The 9th China Textile and Apparel Trade Show kicked off Wednesday in New York. The exhibition will run through Friday, and nearly 100 enterprises from all over China take part in this yearly event. CRI reporter Shen Ting is there and filed the report.
It is the 9th year that China Textile and Apparel Trade Show is held in New York. During the past years, the event had developed into a first choice for the Chinese enterprises to make way into the US market, as well as for purchasers from both the US and its neighboring areas to seek the textile and apparel deals.
"We've selected some exhibits especially for the US market, and they are more targeted at higher-end purchasers."
"We are from a clothing company and we are looking forward expanding into China. The Chinese products are very good, very nice. I expect to find new sources."
Chinese Consul-General to New York, Peng Keyu, said the trade show provides not only a good platform for businessmen from both China and the US, but also reflects a good prospect of economic and trade cooperation between the two countries.
"Chinese enterprises keep a good relationship with the US side. This exhibition demonstrates that we not only sell goods to the US, but also buy a lot of goods from the US, like the cotton, the machines and the techniques. All this demonstrates that China and the US have a good prospect in future economic and trade cooperation, which is mutually beneficial and could create a win-win situation."
Alan Jennings, a former councilman of New York City, believes that this trade show is more important against the background of the current depressed economy in the US.
"That makes the trade more important. It is important now especially that the inflation is in our country and prices of goods are becoming more expensive for American buyers. So we get to have more goods from China to make cheaper goods prices."
While to Yang Jichao, General Secretary of China National Textile and Apparel Council and also one of the Chinese organizers of this exhibition, the trade show might "show" something else.
"Although the textile products account only a minor part of the total trade volume between China and the US, they are, however, some special goods always carried with sensitive issue. It is an unavoidable topic between China and the US."
According to Yang Jichao, the US will lift its quota restrictions to the Chinese textile products next year, following the EU in the beginning of the year. It will undoubtedly be a piece of good news for the Chinese textile industry. He said that the next issue for them to focus on will probably be how to balance the increase of the Chinese textile products exportation and not producing new worries of the US government toward the Chinese exports.