated,
Mr Ibrahim Burkay, the president for Uludag Exporters' Association
and the person in-charge of the Turkish Pavilion has brougt more
leading home textile brands to exhibit in the 2010 show. Among them
include Verdi, Vanelli, Demor, Elvin and Guleser.
"We are seeing an outstanding increase in Turkish home textile
exports to China, up 44% in the first quarter of 2010. The show
always exceeds our expectations. During the previous edition our
companies not only met with existing clients but also established
new business contacts with Chinese and overseas buyers. The show
is an ideal platform in Asia to conduct business," said Mr
Burkay. The Taiwanese pavilion has also increased by 40% in scale
compared to last year's show. This year, we expect to meet even
more international buyers and existing customers, so we have enlarged
our booth, said Mr Wang Zhi Hung from Full Colour Co Ltd, a repeat
exhibitor in the Taiwanese pavilion. Mr Wang further added that
the booth design is upgraded to promote the company's new collection
of upholstery fabrics.
Source: CTEI News
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2010/08/25
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Zuma Hopes
to Tame Beijing Trade
China this week welcomes President
Jacob Zuma for a two- day official visit in what analysts believe
is an attempt by SA to force China's hand to concede to more favourable
trade concessions. SA has over the years struggled to compete with
China's economies of scale, especially within the clothing and textile
industries. This prompted SA in 2006 to negotiate a voluntary import
restraint agreement with China restricting the import of clothing
and textile materials into SA. Th e agreement, introduced from the
beginning of 2007, was aimed at curtailing job losses and to give
enough time to SA's textile industry to improve productivity . The
Textile Federation of SA estimates Chinese clothing and textile
exports to SA account for 89% of all clothing and textiles exported
to SA. India and the rest of the world account for 3% and 8% respectively.
It seems that the restraint agreement has had little effect .
Gilberto Biacuana, then an economist at the South African Institute
of International Affairs, last year said SA's clothing and textile
industries had lost about 69000 jobs in the past six years. In a
desperate attempt to protect the loss of jobs of its members within
these sectors, the Congress of South African Trade Unions last year
succeeded in having its point man, Ebrahim Patel, appointed to Mr
Zuma's Cabinet. The union federation hoped Mr Patel would act as
a proxy, influencing economic policy and promoting protectionist
measures in vulnerable manufacturing industries. Mr Patel, the minister
of economic development , is yet to assert himself on economic policy
formulation. The clothing and textile industries are likely to top
Mr Zuma's agenda in China. This visit is his second this month to
a major emerging market economy. He was invited by the Russian Federation
as the federation attempts to regain lost ground in Africa.
Source: CTEI News
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2010/08/25
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Shanghai
Home Textiles: International Brand Numbers Increased
"The number of overseas exhibitors
is a key indicator to evaluate the international level of an exhibition."said
Xu Yingxin, the Executive Director of CCPIT-TEX. Diane Harrison
Designs (a design studio from UK, specializing in fabrics design
in printing, woven, embroider and wall covering), Dicitex Decor
Exports (a leading Indian decorative fabrics manufacturer, involving
in the producing of interior textiles, curtain and beddings fabrics.),
DyKon A/S "a pillow and quilt manufacturer from Danmark, who
make patented anti-microbial products, which following the strict
EU standards", NICHA (Shanghai) International Trading Ltd.
(a 20-year-history beddings company from Taiwan, who supply various
products to different countries. It entered into Shanghai in 2006
and imported goods from Asia, Europe and Austrilia, with brands
like CK Home and its own brand Wentex), Richloom Shanghai Trading
Co Ltd (an American company since 1950, supply decorative fabrics,
woven fabrics and beddings), all those overseas exhibitors bring
features for this show.
