Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Event

HOME > Event


2018 WTMC kicks off at Keqiao of Zhejiang in Sept. 20

September 21, 2018


Abstract : 2018 The First World Textile Merchandising Conference (2018 WTMC) kicked off at the Keqiao District, Shaoxing City of east China's Zhejiang Province on September 20.

1668692943

HANGZHOU, Sept. 21 (Xinhua) -- 2018 The First World Textile Merchandising Conference (2018 WTMC) kicked off at the Keqiao District, Shaoxing City of east China's Zhejiang Province on September 20.

Focusing on "Opening-up, Science & Technology, Fashion, Green Growth", the conference has seen participants share their ideas on the coordinated development of global textile fashion industry and transformation of China’s textile industry under the Belt and Road Initiative.

Shen Zhijiang, party secretary of Keqiao District, Shaoxing City, said that Keqiao District is an important gathering place of the global textile industry. Nearly a quarter of the world's textile products are traded in China Textile City which is located in the district, with an annual turnover of nearly 200 billion yuan.

“Textile industry boasts promising future in China. More countries will pay attention to the tremendous opportunities of the industry,” noted Jaswinder Bedi, chairman of the International Textile Manufacturers Federation (ITMF) (2016-2018) and the African Cotton and Textile Industries Federation (ACTIF), adding that China is expected to surpass Europe and the United States to become the largest retail market in the world by 2020.

According to Sun Ruizhe, president of China National Textile and Apparel Council (CNTAC), the transformation of China’s textile industry calls for upgrading of manufacturing so as to make it more intelligent, service-oriented and environmentally-friendly. In the meantime, efforts should be made to forge a professional and international industry cluster to enhance global cooperation.

During the conference, World Textile Merchandising Conference Council, consisting of 12 representatives from textile associations of countries like China, Egypt, Indonesia, Malaysia, France, Turkey, Vietnam, Cambodia and Laos, has been formally established, aiming to realize sustainable development of the textile industry. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)


Focus

Think Tank

  • How will Brexit crisis affect China-UK economic ties...

    February 20, 2019

    It is crucial for China to understand that the first forces active in the Br...

  • Why China remains a magnet for foreign investment?

    February 20, 2019

    With all of these new initiatives in the works, it's fair to say that China ...

  • Greater Bay Area a center of innovation

    February 20, 2019

    The successful establishment of the Greater Bay Area as a center of scientif...

  • How Can China’s Economy Maintain Steady Growth at a...

    February 15, 2019

    China needs to keep expanding its interconnectivity with global markets, pro...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial