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India eyes higher footwear exports
| EU's anti-dumping duty on Chinese, Vietnamese products acts as trigger. |
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| The commerce ministry is working on an action plan to increase the country's footwear exports in order to take advantage of a recent decision by the European Union to impose anti-dumping duty on footwear from China and Vietnam. |
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| The EU had on October 5 imposed anti-dumping duties of 9.7 per cent and 16.5 per cent on Chinese leather footwear and of 10 per cent on similar products from Vietnam. The duties will remain in force for two years. |
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| The anti-dumping duties on Chinese and Vietnamese footwear has created a huge opportunity for India. Nearly 63 per cent of our leather footwear exports is to the European Union, while just 12 per cent of the exports is to the US, which is the fastest growing market in the world. We need to focus on this market and on mass consumption of footwear, which has been China's strength,?Minister of State for Commerce Jairam Ramesh said. India mostly caters to the $15-20 segment of footwear, while China focuses on the $4-8 market, he said. | | ....... details>> |
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New Year's Day, the Spring Festival approaches fabric bags strong sales momentum Now the New Year, the Spring Festival is approaching the two festivals, as well as migrant workers and students return home flow. the flow of increasingly close relatives, except for essential travel bags sales in the textile market is rising daily. Sales form of a hit, and the textile fabrics market, as sales of fabric colored fabric bags has been rising correspondingly. In recent days a new record high this year! ?????????????????,???????????????,????????????According to recent weakness of the transaction varieties of fabric, specifications, those diseases, Liang, colorful and attractive cloth bags. Manufacturers around the popularity of the bags welcome. ????????????????????????,??????????“?”?????A nest, Tigray and hundreds of small tabby organized a big variety of colors and designs. Mr market trends across the several "reform" cloth bags. ??,??????????????,??????????,????????????????Among them, cotton, polyester-cotton fabrics are more popular intertwined, the entire cotton products as raw materials. Selection tabby in cotton weaving from the plane. ???PE???,??????????????????????????PE coating on the fabric, its fine texture, durable and easy to win advantages fade consumers favor. ?????????63??,???????????????????????????Most of its 63-inch fabric width, special colors to black, dark gray, red, green, dark blue, the color most popular coffee. ??????????????????????,?????????????????????It is not only the production of handbags, satchel, the students benefit fabric bags, and also produced an ordinary box, Tourism backpack popular fabric. ?????????:Several popular varieties : 1????????:(1)??300x300?600x300?600x600?900x900?1200x1200??????,???;(2)??:840?1680?1x1?2x2;(3)????300x200,400x200,600x300????PVC??????1, using Oxford series : (1) wire 300x300,600x300. 600x600,900x900,1200x1200 Dual monochrome tweed, Latin profile; (2) : Filament 840,1680,1x1,2x2; (3) missile filament twist 300x200. 400x200,600x300 PVC foam can be more than 437. 2????????????????????????,??????????????????????2, convex Kam Jacquard weave cloth with a delicate sheen soft, waterproof such advantages Ms. Enhances products produced bags is anxious mixing pets. :?????????120D;??????DTY100D????,??????????????????120D; using bright artificial silk : silk weft wire network using polyester DTY100D Comb. Jacquard Loom in use on the Shuttle pieces. ??????????, ?????????????.Comb as rayon and application of the black-and-white jacquard better visual effect. 3?????????????????,??????????, ??????????,????????????, ??????,????????,?????????????3, Oxford cloth fabric design and Tigray, a unique process, highlighting the positive Glen strong sense of three-dimensional, Fabric has become the most prominent site, while also using negative coating, waterproof stronger, better draping advantages Fashion bags are producing good material. 4????:??????,??????,???????????????????4 Checks : fabric lattice clear, very enjoyable, the fabrics, modern, artistic, draping into one. ????????,????????????,??????????????????????After coating on the fabric dyeing, vertical emotional strong, waterproof such advantages Enhances product is manufactured bags of pet female fashion and fashion. ??????160cm,?????300???,????????4.50?/??The fabric width of 160cm, weighing about 300 kilograms per meter, the market price of 4.50 yuan /? approved Unbleached. ????????DTY300D???, ????????,????(?????)?????Latitudinal DTY300D polyester used as raw materials, weaving technology used Tigray. in sprinkler Organization (leading with Dobby) pieces........ details>> |
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Zhejiang bags face the pressure of rising costs
This reporter recently interviewed in the second phase of Yiwu International Trade City and other market, Many business operators in the traditional markets "should stand" operating outside its own initiative, the exhibition expand networks and other modes of operation, and they caught a lot of opportunities.
