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| Prospects of the China Garment Market |
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Having an unlimited business development opportunity, it is obvious that the China garment market has a promising future. As shown in statistic, China is the world’s largest textile and garment exporting country. The total export value in January – May 2007 was US$57.34 billion, accounting for 15.5% of the world’s aggregate. |
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Since the accession to the WTO in 2000, China has invested heavily towards expansion of its garment production capacity and upgrading of technology. An increase of the whole industry capital assets investment grow of 29% is reached in January – May 2007. |
| Profile of Hong Kong Garment Market |
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In January – June 2007, the total export value of garment and fashion accessories from Hong Kong to various parts of the world was US$11.03 billion, with a growth of 9.35% comparing with the previous year. |
| Profile of Guangdong Province Economy |
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With the flourishing development of China market, the Guangdong economy growth reached 14.1% in January – October 2006. |
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The total import and export value of Guangdong province in January – March 2007 was US$131.15 billion, being the top province with an increase of 23.9% comparing with the corresponding period of 2006 and 28.7% of the total revenue of the country. |
| News of Dongguan Market |
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In January – November 2006, the total import and export value of Dongguan was US$68.68 billion, with a growth of 13.9% comparing with the corresponding period of 2005. |
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Dongguan has the largest industrial base of the South China region, with over 180 industrial districts. |
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Dongguan City has 32 towns, with over 50,000 companies, of which, more than 15,000 are three-capital enterprises. |
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The Dongguan City is a renowned industrial manufacturing and processing city in China, commanding the most advantageous geographical location. With the superior position in the mid-southern part of the Guangdong Province and North-east of the Pearl River Delta, Dongguan is located midway on the Guangzhou-Shenzhen Economic Corridor, with Hong Kong and Macau as its neighbours. The Beijing-Kowloon Railway, Guangzhou-Shenzhen Railway, Guangzhou-Shenzhen-Zhuhai Expressway and S256 (National Highway 107) traverse throughout Dongguan. The Guangzhou Baiyun International Airport, Shenzhen International Airport and the Hong Kong International Airport provide convenient transportation systems. |
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