There are many bright spots in the downturn of Shaoxing’s textile exports
According to statistics from Zhejiang Shaoxing Customs, in the first month of the new year, Shaoxing County’s total exports reached US$502.07 million, down 13.81% from the same period last year. However, Shaoxing County’s textile exports showed bright spots, especially the exports of innovative fabric companies’ products bucked the trend and strengthened.
It is understood that some Shaoxing textile companies committed to innovation have still achieved good export performance. Shaoxing Baofang Cotton and Linen Printing and Dyeing Co., Ltd. is one of the few printing and dyeing companies in Shaoxing County that masters wax printing technology. In the first month of the new year, the company has achieved an export volume of US$5.31 million. Zhejiang Caihongzhuang Printing and Dyeing Co., Ltd. has always been committed to independent innovation. In January, the company exported various fabric products worth 3.57 million US dollars, a significant increase compared with the same period last year. The person in charge of the Shaoxing County Foreign Trade and Economic Cooperation Bureau believes that many outstanding textile companies have enhanced their export competitiveness by actively developing new products, increasing product added value, saving production costs and other means, and have remained stable under the current sluggish economic situation. valuable export market.
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