Strong in textiles through innovation IBUonline is a B2B foreign trade platform which has helped many China suppliers

and international buyers to complete foreign trade. IBU has conducted surveys on textile suppliers who expressed that technology innovation helped them to survive. Despite rising costs and fierce competition from Southeast Asia, a Hong Kong-invested textile company in Zhanjiang is still confident about business growth due to its persistent pursuit of technical innovation and strong support from the local government. Chung Charm Textiles Ltd, a subsidiary of Central Textiles (Hong Kong) Ltd, is celebrating its 20th anniversary this year in the coastal city in South Chinas Guangdong province. We are happy with our relationship with Zhanjiang government. We have received vigorous backing, said Woo Pat-nie, director of Central Textiles. For example, thanks to the power supply bureau, our factories have run into far less outages than other textile factories in the Pearl River Delta, avoiding possible losses of 1 million yuan ($163,000) a day. Woo added that the two factories at Chung Charm Textiles in Zhanjiang enjoy low staff turnover because most are long-term locals. With direct air service between Hong Kong and Zhanjiang resuming on Aug 2 offering four flights a week, its more convenient for Woos company to transport the yarn from its Zhanjiang factories to its fabric facility in Hong Kong. Zhanjiangs ice-free, deep-sea port also facilitates freight transport. About 70 percent of the cloth produced by Central Textiles is for export, mainly to the United States and Japan. The companys clients include Levis, GAP, Timberland, Marks&Spencer, American Eagle and Abercrombie&Fitch. IBU stated that now foreign trade is going down a bit. Only innovation and reform can help China suppliers to survive and go through the difficult time.