Show participants will find an extensive
range of home textile design concepts at the Designer's Studio in
Hall W1. This special area will gather 23 home fashion designers
from France, Italy, Japan, Korea and UK to present the best designs,
prints and patterns at their country. "China is a very important
market and the show is the ideal platform for us to tap into this
region. We will showcase a wide-selection of designs made from velvet,
silk and other luxurious materials. By exhibiting, we hope to build
more connections with Chinese buyers, especially as European design
styles are becoming more popular among the Chinese consumers,"
said Mr. Michele Alois from Antonio alois & Figli - Compagnia
Creativa, one of the exhibitors in the Designer's Studio from Italy.
Visitors can also gain inspirations from traditional Chinese, European
and Southeast Asian textile weaving patterns and techniques at the
Cultural Heritage Zone located in Hall E5, demonstrating the synergy
effects of eastern and western traditional textile cultures. Intertextile
Shanghai Home Textiles 2010 has been expanded from nine to ten halls.
Exhibitors who benefit from the expansion include suppliers exhibiting
in the international hall, especially those participating under
the Taiwanese and Turkish pavilions, which have significantly increased
by 40% in scale. ...read
more
Source: CTEI News
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2010/08/25
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Shanghai
Home Textiles: Home Textiles Underline Chinese Elements
2009 InterTextile Shanghai Home
Textiles Fair was regarded as an important event to gather manufacturers
together and enhance their confidence to fight back the economic
crisis and help them to explore high-end markets in home and abroad
to get the margin profits in the added value. While for this year's
show, it is expected to underline the Chinese culture in the home
textile sector. Yang Zhaohua, the President of China Home Textile
Industry Association said a special intangible cultural heritage
zone would set again this time, but the exhibitors reduced from
last year's 17 to 8 this year (including Blue Printing Fabrics,
Shen Embroidery, YunJin fabrics, DongJin Fabrics). Those selected
products could better express the traditional Chinese culture. The
relative training is under way and help the exhibitors to improve
their exhibition skills, design and marketing to promote the intangible
cultural heritage to commercialize.
Dunhuang Institute will appear in the intangible cultural heritage
zone and market their China Dunhuang Texture and Pattern Show. Those
texture and pattern were chosed by Dunhuang Culture Fund and re-design
based on the orginal Dunhuang mural painting. Top 10 texture and
patterns will be discussed and elected during the show. The organizer
try to combine the historic element with modern industry to make
development of Chinese culture. Since its first beginning, IntetTextile
Shanghai Home Textile Fair has became the best platform to companies
in home and abroad to display their capabilities. It's a platform
for exhibition, communication and comparation. This year the pan
home textile concept get more mature. Not only more bedding brands
participate this show, but also more non-textile products like wall
paper and accessories join in.
Source: CTEI News
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2010/08/25
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China to Fine-tune Export Policy Settings in the Second Half
According to statistics released
by the General Administration of Customs, in July, China's export
volume as well as its total volume of imports and exports reached
their highest monthly total since July 2008. However the real numbers
are not so optimistic. We conducted an investigation a couple of
days ago. The export situation is not as good as expected. We are
worried about the fourth quarter of this year and the first half
of next year, an anonymous source with the customs agency said.
The Ministry of Commerce shares the same opinion that this year'
export situation is not stable and thus foreign trade policy will
be mainly remain the same in the second half of the year; policies
concerning industries that are energy-intensive and have high pollution
will be slightly adjusted.
The Market is Worse than Expected
The above source analyzed the growth rate of ordinary trade and
processing trade in July. He said, based on statistics, the growth
rate of processing trade item exports was obviously lower than that
of ordinary trade. In the first seven months of this year, China'
total import and export volume was 850.4 billion US Dollars, up
35.6 percent on the level of the same period last year; its common
trade exports were 390.1 billion yuan, up 38.3 percent on that of
the same period last year, a growth rate 2.7 percentage points higher
than that of the export total. In the same period, the total import
and export volume of processing trade was 629.5 billion US Dollars,
up 36.1 percent, with 398.4 billion yuan of exports, up 32.4 percent
which is lower than the total export growth rate. The influence
of foreign demand on the processing trade is relatively obvious;
the statistics indicate that foreign demand is not growing as fast
as expected, the above source said, We think most of the purchase
orders are restocking. The growth rate of processing trade imports
is higher than that of its exports. This indicates that the production
materials imported by Chinese companies are greater than the amount
of goods they are exporting; foreign demand has not reached the
level expected by optimistic entrepreneurs, though, this may also
be due to the production cycle, the above customs agent stated.
