The Pros and Cons of Cloth Vs Disposable Diapers
The textile quotas were abolished among WTO members on the beginning of 2005 in conformity of the Agreement on Textiles and Clothing (ATC). However, opposition to the removal of quotas grew across the US and the EU. Then, China reached agreements with the EU as well as the US in the months of June and November 2005, respectively. The China-US agreement, which took effect beginning in January 2006, governs the exports of of 21 groups that comprise 34 different categories of Chinese textiles and clothing to the US in the period 2006-2008. The China-EU agreement, which came into effect since June 2005 includes the 10 main categories that comprise Chinese exports of textiles and clothing to the EU in 2005-2007.
On the other hand, both the mainland as well as Hong Kong agreed in October 2005 to further open the market on the mainland to Hong Kong companies under the third stage of Mainland as well as Hong Kong Closer Economic Partnership Arrangement (CEPA III). In addition to other goods of Hong Kong origin, the mainland agreed to provide any product from Hong Kong origin, including clothing items, a tariff-free treatment beginning on January 1, 2006. In accordance with the procedures outlined those products, which do not meet the current CEPA regulations of origin are eligible for tariff-free treatment on requests from local producers and subject to the CEPA rule of origin being met and agreed upon.
Hong Kong clothing companies are well-known for their ODM or OEM production. They can deliver high-quality clothing items in a very short time frames, since retailers and importers from abroad demand clothing manufacturers to strengthen the management of supply chains to ensure the merchandise ordered is on the floor of the store in the correct time. More and more demon slayer clothing, Hong Kong clothing companies and established ones especially have expressed passion for branding promotion.
The total volume of Hong Kong’s exports of clothing increased year-on-year by 9.9% during the first 11 months of the year. Although Hong Kong’s reexports of clothing increased by 20%, its domestic exports decreased by 14 percent. In the first 11 months of the year 2005 Hong Kong’s exports of clothing towards Europe, the US and EU were up by 11 percent and 18%, respectively. While Hong Kong’s exports of clothing to Japan have slowed, those towards the Chinese mainland slowed by 11%.Industry DescriptionThe clothing industry is one of the major manufacturing sectors in Hong Kong. Its output gross is among the largest of all manufacturing industries which was HK$35.9 billion during 2003. It is the most significant production employer within Hong Kong, with 1,673 establishments employing 28,752 workers at the end of June. It also is the top producer exports to the domestic market, making 40 percent of total exports during the first 11 months of 2005.
The geographical boundaries of Hong Kong have never impeded the growth of the forward-looking fashion industry. Most clothing companies have established offshore production facilities as a way to cut expenses. The move of manufacturing facilities offshore has led to decreasing the number of manufacturers of clothing located in Hong Kong.
Hong Kong is not only a major production center, but also a major hub for global clothing supply. Companies that deal in clothing within Hong Kong are experienced in purchasing fabrics sales and marketing, logistical arrangements, quality control as well as clothing designs, laws and laws. The professionalism they display and the services they provide can’t be found elsewhere. With 15190 establishments employing 95,889 people They are the biggest group that is involved in the import-export trade within Hong Kong.