East Silk Market registered trade worth of more than RMB30 billion, last year. Based at Jiangsu province, the market was established in 1986 and presently, it is spread over 400,000 square metres area.More than 4000 companies trade in products like silk fabric, silk products and machines for the industry.This is the biggest silk market in China, including for all kinds of related silk products sold not only in China but also in the world.Considering its significance for the growth of textile ind

Textile, garment and footwear were the top export products by the end of this year? first quarter.Textile and garment exports together represented almost 38 percent growth reaching over US $1.75 billion, about 50 percent of which were supplied to the US.Footwear exports registered about 20 percent rise bringing in nearly $1.1 billion.As the footwear exports to the EU have to face anti-dumping duties, several leather shoe manufacturers have shifted to other accessories that are not subject to the

Madhya Pradesh Textiles Mills Association has asked for cuts on entry tax and mandi tax on cotton and other raw materials. Association has also requested waiving electricity charges for cotton ginning and pressing activities during low season. Other states do not levy minimum power charges during off-season. Textile industry has been complaining about certain taxes that increase production costs and affect its competitiveness, the association members observed. State Government has offered a pack

Contract farming is the likely saviour of Kenya's cotton farmers, as it would help reduce losses they face every season due to unfair pricing, Nyanza Provincial Director of Agriculture, Jacob Odondi said.Prospects for reviving industry seem encouraging but marketing suffers due to lack of a regulatory body to oversee day-to-day operations of industry.Revival of cotton industry is well on course, he contends.Odondi says that liberalised system pose a threats to growers as unscrupulous dealers wou

Guangdong government launched an investigation to seize those factories which have been in the business of producing clothing under fake international brand.Last month, government officials came to know that some factories have been producing clothing of fake brand and they undertook this combing operation.Officials said that any factory producing fake international brand would be closed down.Not only the factories will be closed down, but their managers will also be fined about RMB100,000.Guang

The government has prepared fresh lists of country's products for duty- and quota-free access to the markets of both developed and developing countries in line with the agreement reached at the last WTO Ministerial meeting. "The lists have been prepared to help boost the country's exports to the USA, Japan, South Korea, India and the European countries," said a high official of the ministry of commerce.There are 1017 products on the duty-free list and 276 others on the quota-free list, the off

China has confirmed it will not change the way it distributes EU and US quotas despite concerns that 20 per cent will be unused in 2006. Many companies have complained that their quotas are too small to meet client demand while many smaller producers are priced out of bidding. The latest round of auctions have seen prices increase as interest from the EU and US grows. The Chinese Ministry of Commerce (Mofcom) has confirmed it will not change the way it distributes EU and US quotas despite con

Cotton farmers are demanding higher support price of ZWD $60,000, up from the present ZWD $5,000 per kilogram being offered, which is about three times than what is offered by merchants currently.The introduction of this price will make farmers realise 25 percent profit. Proposal to raise support price has been put up to Government and Reserve Bank of Zimbabwe (RBZ) through National Cotton Council. The money being offered at present was too little and insufficient to repay their loans. Proposal

European Union (EU) has drafted a new policy to support afflicted clothes and textiles industry of 25 ?nation bloc.Gunter Verheugen, Industry and Enterprise Commissioner of the EU, said that textile industry is challenged with unfair market conditions, job losses and slower recovery.The effect of developments of last few years has damaged each and every section of textiles and clothing production, from spinning and weaving to garment make-up, said Verheugen.He explained a four-point plan, which

Textile export to Turkey is the major topic to discuss in the trade talks between the two countries.Turkey expressed, the restrictive measures on Chinese textile started last year and would last till the end of 2008.Turkish government imposed anti-dumping duties of 7.5 percent on 44 Chinese textile products. Source:Fibre2fashion News Desk - China