ACLE returns to boost China trade
The All China Leather Exhibition (ACLE) returns to Shanghai August 31 – September 2 and aims to boost China’s leather industry. It will be the first live event since 2019.
Read More...The All China Leather Exhibition (ACLE) returns to Shanghai August 31 – September 2 and aims to boost China’s leather industry. It will be the first live event since 2019.
Read More...China’s luxury goods market finished 2021 with double-digit growth and sector expected to recover to pre-pandemic levels by 2023, according to analysis from Bain Consultancy.
Read More...Retail sales of consumer goods in China reached CNY3.858 trillion (US$587 billion) in October, up 4.3% compared with the same month in 2019.
Read More...As consumers in China have more purchasing power, there has been a shift from importing raw materials, such as hides, toward importing meat, dairy, and other value-added products.
Read More...Despite Covid-19 disrupting China’s beef imports in 2020 and creating uncertainty for beef imports in the near future, these imports are forecast to reach a record 2.7 million tonnes in 2021, up 4% over 2020, but lower than previously forecast due to the domestic economic slowdown as a result of the pandemic.
Read More...The automotive tier-1 technology company, Faurecia has entered into a 50-50 joint venture with one of China’s largest automotive manufacturers, BAIC.
Read More...The French automotive seating and parts manufacturer has announced a new joint venture with China’s Changchun Xuyang Industry. Both companies already collaborate on seating and interiors.
Read More...As the outbreak of the deadly virus COVID-19 is expected to badly impact China’s growth in the first quarter, China’s Ministry of Finance has announced a series of measures and tax reductions, including on imports of U.S. hides, leather and chemical products.
Read More...Official representatives from both countries are to meet in Washington once again around mid-October, shortly before China’s Communist Party is to hold its fourth plenary session of the 19th Central Committee later in the month, when it is expected that the Chinese government will prioritise the manufacturing sector in its forthcoming policies.
Read More...Speaking during the China Leather Exhibition (ACLE), Chen Zhanguang, Secretary General of the China Leather Industry Association (CLIA), outlined the challenges and opportunities the domestic leather industry faces, with intensification of trade protectionism, the Sino-U.S. trade frictions and a rapid development of textile and synthetic materials putting greater pressure on the import and export of China’s leather industry.
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