Breakthrough barriers | Myanmar textile market into the most potential new hot land, 2019 Myanmar textile exhibition ready to go

Release time:

2019-06-03

2019 Myanmar International Textile and Machinery Exhibition and Zhejiang International Trade (Myanmar) Exhibition From December 7th to 9th last year, the second Myanmar self-organized exhibition of China Textile City -2018 China Textile (Myanmar) Brand Exhibition was held at the Myanmar (Yangon) Convention Center. The exhibition covers an area of 3000 square meters, with 124 booths, and nearly 100 textile enterprises from China are organized to participate in the exhibition.

2019 Myanmar International Textile and Machinery Exhibition and Zhejiang International Trade (Myanmar) Exhibition
From December 7th to 9th last year, the second Myanmar self-organized exhibition of China Textile City -2018 China Textile (Myanmar) Brand Exhibition was held at the Myanmar (Yangon) Convention Center. The exhibition covers an area of 3000 square meters, with 124 booths, and nearly 100 textile enterprises from China are organized to participate in the exhibition.
This is the second Myanmar self-organized exhibition organized by China Textile City. In December 2017, the first Myanmar exhibition successfully landed in Yangon, becoming the first overseas self-organized exhibition of China Textile City. The exhibition has achieved gratifying results. During the exhibition, it attracted 11300 professional buyers from Myanmar and neighboring countries, with an intended turnover of nearly 50 million US dollars. The characteristic fabrics from China Textile City are generally welcomed by local buyers and foreign businessmen in Myanmar. To a certain extent, the exhibition has expanded the demand of Burmese businessmen for the diversity of fabric procurement. Many dealers who specialize in exporting fabrics to Myanmar have also actively joined the second Myanmar exhibition, looking forward to finding more Myanmar procurement needs at the exhibition.
The 2019 Myanmar exhibition will continue to be held as scheduled, providing more accurate market guidance and assistance for China Myanmar textile and garment trade, China Textile City and surrounding operators to open up overseas textile markets.

Exhibition time: December 6-8, 2019
Venue: Myanmar (Yangon) Convention Center (Myanmar Convention Center MCC)
Organizers: Zhejiang Provincial Department of Commerce, China Chamber of Commerce for Import and Export of Textiles
Co-organizers: Global Textile Network, Online Textile City, Shaoxing Yi Textile Exhibition Co., Ltd., Creation Strength Co.,Ltd (Myanmar Exhibition Company)
Organizers: Myanmar China Textile and Garment Association, Zhejiang China Textile City Group Co., Ltd., Zhejiang Sanbo Exhibition Co., Ltd.
Supporting units: Myanmar Yangon Provincial Government, Myanmar Ministry of Industry Textile Bureau, Myanmar Ministry of Hotel and Tourism, Myanmar Garment Industry Association, Myanmar-China Exchange and Cooperation Association, Shaoxing Keqiao District Commerce Bureau, Myanmar Chinese Enterprise Chamber of Commerce, Myanmar China-Hong Kong and Macao Friendship Association
Exhibition scale: 3000 square meters, estimated 160-200 9 square meters standard stalls
Exhibit classification: including clothing, fabrics, home textiles and other textile products and textile machinery

China-Myanmar Humanoid Economic Corridor

September 9, 2018 China Development and Reform Commission and Myanmar Ministry of Planning and Finance signed the Memorandum on China-Myanmar Economic Corridor

During the second Belt and Road Summit in April 2019, China and Myanmar signed the China-Myanmar Economic Corridor Cooperation Plan.

In addition, China and Myanmar will cooperate and strive to create a three-end support, three-legged cooperation pattern

Multi-member International Trade Organization Agreement

Myanmar has joined many international trade organizations and enjoys many trade preferences and policy protections.

Under the protection of a number of trade policies, Myanmar's overall trade situation has improved significantly in recent years, with rapid growth.The textile industry, in particular, has been at the forefront of trade exports.

Myanmar to Develop Economy

In recent years, Myanmar has made great efforts to develop its economy and put forward a number of preferential policies to facilitate the introduction of foreign investment and provide more convenience for foreign investment and trade in Myanmar.

Among them, with Yangon's Mandalay dual core, the country's multi-center development, Myanmar's overall investment economy is in a vigorous development stage.

Great location and huge market

Myanmar's geographical advantage is extremely obvious in Southeast Asia. China has sent two major rivers, the Irrawaddy River and the Salween River, which has rushed out a vast plain and delta for Myanmar. It is located at the intersection of China, India and Southeast Asia, and has a 3 billion consumer. The strategic significance of the crowd.

Under the influence of the Belt and Road policy, Myanmar's textile and garment manufacturing industry currently contributes about 10% of the country's total exports, and the country's market is also growing, with a target of total exports of up to US $12 billion by 2020. It can be described as the most potential new textile hot spot in Southeast Asia along the Belt and Road.