China boosts ties with Mekong nations in textile, apparel
China will step up cooperation with five Mekong countries, namely Vietnam, Cambodia, Laos, Thailand and Myanmar, in the field of textile and apparel, according to the China National Textile and Apparel Council (CNTAC).
A factory of the Phu Hoa An Textile Garment JSC in Phu Bai Industrial Park of Vietnam's Thua Thien-Hue province (Photo: VNA)Hanoi (VNA) - China will step up cooperation with five Mekong countries, namely Vietnam, Cambodia, Laos, Thailand and Myanmar, in the field of textile and apparel, according to the China National Textile and Apparel Council (CNTAC).
More efforts will be made to strengthen trade and investment interaction and improve cooperation mechanisms, so as to deepen the integration of industrial chains, including clothing, yarn and textile equipment, said the CNTAC.
CNTAC Vice President Xu Yingxin said since the launch of the Lancang-Mekong cooperation mechanism, export-import of textiles and apparel between China and the five Mekong countries has grown steadily with expanding investment scale.
Last year, China’s export-import of textiles and apparel with the five Mekong countries reached 29.79 billion USD, accounting for 9.6 percent of China's total trade in the sector.
Xu said cooperation between China and the Mekong countries will be more diversified in the future, including in high-end areas.
At the Lancang-Mekong Cooperation Textile and Apparel Summit held in east China's Suzhou city, a textile and garment industry dialogue mechanism was officially launched in a bid to promote collaboration./.
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