KPL
(KPL/VNA) - The China National Textile and Apparel Council, the ASEAN Federation of Textile Industries (AFTEX), the Textile Council of Hong Kong (China), and the Hong Kong General Chamber of Textiles (HKGCOT) signed their first memorandum of understanding on cooperation at a ceremony in Hong Kong on March 21.
(KPL/VNA) - The China National Textile and
Apparel Council, the ASEAN Federation of Textile Industries (AFTEX), the
Textile Council of Hong Kong (China), and the Hong Kong General Chamber of
Textiles (HKGCOT) signed their first memorandum of understanding on cooperation
at a ceremony in Hong Kong on March 21.
Speaking at the event, Financial Secretary of
Hong Kong Paul Chan said ASEAN has become Hong Kong's second largest export
market after China. This is reshaping the industry division and supply chain
layout between ASEAN, China and Hong Kong.
Hong Kong hopes to create values for
enterprises and manufacturers in cross-border business by focusing on providing
efficient trade, expertise, logistics as well as other added value services, he
added.
AFTEX Chairman Albert Tan said that China is
the largest trading partner of the ASEAN textile industry, and many countries
depend on China's textile exports and wish to cooperate with this country and
Hong Kong.
According to him, ASEAN can cooperate with
China and Hong Kong in innovation and technology to improve productivity, while
China and Hong Kong can also promote export markets in ASEAN.
The signing of the MoU is an important
milestone, which will further promote trilateral cooperation in the fields of
trade, industrial development, information exchange and many other fields, he
stated.
KPL
