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Sewing equipment market of the Middle East |
from: post date: 2008-4-22 |
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Middle East market opportunities more recent years, China's trade with the Middle East region has developed rapidly. According to the Ministry of Commerce statistics, the bilateral trade in 2000 from 108 billion dollars in 2005 to nearly 39.7 billion US dollars with an average annual growth of about 30%. 2000, the mainland of China textile trade with the Middle East region is only 1.32 billion US dollars in 2005, an increase of 6.76 billion US dollars with an average annual growth of 19.5 per cent. For the comprehensive improvement of trade with the Middle East region the level of cooperation, the Chinese side proposed, strive to 2010, China's trade with the Middle East region reached more than 120 billion US dollars. Insiders pointed out that in recent years the countries in the Middle East garment industry has developed rapidly. The apparel industry has to absorb labor, less environmental pollution and low barriers to entry, have been gradually included in the countries of the Middle East to encourage the development of the industry. In addition, the least developed countries and the Middle East in the garment industry exports also received international policy preferences. In the Central Mediterranean free trade area under the framework of the European Union to Egypt, Morocco, Tunisia and other countries of the textile export tariff-free policy, and there is no quantitative restrictions. It is understood that the Middle East region's manufacturing base is very weak, sewing equipment products mainly rely on imports. Experts pointed out: "The Middle East possesses more than 20 countries, the annual trade volume reached 250 billion US dollars. Business opportunities in these countries to China and the Middle East countries of the region a high degree of complementarity between economic provide space, resources, industry, trade, market, highly complementary. Chinese enterprises should see in the Middle East garment industry and the development potential of their manufacturing advantage, and gradually accelerated into the pace of the market in this region. " |
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