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Wuxi speed to become global trade center of textile & fashion

Wuxi speed to become global trade center of textile & fashion

Write: Ceinwen [2011-05-20]

Wuxi"clothing dock" is grasping the opportunity of developing modern service industry to write new legend continuously. With the object of building global biggest textile & fashion specialized market, Wuxi new world international textile & fashion city hold global promotion news conference on May.13. The city is attracting the dealers fro home and overseas with its low management cost, good service and perfect logistic. This act is pushing Wuxi to become global textile & fashion trade center.

As the "magnate" of global textile & fashion market, the fashion town is ranked as"No.1 project" of Wuxi modern service industry as well as Wuxis key one between 2004 and 2005. The information from news conference show that the fashion town with total investment RMB4billion, 1.3million square meters, over 30000 planned textile & fashion booths is composed of fashion area, textile area, center business area and will gather home textile, fabric, accessory, industry textile, textile machinery and associate product from textile industry base from home and abroad, all of which meet the stock demand of global purchaser. Recently, the market area have already reached 0.8million square meters including 0.2million square meters finished, all of which get along passing the anticipated. Numerous favorable policies such as two-year free rent and free tax attract a group of dealers from Guangdong Fuming Fashion city and Shaqibeier to sign for cooperation.

The vice-mayor of Wuxi city Wu jianxuan show in local that Wuxi will offer good service to market construction. This year, Wuxi has invested RMB 1.1billion to reconstruct two important ways of South & North. The expanding of Wuxi airdrome whose throughput will increase from 1million to 4million is accelerated; the same is Wuxi station for Jinghu high speed railway is built near the market. All of which offer good opportunity to market development. In October, Wuxi will held China (Wuxi) textile & fashion fair in this town and will set fashion city as permanent fair venue.