Spotlight: Chinese, U.S. textile businesses look for new opportunities amid trade uncertainties
                 Source: Xinhua | 2019-07-25 00:16:13 | Editor: huaxia

People visit the 20th China Textile and Apparel Trade Show in New York, the United States, July 22, 2019. The fair serves as a platform to showcase the latest industrial trends and help Chinese companies explore the U.S. market. (Xinhua/Wang Ying)

by Xinhua writers Wang Wen, Chang Yuan

NEW YORK, July 24 (Xinhua) -- Chinese and U.S. entrepreneurs in the textile industry gathered here for the ongoing China Textile and Apparel Trade Show, looking for new opportunities to strengthen cooperation, adapt to changing global fashion trends and respond to bilateral trade uncertainties.

The year 2018 saw China processing 54.6 million tons of fibers, accounting for half of the world's total, and exporting 276.73 billion U.S. dollars in textile and apparel, or 36 percent of the world's total, according to the China National Textile and Apparel Council.

However, Chinese companies are not content with what they have achieved.

"They are proactively moving toward automation and smart production through technological innovation, and nurturing indigenous brands to move up the value chain," said Xu Yingxin, the council's vice president, at the event held in New York City's Javits Center.

The trade show in its 20th edition was held in tandem with other textile expos, attracting thousands of market players, including retailers, designers and sourcing professionals.

Seduno Group, a Chinese fabric and garment supplier headquartered in Ningbo city of east China's Zhejiang Province, has been expanding its global footprint, working on its designing abilities and strengthening its quick response capabilities.

The company now exports about 12 million garments every month and the total annual exports amount to 600 million U.S. dollars. Apart from China, it also has production bases in Vietnam, Bangladesh, Myanmar and Cambodia.

"Having a global layout is a must now if a supplier wants to establish solid and long-term strategic partnership with big brands that sell internationally," said Xie Chaojun, Seduno's general manager.

It was also required by many U.S. customers who have been preparing for possible tariff hikes, he added.

Currently, European countries account for 52 percent of the company's total exports while the United States and Canada account for 15 percent.

Xie was confident that the company could expand its North American market quickly in the future, since the company's exports to the United States already increased 4 percent in the first half of this year.

Meanwhile, U.S. industry executives are deeply concerned about the negative impact of U.S.-China trade tensions and uncertainties on their businesses, according to the 2019 Fashion Industry Benchmarking Study, prepared by Sheng Lu, associate professor at the University of Delaware in collaboration with the U.S. Fashion Industry Association.

As many as 63 percent of respondents said the U.S. tariff action against China "increased my companies' sourcing cost" in 2019, according to the report released Monday.

As companies are moving sourcing orders to Bangladesh, Vietnam and India, the average price of U.S. apparel imports from these main alternatives to China have all gone up by more than 20 percent in the first five months of 2019 year on year, the report said.

Despite the lingering tariff issues, China will remain a dominant textile and apparel supplier for the U.S. market in the foreseeable future, because China does not have a strong competitor in the variety of products it can make, it added.

Although facing uncertainties over U.S.-China trade tensions, most U.S. companies are still looking for cooperation opportunities with Chinese businesses at the expos.

Nicolas Becerra, director of fabric sourcing and new source development at U.S. costume company Weissman, said "no place can beat Shaoxing in terms of product quality, price, service, and flexibility," referring to a city also in Zhejiang Province.

"If tariffs go up, we'll have to raise prices, so does every one of our competitors. Consumers will have to pay more," said Becerra.

Richard Carrier, a U.S. businessman who has been building his underwear brand for about a year, has partnered with Shanghai H&C International Trade Company.

"The company has been tolerating my every demand and everything shows up before schedule with exceptional quality," said Carrier. He said the trade frictions would not stop him from doing business with Chinese companies.

Back to Top Close
Xinhuanet

Spotlight: Chinese, U.S. textile businesses look for new opportunities amid trade uncertainties

Source: Xinhua 2019-07-25 00:16:13

People visit the 20th China Textile and Apparel Trade Show in New York, the United States, July 22, 2019. The fair serves as a platform to showcase the latest industrial trends and help Chinese companies explore the U.S. market. (Xinhua/Wang Ying)

by Xinhua writers Wang Wen, Chang Yuan

NEW YORK, July 24 (Xinhua) -- Chinese and U.S. entrepreneurs in the textile industry gathered here for the ongoing China Textile and Apparel Trade Show, looking for new opportunities to strengthen cooperation, adapt to changing global fashion trends and respond to bilateral trade uncertainties.

The year 2018 saw China processing 54.6 million tons of fibers, accounting for half of the world's total, and exporting 276.73 billion U.S. dollars in textile and apparel, or 36 percent of the world's total, according to the China National Textile and Apparel Council.

However, Chinese companies are not content with what they have achieved.

"They are proactively moving toward automation and smart production through technological innovation, and nurturing indigenous brands to move up the value chain," said Xu Yingxin, the council's vice president, at the event held in New York City's Javits Center.

The trade show in its 20th edition was held in tandem with other textile expos, attracting thousands of market players, including retailers, designers and sourcing professionals.

Seduno Group, a Chinese fabric and garment supplier headquartered in Ningbo city of east China's Zhejiang Province, has been expanding its global footprint, working on its designing abilities and strengthening its quick response capabilities.

The company now exports about 12 million garments every month and the total annual exports amount to 600 million U.S. dollars. Apart from China, it also has production bases in Vietnam, Bangladesh, Myanmar and Cambodia.

"Having a global layout is a must now if a supplier wants to establish solid and long-term strategic partnership with big brands that sell internationally," said Xie Chaojun, Seduno's general manager.

It was also required by many U.S. customers who have been preparing for possible tariff hikes, he added.

Currently, European countries account for 52 percent of the company's total exports while the United States and Canada account for 15 percent.

Xie was confident that the company could expand its North American market quickly in the future, since the company's exports to the United States already increased 4 percent in the first half of this year.

Meanwhile, U.S. industry executives are deeply concerned about the negative impact of U.S.-China trade tensions and uncertainties on their businesses, according to the 2019 Fashion Industry Benchmarking Study, prepared by Sheng Lu, associate professor at the University of Delaware in collaboration with the U.S. Fashion Industry Association.

As many as 63 percent of respondents said the U.S. tariff action against China "increased my companies' sourcing cost" in 2019, according to the report released Monday.

As companies are moving sourcing orders to Bangladesh, Vietnam and India, the average price of U.S. apparel imports from these main alternatives to China have all gone up by more than 20 percent in the first five months of 2019 year on year, the report said.

Despite the lingering tariff issues, China will remain a dominant textile and apparel supplier for the U.S. market in the foreseeable future, because China does not have a strong competitor in the variety of products it can make, it added.

Although facing uncertainties over U.S.-China trade tensions, most U.S. companies are still looking for cooperation opportunities with Chinese businesses at the expos.

Nicolas Becerra, director of fabric sourcing and new source development at U.S. costume company Weissman, said "no place can beat Shaoxing in terms of product quality, price, service, and flexibility," referring to a city also in Zhejiang Province.

"If tariffs go up, we'll have to raise prices, so does every one of our competitors. Consumers will have to pay more," said Becerra.

Richard Carrier, a U.S. businessman who has been building his underwear brand for about a year, has partnered with Shanghai H&C International Trade Company.

"The company has been tolerating my every demand and everything shows up before schedule with exceptional quality," said Carrier. He said the trade frictions would not stop him from doing business with Chinese companies.

010020070750000000000000011100001382549611
三分快3 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票