摘要
THOUGH Wenzhou’s garment industry is not as reliant on exports as that of the Pearl River Delta, the cold winds of the global fin ancial crisis are still felt keenly by local manufacturers, according to
THOUGH Wenzhou＇s garment industry is not as reliant on exports as that of the Pearl River Delta, the cold winds of the global financial crisis are still felt keenly by local manufacturers, according to Zheng Chen＇ai, chairman of the Wenzhou Fashion Association. He cited the extreme example of three closedowns within one day late last year in Ouhai District, a cluster of Western suit producers. Only few months later, in March, Wenzhou turned it around, with garment and accessory exports amounting to US $78.78 million, an increase of 32.26 percent over the same month last year and 114 percent over February 2009.