????????????????????????,???????????????????International Trade City in the second phase has two new fixed pitch Gong told reporters. After graduating from the exhibition and networking was a good way to winning the business. ???,4???????????,?????????,????????,?????????,???????????????,???????????He said that four years ago to set up a bag companies, which specialize in production of aluminum alloy bags, and soon a registered trademark, products sold in domestic and international markets in Europe and the United States have very high market share, brand higher visibility. ???????,?????????????,???????????????This is the kind of future, in addition to the booths waiting for the market traders, mainly relying on the Internet to take orders and the exhibitor.
????“???”?,??????4??????????????????????,????????????,???????????4?????In last year's "justice Expo", Gong became acquainted with the new four from Iran and Australia. Germany and the new business, signed a container orders, which amount to over 40,000 German businessmen single dollar. ??,??????????????Since then, several businessmen have become his old clients. ????????,????????He also intends to go abroad to Germany to attend the exhibition.
????????????????????“??”?Gong e-commerce network is also a new business in the past two years "red line." 3??,????????,?????????????????,?????????Three years ago, he to join the World Resources Network, and soon to become the Alibaba Web-Site Senior suppliers, built their own websites. ??7??????????,????3??????????,??????????????,?????????Obtain the right to operate import and export in July last year, he arranged a three English six more staff, use their own websites directly in e-commerce, foreign trade orders come frequently.
??????????????,????,?????????????????,???????????????Apart from the exhibition and e-commerce take orders, out of commercial spaces. to take the initiative in justice and foreign trade agencies which have many, many business operators as well as the expansion of sales problems.
??????????????????,????????,????????????In the international trade center and small appliances Hong Xiao told reporters that such a huge market in Yiwu. find cause inconvenience to foreign goods. ??,????????????????????????,????????????????,??????????????So, like many business are beginning to selectively pick on the new products, more acquainted with the initiative of the communication business, and winning a lot of orders from the tap. (????)(Jinhua Express)
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?Trade pacts come under spotli STAKEHOLDERS in the agricultural sector are set to discuss Economic Partnership Agreements (EPAs) and their impact on agriculture trade policy at the forthcoming Eastern and Southern African (ESA) awareness conference which opened yesterday.
"African, Caribbean and Pacific (ACP) countries are negotiating for EPAs aimed at defining the future trade and economic relations between the EU and regional blocs such as ESA, when the Cotonou Agreement expires in 2007," Community Technology Development Trust director Mr Andrew Mushita told New Ziana.
The Cotonou Agreement was signed in June 2000 and replaced the various Lome Conventions, through which the ACP countries accessed EU markets for almost three decades.
EPAs negotiations started in September 2002 and are supposed to be concluded by end of 2007.
The negotiations came in the wake of complaints from non-ACP countries in 1994 that the preferential and non-reciprocal trade that existed between ACP and EU countries was not in accordance with the World Trade Organisation (WTO) rules.
Thereafter, the WTO ruled the Lome Convention was in contravention of WTO rules citing the unfair advantage given to ACP countries.
Mr Mushita said the ACP and European Commission had since agreed that the overall objective of EPAs is to help in the sustainable development of ACP countries, their smooth and gradual integration into the global economy and eradication of poverty.
Many ACP activists are, however, unhappy with the fact that EPAs treat all countries as economic equals and remove the preferential, nonreciprocal treatment envisaged by the Lome Agreement.
