Chinese textile firms will get help from the government in establishing trade cooperation zones overseas, especially in developing countries, said China's Minister of Commerce Bo Xilai. "We expect to strengthen China's economic ties with developing countries," the minister said at the third global textile economic forum held in Beijing on Monday. The move will benefit both sides because it will not only help Chinese firms, but will also create jobs in target countries, Bo was quoted as sayi

The Bangladesh government has decided to privatize state-owned textile mills to attract foreign investment in the backward linkage industries so that the country can face the challenges in the post-MFA (multi-fibre arrangement) era, according to the Textile and Jute Minister. The country needs at least 150 composite textile mills in next five to seven years to face the challenges in the quota-free regime. Having been aware of this necessity and the interests of foreign investors, the government

TAIPEI: The garment manufacturers, after the cancellation of the Multi-Fibre Agreement on global quotas more than one year ago, is stabling its business in the industry, sources said here on March 26. The leading garment manufacturers of the country, Makalot Industrial Co., Tainan Enterprises Co., and Eclat Textile Co., has all experience their production lines fully booked for the first half of the year. Makalot boosted a 40 per cent annual rise in orders received in the second quarter, and

National Bureau of Statistics released the ?alue-added of Industry?report for the first two months of the year. It stated that the Value-added of Industry up by 16.2 percent in the first two months.The total value-added of the industrial enterprises above designated size (all state-owned enterprises and those non-state-owned enterprises with an annual sales income over 5 million yuan each year, the same as follow) was1111.3 billion yuan, increased 16.2 over the same period of the previous year.

BEIJING (AFX) - China's textile exports growth benefits developed countries, including the US and EU, because they save money on China's low-cost products, the minister of Commerce Bo Xilai said. In a textile forum held in Beijing this morning, the minister said that the US saves nearly 100 bln usd in expenditure every year by buying imported textile products from China. Bo said that the sector's development has also increased China's imports of raw materials and production equipment. Last year,

US importers have been paying considerably more for many categories of Chinese apparel in January than they were in 2005. Unit values, especially in restricted categories, have clearly increased whilst there has also been rises for clothing in non-restricted categories. US retailers paid a lot more for imported Chinese apparel in January than in 2005, US Department of Commerce data confirm. At the same time, there has been a big slow down in the rate of goods under quota entering US ports.

As of January 2006, over 600 exhibitors from 17 countries and regions have signed up to participate in the sixth Intertextile Beijing, scheduled for 28 ?30 March 2006 at the Beijing Exhibition Centre. Among them Germany, Italy, Japan, Korea, Thailand and Taiwan will return with national pavilions. The overseas exhibitor? participation has grown by 10 percent demonstrating the show's importance for global textile traders. The Thai pavilion will be organized by the Thailand Department of Export Pr

The Korean textile manufacturing industry has made a strong showing at Interstoff Asia Spring 2006, with a national pavilion under the heading ?ynamic Korea? The pavilion displayed silks from the famed Korean Jinju region in Korea for the very first time. The fair, which took place from 22 ?24 March 2006 at the Hong Kong Convention & Exhibition Centre, was selected for a major promotional push by the Korean Fashion Textile Association because of the high number of international fabric buyers

Dubai? leading role as the textile trading hub for the Middle East, South Asia and Africa region has been cemented as studies indicate that two of Asia? economic giants, China and India are posting major gains in the world textile and clothing exporting markets in the post Multi Fibre Agreement Era. Manufacturers from India and China have been flocking to Dubai in order to gain access to the highly lucrative market in the Middle East region, as was manufacturers from elsewhere in the world.

US importers have been paying considerably more for many categories of Chinese apparel in January than they were in 2005. Unit values, especially in restricted categories, have clearly increased whilst there has also been rises for clothing in non-restricted categories. US retailers paid a lot more for imported Chinese apparel in January than in 2005, US Department of Commerce data confirm. At the same time, there has been a big slow down in the rate of goods under quota entering US ports. Th