2020 Chinese Light Textile City Fair Closed For 14 Days

China's Textile City yard closed on January 17, 2020 (23rd of the lunar calendar) in the afternoon and closed at 8 a.m. on February 1st (the 8th day of the first month of the Chinese lunar calendar) for 14 days.

According to past practice, the traditional trading area of light textile city began to be closed in the afternoon of January 17th (23rd of the lunar calendar) in the afternoon of December. China's light textile city old market and Dongsheng Road market (including Dongshi Road boutique fabric market, Dongsheng Road woolen fabric market, Dongsheng Road knitted fabric Market), East market, joint market, market bridge trading area, north market 1 to 5 area, North six curtain fabric market, Tian Hui market, quality Plaza, Jinggong square, north seven district (lace, curtains, window curtain, wall cloth Market), North eight district (cotton blended fabric Market), light textile building, Southern District market, grey fabric market, stock market, cotton market and other traditional markets began to close in January 17th (December 23rd of the lunar calendar) afternoon.

It is understood that the rest time and the opening hours of the lunar calendar are basically the same as those in previous years. Up to now, merchants from all over the country will be leaving the country every day, but some of the textile trade companies outside the market, including the international trade area (Times Square), the China World Trade Center center, the world trade center, the world center, the Jinchang central business building and so on, will still be left behind in the operation of the company and the courier operation. It is estimated that they will have a holiday within two or three days of the eve of the Spring Festival.

In 2019, China's textile city group realized a turnover of 200 billion 30 million yuan, an increase of 10.61% over the same period, of which the fabric market turnover was 137 billion 917 million yuan, an increase of 13.61% over the same period last year. At the same time, the textile market realized 52 billion 659 million yuan in the online market, an increase of 25.26% over the same period last year. The two market transactions of the textile city "online and offline" amounted to 252 billion 689 million yuan.

Keqiao is the world's representative textile industry cluster and China's 100 billion textile industry cluster. It not only sets up a trading platform for nearly 1/4 textile products all over the world, but also constructs an exchange platform for the global textile economy. In the complex environment of foreign trade in 2019, the steady growth of China's light textile city can benefit from the goal of building the international textile capital in the new era, and take measures to accelerate the transformation and upgrading of China's textile city.