Italian Textile Enterprises Actively Participate In China Expo

Under the financial crisis, Italy textile and garment enterprises actively seek opportunities to develop the Chinese market.

On the eighteen day, the Italy Foreign Trade Commission (ICE) said that the Italy National Pavilion consisting of more than forty brands of more than thirty companies will dedicate a boutique exhibition to China International Clothing and accessories fair.

Italy textile and garment industry has an annual turnover of about fifty-two billion and eight hundred million euros, of which exports account for fifty-two point four percent.

Last year, China imported clothing from Italy to US $330000000, an increase of sixty-five percent over the previous year.

Italy's clothing exports to China account for about sixteen percent of China's imports.

In terms of fabric, especially in wool fabrics, Italy is a big supplier of China.

Last year, China imported wool fabrics from Italy worth about 175000000 US dollars, and imports accounted for Thirty-one percent of China's wool fabric imports.

Lai Shiping, chief representative of ICE, said that although Italy was affected by the financial crisis, the number of exhibitors participating in this fair was basically the same as previous ones, indicating the importance of the Chinese market for Italian enterprises.

Lai Shiping stressed that although the import and export volume of textiles and clothing between the two countries has been reduced from the data point of view, due to the Chinese government's response to the financial crisis in the shortest time, China's high-end consumer groups have been hit by the crisis and are not serious in Europe and America.

He believes that after the crisis, China's consumer groups will pay more attention to product quality, which provides an opportunity for Italian textile and garment enterprises to develop in China.

It is learnt that in addition to the costumes Expo, the Italy National Pavilion will also participate in the China international textile fabrics and accessories (Chun Xia) fair. At that time, the "two 0, 0 year summer fabric fashion trend conference" will be held.

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