The EPAs demand that ACP countries remover 90 percent of their tariffs in order to gain market access to the EU. — New Ziana. ....... details>> |
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Economy not all that's threate
All eyes will be on the U.S. House of Representatives this week, as an up or down vote on the Central American Free Trade Agreement-Dominican Republic comes down to the wire.
Touted by the Bush administration as a panacea for ailing trade here and abroad -- as well as foreign labor conditions, corruption and poverty -- the agreement has nonetheless faced an uphill climb in Congress.
The Senate, last week, passed the agreement by a slim margin, 54-45, and opponents are hoping the House will defeat it -- if even by a slimmer margin.
It is obvious to us, despite the administration's claims otherwise, the agreement will do little to nothing for U.S. agriculture. It will open our markets even wider to cheap imports produced by cheap labor and will offer U.S. producers impoverished foreign markets in return.
Even more disturbing is the administration's willingness to ultimately turn over control to a quasi-judicial entity as it agrees to have trade disputes decided by an international tribunal.
Why should control of U.S trade with these five Central American countries and the Dominican Republic lie with any entity other than our own government? Besides, haven't we had enough trouble with a like set-up under the North American Free Trade Agreement?
CAFTA-DR's threat to U.S. agriculture and our nation's economy is one thing; its threat to U.S. sovereignty is quite another. We urge Congressmen to take that threat seriously and prevent the Bush administration from signing it away in this gross contradiction of "free trade." ....... details>> |
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Roche to increase plastic bag
The Minister for the Environment, Dick Roche, is to increase the levy on plastic shopping bags to 22 cent per bag in the next couple of months.
Mr Roche told RTé News this afternoon that he will increase the levy to the maximum amount possible without having to introduce new legislation.
Earlier, the Irish Business Against Litter lobby group called for the levy to be doubled to 30c.
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Following the latest survey by IBAL, the Minister rejected a call for a litter commissioner to be appointed.
The survey found 30 areas of Dublin that are categorised as either black spots or seriously littered.
IBAL says the 15c plastic bag levy that was introduced four years ago has lost its shock value. ....... details>> |
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Bag man
You probably remember that the failed president will be in town for a couple of hours Wednesday to be a bag man for A$a at a private fund-raiser at Joe Kleine's house (we heard David Bazzel say Jennings Osborne was in on the affair, too.) Bush will try to wrap some glory of the people who actually peformed well during Hurricane Katrina around himself by giving an award to a Sherwood woman, Joy Cameron, who ran a feeding program in NLR for storm evacuees.
If, instead of "The Stranger," Bush would read The New Yorker, the New York Times, the LA Times, the Times-Picayune or just about any other news outlet about the dire state of affairs in New Orleans and the Mississippi Gulf Coast, he would be ashamed of himself. He'd want to wear a bag over his head to A$a's fund-raiser, too. But perhaps attendees will be among the 31 percent who approve of Bush's work during the hurricane. If so, they must really hate the people of New Orleans ....... details>> |
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China to invest US$60 bln to r
BEIJING, Aug. 28 (Xinhua) -- The Chinese government has announced that it will invest nearly 60 billion U.S. dollars to reduce the country's notorious industrial accident rate over the next five years.
In its first ever five-year plan on workplace security, the government said it would reduce the death rate per 100 million yuan (12.5 million U.S. dollar) of gross domestic product from 0.70 last year to 0.45 in 2010.
The accident death rate of every 100,000 employees is set to drop from 3.85 last year to 2.8 in 2010 in mining sector and other industries.
The State Administration of Work Safety said the plan aims to reduce the number of accidents with more than ten deaths by at least 20 percent. China reported 73 such cases last year.
The total sum of 467.4 billion yuan (58.6 billion US dollars) to be invested in the future five years will go to nine safety projects including coal mine accident prevention, which is the top priority task in the five-year layout on work safety.
