Home Sign in Research report Data Center Industry News Custom Research About us
Research report:                          Automotive  |  Electronics  |  Mechanical&Automation  |  New Energy  |  Medical  |  Advanced Materials  |  Building Products  |  Transportation  |  Communication  |  Chemical  |  Finance  |  IT Industry  |  Food  |  Home Appliances  |  Forestry  |  Agriculture  |  Textile  |  Culture Industry  |  Consumer goods  |  Others  |
 Home > Industry News > Textile > Text
China shows textile strength in Canada
Author:sino    Source:Sino-report    Number of clicks :     Update time:2018-08-22 11:56
Hundreds of Chinese companies joined the Apparel Textile Sourcing Canada (ATSC) show on Monday at the Toronto International Centre.
Hundreds of Chinese companies joined the Apparel Textile Sourcing Canada (ATSC) show on Monday at the Toronto International Centre.
New to this year’s event was the China Brand Show, adding categories such as accessories, giftware, home electronics, footwear, luggage, housewares and general merchandise. A first-of-its-kind showcase of top brands from China, called Avenue ATS, also will appear at the three-day show.
“China’s top 10 brands have unique designs and innovations to offer and are eager to do business with Canadians,” said Jason Prescott, CEO of JP Communications, ATSC producer. “These top, high-quality Chinese brands are looking for Canadian representatives to import and distribute their products in a big way in this market – it’s an unprecedented opportunity.”
China is the world’s largest source-garment exporter for multinational brands, ranging from luxury and high-end names such as Armani and Hugo Boss to fast fashion brands such as Inditex (Zara), Gap, C&A and Fast Retailing. China’s clients also include competitive price players like Walmart, Costco, Tesco and Carrefour. 
According to Cao Jiachang, chairman of the China Chamber of Commerce for Import & Export of Textiles (CCCT), China’s exports in the garment and textile market have increased dramatically in the past decade; however, China’s market share in world trade value has decreased the past two years.
“Chinese companies are changing their exporting strategy and the structure of the portfolio to exporting to the global world,” Cao said.
China’s outbound investment in the textile and garment sector experienced an annual increase of 20 percent in the past 15 years, but investment in the sector fell by 55 percent last year. 
Clay E. Hickson, vice-president at Worldwide Responsible Accredited Production, said China may have passed its zenith, but it is still an indispensable source country, especially for complicated processing or medium-to-high end fashion items.
“China is still one of the front-runners in the global textile and apparel supply chain, and incentives for Canadian brands continue for basing production and sourcing in China,” Hickson said. 
In 2017, China’s textile and apparel exports to Canada totaled $4.26 billion, up by 12.97 percent year-on-year; imports from Canada reached $28.27 million, up 8.72 percent year-on-year.
“I think the Chinese investment in the garment and textile sector in Canada will bring in win- win solutions for both countries,” said Wu Zhengping, director general at the Trade Development Bureau of the Ministry of Commerce. 
Amid an escalation of the ongoing trade dispute between the US and China, as well as a long-lasting trade war between the US and Canada, “China takes a positive position to promote the free trade talk with Canada and all the world,” according to Lu Shaye, China’s ambassador to Canada.
“A free trade agreement (FTA) is a benefit to both China and Canada, especially under the current global trade tensions background, and moving to diversification is both of our strategies, especially for Canada,” Lu told the audience at an ATSC seminar. 
Meanwhile, Canadian products are suitable for the Chinese market, especially Canada’s strength in agriculture, mining and clean technology, Lu said.
“I think we can deepen the cooperation under the FTA, and Canadian companies and enterprises could expand their shares in the Chinese market,” he said. “We’re ready to restart the talks at any time.”
Canada is in talks with the United States to renegotiate the North American Free Trade Agreement (NAFTA). The US and Mexico are expected to reach a separate deal on NAFTA soon.
“It would be fair to say that China has become the fourth player to NAFTA,” said Prescott. “As most of the world has a general respect for free trade, Canada does especially.”
Order Online
Contact Us
Tel: 400-988-9999
Phone :+8615313587056
Online Consultation
Skype: Please Please
Latest Reports
[Textile] China shows textile strength in Canada
Popular reports
Industry Data
China opens market to Kenya's agricultural products
China's publishing industry booming over past 40 years
Industrial Production Operation in July 2018
Total Retail Sales of Consumer Goods in July 2018
National Real Estate Development and Sales in the First Seven Months of 2018
NSDP/SDDS for the People's Republic of China
Market Price of Important Means of Production in Circulation, July 01-10, 2018
In the first five months of 2018, the profits made by industrial enterprises above the designated siz
Purchasing Managers Index for June 2018
Market Price of Important Means of Production in Circulation, June 21-30, 2018
In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Based on Jan - Apr shipment record, Kia Motors Remain on Top 10 in Global PHEV Power Brands Ranking
Consumer Prices for May 2018
Producer Prices for the Industrial Sector for May 2018
Industrial Production Operation in May 2018
Investment in Fixed Assets for the First Five Months of 2018
National Real Estate Development and Sales in the First Five months of 2018
Producer Prices for the Industrial Sector for April 2018
Stable Performance for the National Economy in April
Total Retail Sales of Consumer Goods in April 2018
Industrial Production Operation in April 2018
National Real Estate Development and Sales in the First four months of 2018
Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in April 2018
Industrial Profits Increased in the First Four Months of 2018
Industry News
Iron and steel sector gains strength
China’s wines take center stage
Machinery manufacturing fair boosts Sino-Russian ties
Medical device manufacturers display their latest technology
Soybean farmers store crops amid hopes of higher prices
Tourism industry opening on agenda
Tech competition eases startups' access to China market
China's excavator sales grow 44.9% in October
China's solid waste imports continue to slump on tightened ban
Delivery orders jump 25.12% to 1.35b on Singles Day
Related Links
Jiangsu's textile exports up nearly 40%
Volatile price of cotton is making times harder for China's textile industry
China plan to benefit wool growers
2011Q1 Heilongjiang's clothing exports to Russia in Rapid growth
Smart Shirts Ltd has merged with Sunrise Textile
Celebrated in Brazil but made in China
US cotton is still prefered by Chinese textile industry
Adidas fashions a new front in apparel in China

Sitemap       |       Join Us      |       Customer Service       |       About Sino-report
Copyright © 2011-2025 Sino-report Consult Inc.
No.18 Zhichun Road, Haidian District. Beijing 100089.China
Information and data contained in this site is for reference only pursuant to operate your own risk