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Decline seen in Chinese textile export during 2015

Related Keywords: Africa, apply new technologies, business model, direct negative impact on textile exports, economic transformation, exports continued to decline last year, Japan and Europe, main textile export markets of China, positive growth in exports, retail sales revenues of clothing declined, sharp depreciation in yen and Euro, South Korea, United States

Japan and Europe have been China's main textile export markets due to sharp depreciation in yen and Euro had a direct negative impact on textile exports. China's textile and garment exports continued to decline last year, mainly due to the good performance in the previous year and exchange rate fluctuations, the Ministry of Industry and Information Technology said on Wednesday.

Pakistan vision 2025 to help boost textile exports

Related Keywords: economic transformation, enhance export, entrepreneurship development, Pakistan Vision 2025, policy measure, PTEA, Textile Exporters Association

Pakistan requires economic transformation for which the Vision 2025 was launched which will provide the base. The Vision 2025 is a road map designed to develop the country into economically strong and prosperous nation and enhance exports to USD 150 billion by 2025, according to Textile Exporters Association (PTEA).

Implementation of this long term development plan has the potential to put Pakistan on sustainable economic growth as well as improve its global competitiveness and bring prosperity to the country.

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