In recent ten years, coal mine accidents account for 58 percent of the serious accidents where over 30 people died. Official figures show that 371 people died in China's coal mine accidents with more than ten deaths in the first seven months.
With the huge investment, China plans to do more training on safety production, monitor potential accidents and encourage reporting of illegal behavior.
The government aims to solve problems of poor production conditions, frequent accidents, and low level of management in small coal mines within three years.
A monitoring system would be launched to supervise over possible safety accidents, according to the plan. More efforts would be made to improve management and supervision over non-coal mines, dangerous chemicals and fireworks. Fire control in places with high population is also strengthened.
Besides, the government would launch registration on dangers at work and reinforce fights against such cases.
Driven by economic interests, some local governments have turned a blind eye to safety problems in factories and coal mines. The country faces increasingly severe safety problems.
Last year, about 127,000 people in China died in workplace accidents and there were 17 incidents with death tolls exceeding 30. The plan says work safety should be included in the economic and social development program and in the evaluation of local officials. Enditem ....... details>> |
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?Best Buy to open first outlet Best Buy to open first outlet in China
SHANGHAI, China - China's overcrowded consumer electronics market will get yet a new dose of competition when U.S. retailer Best Buy opens its first outlet in China, likely by year-end.
Best Buy Co. is teaming up with local partner Jiangsu Five Star Appliance Co., China's No. 4 appliance and consumer electronics retailer, in opening a store in Shanghai's busy Xujiahui shopping district.
"We will open the first store hopefully toward the end of the year by December," Robert Willett, chief executive officer of a Best Buy unit called Best Buy International, told reporters Tuesday.
"But we're only going to open when it's right," he said. "This is not a race."
Best Buy, the biggest U.S. consumer electronics retailer, is only one of scores of foreign retailers taking advantage of a lifting of limits on foreign competition to try to woo consumers in the world's biggest potential market.
Despite intense local competition in the lower segments of the market, foreign brands dominate in malls and shopping centers aimed at the country's fast-growing middle class, who are able and willing to pay a bit more for better service and quality.
Best Buy, based in Richfield, Minn., announced in May that it paid $180 million for a majority stake in Jiangsu Five Star, giving it an immediate presence in Asia's fastest growing market.
China is also one of Asia's most saturated markets, where appliance retailers and manufacturers compete amid brutal price wars and rampant piracy of technology and brand names.
And as foreign retailers like Best Buy and Wal-Mart Stores Inc. make inroads into their home territory, local retailers are fighting back. China's No. 1 consumer electronics retailer, Gome Electrical Appliances Holding Ltd. made an offer in July to buy Hong Kong-listed China Paradise Electronics Retail Ltd., the country's third largest seller of electric appliances.
Best Buy is concentrating on researching the market and recruiting and training staff before making its next move in China.
"We are still learning about this marketplace," Willett said. "The Chinese consumer is pretty unforgiving if we get it wrong."
Market research shows Chinese consumers are spoiled for choice, facing a bewildering array of products in almost every area.
But appliance outlets are often dingy, smoke-filled malls with dusty displays chock-a-block with substandard products. And free after-service or installation is virtually nonexistent.
Willett hopes Best Buy will win over picky Chinese customers with pleasant outlets and helpful, dependable service.
"Best Buy is very much about service," he said. "When we sell something we make you a promise that it will work, we'll warrantee it and teach you how it works."
The company is not alone in attempting to win an edge over local competitors with a more positive shopping experience. In July, Motorola Inc. opened a slick new flagship store, in the same building in Xujiahui where Best Buy's outlet will be, where shoppers can try out all features and accessories on its cell phones and other products — not an option in the typical Chinese electronics bazaar.
Best Buy, which has outlets in Canada, is looking beyond North American and China to other markets, Willett said. But he denied reports the company was discussing potential acquisitions as it mulls further overseas expansion beyond Canada and China.
"We are looking at other countries, though I'm not going to talk about which ones," he said. "We're not in talks with anyone today about buying anything today." ....... details>> |
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