•Following the removal of textile quotas among WTO members from 2005, China and the US agreed on the re-imposition of quotas from 1 January 2006 through 31 December 2008, covering a total of 21 groups involving 34 categories of textile and clothing products, which expired on 1 January 2009. Textile and clothing shipments to the US made on or after 1 January 2009 are therefore no longer subject to any quotas. Likewise, the EU’s regime of double checking surveillance system was expired on 31 December 2008. Accordingly, starting 1 January 2009, textile and clothing products originating in China no longer require any import licence or surveillance document before entering the EU.
•Under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the mainland has given all products of Hong Kong origin, including clothing items, tariff-free treatment starting from 1 January 2006. According to the stipulated procedures, products which have no existing CEPA rules of origin will enjoy tariff-free treatment upon applications by local manufacturers and upon the CEPA rule of origins being agreed and met.
•Hong Kong clothing companies are reputable for ODM and OEM production. They are able to deliver quality clothing articles in short lead time, as foreign importers and retailers request clothing suppliers to tighten up supply chain management to ensure the ordered merchandise reaching the store floor at the right time. Increasingly, Hong Kong clothing companies, the established ones in particular, have shown enthusiasm for brand promotion.
•Hong Kong’s total exports of clothing grew year-on-year by 8% in the first four months of 2011, when re-exports of clothing increased by 9% and domestic exports were up 1%. During January-April 2011, Hong Kong's clothing exports to the EU and US, the two largest markets that accounted for more than two-thirds of the total, rose by 2% and 4% respectively.
To read the full version, please click here