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China (International) Socks Exposition

Exhibits includes: all kinds of socks, auxiliary materials for sock making , sock knitting mechanism "Datang Socks" has developed into the largest sock manufacturing base throughout the world. Datang Town, thanks to the "Datang Socks", was titled "Celebrated Town in Socks" by National Textile Industry Association; Zhejiang Provincial Government honored "Datang Socks" as one of the ten biggest industries in the 21st century that enjoy the most dynamic developing potential; more than 18 towns and villages are under the radiation extension of the industry, where pool 10 thousand manufacturers, 100 thousand hosiery knitters of varied kinds and over 200 thousand  workers; it has witnessed an annual sock production volume of over 9 billion pairs, occupying 65% of domestic market share as well 35% of the world total amount. The products are well marketed in the international world.
 
In 2004, the sock industry saw an output value of RMB 19.1 billion and sales income of RMB 18.75 billion, of which the export value totals RMB 300 million, including RMB 156 million that was exported by enterprises themselves. The "Datang Light Textile & Socks City" built in 2001, as the window of "Datang Socks", witnessed a turnover of RMB 2.95 billion in 2004 to become the largest sock market in China. China (International) Socks Exposition has been held annually for successively six years since 1999. The turnover in the 2005 6th exposition was increased by 15% over that of the last year to reach RMB 1.91 billion; the orders for socks reached USD 30 million. The contracted project totaled 65, including 43 foreign-funded ones, the total investment was USD 239 million, with contracted foreign capital USD 142 million; domestic joint venture projects totaled 20, with total investment RMB 1.1 billion, in which RMB 1 billion was from outside the city. The investment projects also included 6 tertiary industry cooperative projects, with total investment RMB 646 million, in which RMB 555 million was from outside the city.
Background:

Shaoxing is the most advanced textile manufacture base of China, possessing over 300,000 sets of advanced shuttleless looms. China Textile City is one of the largest professional textile markets in the world, which has over 600 resident importers from more than 20 countries and regions and a customer flow volume of over 100,000 per day. Based on these facts, China Textile Exposition has been held for five sessions successfully, becoming one of the most important professional textile expositions in the country.

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