French Textile Industry Calls on Emphasis on China Market

France Knitting Association and Paris Business Association recently jointly held a symposium, calling on emphasis on China market. They put forward that China is not only the most dangerous competitor of France textile and garment industry, but also the developing market for French enterprises.

According to the analysis of the symposium, in 2002 both China textiles output and export increased by 15%, reaching 138 billion euro and 70 billion euro respectively. It is believed that China’s share of world textiles import will reach 25% in 2005.

Garment consumption of China citizens takes up 15% of total family expenditure, reaching 50 billion euro. In 30 big shopping centers, the sales volume of 612 brands of women’s wear and 112 brands of men’s wear increased by 17% and 70% respectively. In addition, the home decorative cloth in China is also attractive.