Home >

Russia Hopes China Will Take An Active Part In Investment In Russian Textile And Garment Industry.

2011/11/22 17:22:00 20

Russian Textile And Garment Industry Investment

  

Russia

15, the chairman of the Federation of textile and light industry entrepreneurs, Fu Ming, said that China is the largest source country of imported textiles in Russia. Russia welcomes Chinese textile manufacturers to invest in Russia and run factories directly in Russia.

Spin

Product production.


Fu Ming, in the Moscow Beijing video link event held by Russian new agency on the same day, said the Russian government plans to increase the share of domestic textiles in the Russian market from the current 20%-25% to 50% by 2020.

To this end, the Russian government should increase investment in the domestic textile industry, strengthen domestic protection measures, and provide the domestic textile industry with

subsidy

At the same time, we should also attract foreign businessmen from China to invest in Russian factories.


Fu Ming said that at present, about 50% of the Russian light industry market is illegal "gray" imports.

In order to control the "grey" import of textiles, the Russian Ministry of industry and trade has set up an inter departmental Committee, which is responsible for regulating the Russian textile market and destroying the "grey" imported textiles confiscated.

In addition, Russia will also rectify its outdoor operations based on individual businesses.

market

We should intensify efforts to investigate corruption cases in the Customs Department.


In response to the author's question, Fu Ming said that China's labor costs are rising, while Russian light industry workers' salaries are quite low. Therefore, it is feasible for China to produce textiles in Russia.


 
  • Related reading

Russia Hopes China Will Take An Active Part In Investment In Russian Textile And Garment Industry.

Global Perspective
|
2011/11/22 17:08:00
11

EU Warns Consumers About Chinese Children'S Cotton Padded Clothes

Global Perspective
|
2011/11/22 15:23:00
10

Pakistan Hopes To Seize Market Share In India Home Textile Market.

Global Perspective
|
2011/11/22 10:55:00
18

In The Second Half Of This Fiscal Year, The Prospect Of India Pure Textile Enterprises Is Bleak.

Global Perspective
|
2011/11/22 10:53:00
22

Foreign Investment In Pakistan Fell By 58.4% In The First 4 Months Of This Fiscal Year.

Global Perspective
|
2011/11/21 8:58:00
5
Read the next article

Textile And Clothing: Brand Clothing Companies Concerned About Deterministic Growth

Textile sub sector: China's textile industry has a high degree of dependence on foreign countries, up to 40%, slowing external demand and shifting orders to Southeast Asian countries. China's textile enterprises are still facing high negative factors such as high labor costs and RMB appreciation, so the prosperity of China's textile industry will continue downward.