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Chinese Textile Enterprises Actively Expand The Market In Bangladesh

Aug 16, 2017

The international textile industry exhibition in Bangladesh has been held in dhaka, Bangladesh. Chinese textile enterprises occupy more than half of the 1,400 booths and make full use of the exhibition to find business opportunities. 

From September 9 to 12, about 1,150 enterprises from 25 countries participated in the exhibition, which is one of the largest comprehensive exhibitions in Bangladesh. 

The four exhibition halls of the exhibition center are far from meeting the needs of exhibitors. The organizer has also set up a temporary exhibition hall.The products of the participating enterprises cover garment fabrics, accessories, related chemicals and machinery.Throughout the exhibition hall, Chinese faces and Chinese corporate propaganda boards can be seen everywhere, giving people the illusion of returning to the domestic exhibition scene. 

Shanghai HuaShen Shanghai textile group import and export co., LTD., with 2018 chun xia and popular trend of qiu dong season fabrics and local varieties and yarn, textiles face by numerous clothing factory and the European and American brands in local buyers welcome, visitors an endless stream, even with buyer place the order on the spot.Zhou Ke company general manager, said the "fashion + rapid response" a new model of exhibition, the effect exceeded expectations, more established the state-owned foreign trade transformation and upgrading of enterprises, expand Bangladesh market confidence. 

Shenzhen beautiful group (China) co., LTD. (China) has set up a factory in Bangladesh to produce wig products in 2013. At present, there are more than 3,000 employees in the factory, with annual turnover of more than 50 million us dollars.Liu sheng, President of the company, came to the exhibition site to find out the products and understand the development trend of the industry.Lead vocal said made more than ten years of foreign trade, international exhibition is promoting China's enterprises, help enterprises to go out the best time, encourage domestic enterprises to go out now, for the enterprise to participate in such international exhibition provides all kinds of support, including money. 

However, there are opportunities and risks in foreign markets. Chinese entrepreneurs have a clear understanding of this.Zhang zixiang, general manager of zhejiang shaoxing zhongzhi trading co., LTD., said that there is a significant increase in garment orders in Bangladesh and the demand for fabrics is increasing, but the competition is fierce and the price is low.On the one hand, international buyers keep down the price of clothing. On the other hand, domestic labor costs are increasing, environmental pressure is tightened, and the cost of printing and dyeing factories is rising, which is bound to increase prices.Therefore, in terms of their own enterprises, to avoid risks, they are afraid to take special orders. 

Chinese textile enterprises are actively participating in the exhibition, and also brought fire to local Chinese restaurants and Chinese catering culture.Bamboo porch catering co., LTD., executive director of the local Chinese enterprises Feng Xiaorong, said during the exhibition Chinese restaurant business is very good, as the Chinese restaurant in Bangladesh business for many years, the restaurant rooms had been booked out.Local five-star hotels have also launched china-themed food programs to attract Chinese guests. 

The garment industry is one of the most important economic pillars in Bangladesh, with 4.4 million people employed, 80 per cent of whom are women.Bangladesh's industry minister, amir hossein amu, said at the opening ceremony of the exhibition that Bangladesh's garment exports were $28 billion in fy2015-2016 and could reach $50 billion by 2021.