Hong Kong - A Leading Clothing Sourcing Globally

Abstract

Cancellation of textile quotas, the WTO members on the first day of the year 2005 under the Agreement of Textiles and Clothing). However, resistance to quota removal spread in the United States and the European Union. In addition, China signed an agreement with the European Union and the United States in June and November 2005. China and the United States set the agreement in January 2006 regarding the export of 21 groups with 34 categories of Chinese textiles and apparel in the United States in 2006-2008. China-EU agreement in June 2005, covers 10 categories of Chinese textile and clothing exports to the EU in the period 2005-2007.

On the other hand, agrees with the mainland and Hong Kong in October, in October 2005 for the company's market liberalization of the mainland and Hong Kong in the third phase of the Mainland and Hong Kong Closer Economic Partnership (third place). Approved by the mainland side by side with other products from Hong Kong and on all products in Hong Kong, including clothing, and exemptions from duties until 01/01/2006. In this procedure, each sequence of rules of origin will enjoy duty-free products after a visit from local producers and the rules of origin agreement agreed, and met.

Hong Kong is a leading OEM and ODM production of clothing. They are capable of high-clothes to stay for a short time, and foreign importers, retailers and suppliers and the demand for garment supply chain management to ensure smooth goods on the site to achieve a timely manner. Increasingly, Hong Kong and established clothing companies, in particular, have shown enthusiasm to promote the brand.

Hong Kong's total exports of clothing increased from year to year, ranging from 9% in the first 11 months of 2005. Although Hong Kong's re-export of clothing increased by 20%, and domestic exports decreased by 14%. During the first 11 months of 2005, apparel exports from Hong Kong to the United States and the European Union increased by 11% and 18%. Although garment exports in Hong Kong to the countryside of Japan, China hit by 11%.

Industrial Property

automotive industry is an important industrial sector in Hong Kong. This report is one of the highest among all industrial sectors, and to the Hong Kong 35900000000 $ in the year 2003. This is the largest industrial companies in Hong Kong in 1673 and the company employs 28 752 workers in June 2005. This is the bread in the case of primary exports with 40% of the total 11 months of the year 2005. (Related article : calypso clothing kids)

Geographical boundaries of Hong Kong does not limit opportunities for the development of the fashion industry. Clothing manufacturers manage most of its production facilities overseas in an effort to reduce operating costs. And transfer of production facilities resulted in a decrease in foreign countries settled a number of garment manufacturers in Hong Kong.

Hong Kong is not just a center of production, but also a central source of clothing all over the world. Clothing trading company in Hong Kong has something to do with experience in procurement agent, and costume design and sales and marketing, quality management and logistics services, international norms and national legislation. Professional, management and services that do not fit easily with other sites. With a total of 15190 95889 companies with staff, forming the largest group involved in import and export in Hong Kong.