China'S Eastern Silk Market: Strive To Build Suzhou'S First "100 Billion Market"

According to the National Bureau of statistics, 2009

According to the statistics of the Statistics Department of the National Bureau of statistics, in 2009, there were 4687 commodity trading markets in the country, with a turnover of 57963 trillion and 800 billion yuan, an increase of 2.6% and 10.5% respectively over the previous year.

Among them, there are 3407 professional markets, with a turnover of 46222 trillion and 600 billion yuan, accounting for 72.7% and 79.7% of the total market share, respectively. The 2009 annual turnover of China's Oriental Silk Market ranks first in the national fabric and textile market, and has won five consecutive championships.

According to the information released by the China business statistics society and the China National Business Information Center, China's Eastern Silk Market, Zhejiang Shaoxing China Light Textile City and Xinhua market trade have been awarded the ten largest fabric and textile market in the country. China's Eastern Silk Market ranks 63 billion 7 million at the top of the list, and the second to 10 paction volume is less than 40 billion yuan.

Cheung Kwok Keung, deputy director of the CPC's Working Committee of the Eastern Silk Market and director of the management committee, told reporters that with the support of a strong textile industrial cluster, China's Oriental silk market has maintained a trend of rapid rise and prosperity, and has more potential to develop than other textile professional markets.

In recent years, textile enterprises in Shengze continuously carry out equipment renewal, technological pformation and new product development. The products of the market are constantly enriched, the proportion of finished products and the proportion of direct exports are increasing year by year, and the number of foreign buyers is increasing. The superiority of products and the advantages of good faith management in China's Eastern Silk Market are unmatched by other trade oriented professional markets.

As a mature market, the preferential policies and incentives for China's Eastern Silk Market are also unmatched by other emerging markets.

From 1 to July this year, China's Eastern Silk Market achieved sales of 32 billion 503 million yuan, an increase of 13.7% over the same period last year, and the inflow of funds was 125 billion 870 million yuan, an increase of 29.78% over the same period last year. 580 new businesses, new registered capital of 540 million 780 thousand yuan, freight volume of 585777 tons, nearly doubled compared with the same period last year, and warehousing revenue growth of nearly 40%, and continue to maintain the leading position in the national textile market.

Cheung Kwok Keung said that China's Eastern Silk Market has become a well-known textile distribution center and information collection and distribution base at home and abroad. In the future, it will continue to increase effective input, increase industrial production and market increments, further create fine products and brands, improve the technological content and added value of textile products, further improve service functions, occupy market segments, increase the proportion of direct exports and finished products pactions, further develop e-commerce and expand online pactions.

We should take advantage of the advantages and preferential policies of the market, actively inviting investment, and strive to achieve a turnover of more than 100 billion yuan by 2012, and build Suzhou's first professional market of over 100 billion yuan.