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Apparel prices to quota markets post faster growth

24 Oct '06
1 min read

In January-August 2006, the unit price of China's apparel exported to the world posted a modest rise but prices of the products exported to US and EU showed a relatively faster growth, according to China's Customs.

In the first eight months, China exported 18.9 billion pieces (sets) clothing (including knitwear and woven clothes) to the world, raising 23.5 percent, and the average price promoting 8 percent in general.

The unit prices to the markets under quota control climbed up, with the average prices to US and EU advancing 26.5 percent and 22.9 percent respectively.

A widespread growth was seen in the country's textile and apparel export.

Guangdong's export accumulated to US $22.04 billion, marking an increase over 60 percent in export, becoming the province with fastest export growth in China.

Fibre2fashion, News Desk - China

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