Not long ago, a golden phoenix was ushered in the Shanghai International Home Textile Industrial Park, and the opening ceremony of the Canadian Textile (Shanghai) Business Center was held. Led by the Canadian Textile Group Center (GroupCTT), the Canadian Consul General in Shanghai Ge Shushan, the Canadian Minister of Industrial Textiles and Clothing Division Danis Glemon delivered a speech respectively, and the director of the Shanghai Yangpu District Government Economic Commission gave a congratulatory meeting. According to Ms. Ding Jiajun, Project Manager of the Canadian Textile Business Center, this is the first center of the Canadian textile industry in China and will serve as a platform for Sino-Canadian textile industry exchanges. Through this platform, Canadian exporters will be provided with a wide range of services to enter the Chinese market, and at the same time introduce the technology, products and services of Canadian textile companies to Chinese companies.
China's potential high-end market is the main driving force for attracting Canadian textile companies. When the textile industry in Europe and the United States regards their Chinese counterparts as dissidents and has appealed to their respective governments to set up various trade levels and thresholds, Canadian textile companies have turned their eyes to China. Statistics from Canada show that the Chinese textile market can catch up with the US within five years, and China is a $3 billion market opportunity for Canadian textile companies. According to a report by a Canadian professional research institute: many of the most promising markets are in China. As Chinese producers focus on mass production, they refuse to produce small orders and non-daily products to accommodate Chinese customers' demand for value-added textiles, technical textiles and small textiles. The Canadian side believes that technical textiles for geotextiles, protection, transportation and medicine will develop the fastest in China.
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