International News Express: Indonesia'S Fashion City, India Garment Export Target Is Difficult To Achieve

< p > < strong > world fashion organization intends to invest heavily in Indonesia to build a fashion city < /strong > /p >

< p > Indonesia's Ministry of industry claims that the The World Fashion Organization is interested in the construction of the fashion city in the Serpong area of Nandan, Wan tan.

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"P >" Euis Saedah ", chief executive of the Indonesian Ministry of industry and small and medium-sized industry, told reporters in Jakarta in February 15th that the Ministry of industry will invite the world fashion organization and the Indonesian fashion" a target= "_blank" href= "http://www.91se91.com/" designer "/a" to talk with the fashion enterprises Association (APPMI) in the near future to implement the investment plan in the near future, "Avis Shai Saedah said.

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Less than P, the fashion city construction project with an investment of about 2 billion dollars will promote the rapid growth of small and medium-sized industries this year.

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< p > Avis said that the rise of fashion a target= "_blank" href= "http://www.91se91.com/" > clothing "/a" industry will promote the growth of small and medium-sized industries.

This year, small and medium-sized industries are expected to grow by 8%, an increase of 7% over the third quarter of last year.

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P fashion apparel industry is booming in China and will have a positive impact on GDP growth.

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Last year, the fashion apparel industry made up to 164 megabytes or 28.66% of its gross domestic product (P).

The number increased slightly by 0.5% over the previous year to 147 megabit.

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< p > according to the statistics of the Central Bureau of statistics, the export of fashion apparel in Indonesia increased by 12.4% between 2007 and 2011, and the export destination market was the United States, Singapore, Germany, Hongkong and Australia.

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During the period from January to November 2012, the total export volume of fashion apparel industry reached US $12 billion 790 million, an increase of 0.5% over the same period of the previous year.

In addition, the fashion industry also employs 3 million 800 thousand workers.

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The trend of positive development of fashion apparel industry will continue and will contribute more to Indonesia's economic growth this year. < p >

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< p > < strong > in 2013, the intention of planting cotton in the United States decreased by 26.8% compared with 2012 < /strong > < /p >.

< p > American Cotton Association (NCC) released the preliminary cotton planting intention report in 2013 at the thirtieth annual conference held in Memphis. It is estimated that in 2013 the US cotton growers will only grow 9 million 10 thousand acres (54 million 690 thousand acres), down 26.8% compared with 2012.

Among them, 8 million 810 thousand acres (53 million 477 thousand mu) of Upland Cotton decreased by 27%, and the area of long staple cotton was 203 thousand acres (1 million 230 thousand acres), down 15%.

If the harvest rate in Southwest China is slightly higher than the average level, the average harvest area in other states will be 7 million 650 thousand acres (46 million 436 thousand acres), less than 15.2% of the planting area.

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< p > strong > slower market demand: India has difficulty in achieving the goal of garment export < /strong > /p >

< p > because the traditional market demand is slowing down, India may not be able to achieve the goal of garment export in the 2012-13 fiscal year of 18 billion dollars.

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A Sakthivel, chairman of the garment export promotion council (AEPC), said that in the financial year ended March 31, 2013, India's clothing exports were expected to remain at $14 billion, the same as last fiscal year, because the slowdown in western market demand.

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< p > for the current fiscal year, the India government has set a target of $18 billion for clothing exports.

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< p > in 2011-12, clothing exports in India increased by 18% to 14 billion US dollars over the same period last year.

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< p > in the first three quarters of this fiscal year, clothing exports decreased by 8.5% to 9 billion US dollars over the previous year.

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< p > from traditional experience, about 65% of India's ready-made garments are exported to the United States and Europe, and these markets are experiencing economic recession.

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< p > to reduce dependence on Western markets, India exporters are expanding their products to new markets by organizing roadshows and attending trade fairs.

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< p > India exporters have already received orders from some countries, such as Japan, Israel, South Africa and some South American countries.

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< p > in order to further improve clothing export, AEPC asked the government to reduce the import tariff of blended and chemical fiber less than a href= "http://www.91se91.com/news/index_s.asp" > fabric < /a > to 5%.

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