...read
more
Source: by Rose Scobie
and Ruoji Tang via CNTEX
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2010/08/23
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List of Obsolete Companies to Shut Down Published
Ministry of Industry and Information
Technology published a list of obsolete companies on August 8th
who are required to shut down by the end of Spet. The list involoved
18 industries and 2087 companies. 201 of them are dyeing and printing
companies; 25 chemical fiber manufacturers. The major obsolete companies
in 2010 invloved in the following industries: cement, 762 companies;
paper-making, 279; dyeing & printing, 201; coke, 192; iron-making,
175; iro alloy, 143; tanning, 84. Divided by regions: Henan, 230
companies; Shanxi, 226; Zhejiang 180; Hebei, 165; Yunan, 165; Guizhou,
128. Relating to textile industry, 3.82 billion meters dyeing production
capacity need to shut down, as well as 674,000 tons chemical fiber's
production capacity. Zhejiang ranked No. 1 in the shut-down mission
as 2.15 billion meters dyeing fabrics and 241,000 tons chemical
fiber, accounting for 56% and 35% of total amount. Henan need to
shut down 500 million meters dyeing fabrics production capacity,
ranking No. 2. Jiangsu, Shandong, Fujian, Hebei and Guangdong all
need to shut down at least 100 million meters. For the chemical
fiber, Jiangsu need to shut down 165,000 tons; followed by Sichuan,
Henan, Fujian, Shanxi, Liaoning, Shandong, Hebei and Xinjiang. They
all need to shut down at least 10,000 tons.
Source: CTEI News
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2010/08/23
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China Cotton Market Report in First Half 2010
Prices hit a record high
In Jun. 2010, China Cotton Index for 328-Grade reached CNY 17,894
a ton, adding 19.84% over Jan. 2010. Same happened to the international
cotton prices. The Cotlook A index in Jun. reached to 93.04 cents
per pound, up 51.53 points from last year. The both of them hit
a record high.
Industry recovery pushing up cotton price
Cotton prices extended gains over the past few months, as incremental
domestic demand was outpacing incremental supply. China's cotton
textile industry saw a continue increase in cotton yarn production
in the first half of 2010. Looking further, from January to June,
output of cotton yarn and cotton blend yarn reached 9.7192 million
and 1.2414 million tons, up 15.84% and 13.71% respectively from
the previous year's period. There are other factors pushing up cotton
prices. Cotton output in China totaled 6.40 million tons in 2009/10,
down 14.67% from a year earlier. The harvest was approaching its
end, but some growers and traders were still reluctant to sell due
to expectations that prices will rise further.
The supply is not only from domestic cotton mills but also from
outside. High import costs may push up cotton price also. China's
State Council has upped the first half 2010 import quota to 3.562
million tons. As we known, imports of cotton under quotas are subject
to 1% customs duty rate. Imports without quotas are subject to 5~40%
sliding duties. Goods delivered for cotton exports surged 109.84
per cent to 1.5451 million tons in the first six months from the
year-earlier period. Goods delivered for cotton exports in Jun.
increased by 5.1 per cent to 177,200 tons. Export price surged 47%
to $1,834/ton in Jun.
Prices began easing
China Cotton Index for 328-grade began easing since Jul. 12 as the
slack season for yarn sales coming up and the releasing of government
reserved cotton. On Aug. 6, China Cotton Index for 328-Grade was
CNY 18178 a ton, 241 less than the price on Jul. 9. China will auction
600,000 metric tons of cotton from state reserves from Aug. 10 to
satisfy demand and stabilize the market, the China Cotton Association
said. ...read
more
Source: CTEI Exclusiv
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