BEIJING, July 22,
2024 /PRNewswire/ -- A news report from
chinadaily.com.cn:
The 7th China (Ordos)
International Cashmere and Wool Exhibition, themed on Cashmere
Capital of the World, Winning Future by Quality, kicked off in
Dongsheng district of Ordos city – located in North China's Inner Mongolia autonomous region
– on July 19.
Spanning three days, the event welcomed over 242 international
and domestic exhibitors – along with 310 renowned domestic and
international buyers involved in cashmere processing and sales.
The event was divided into four main segments – a main
exhibition, the opening ceremony, industry-related activities and a
cashmere fashion show. It emphasized innovation in content,
participating companies, exhibition formats and the exhibition area
layout.
Covering an area of 20,000 square meters, the exhibition
featured six major zones – including raw cashmere and wool
materials, fabric and yarn, finished products, as well as equipment
and technology – providing a stage for enterprises to showcase
their new technologies, products and services.
Over 10 activities were held concurrently – including the
opening ceremonies for the French and the Italian pavilions, the
2024 China (Ordos) Cashmere Industry New Quality Productive Forces
Development Conference and the 2024 Cashmere Capital of the World
International Fashion Show.
At the opening ceremony, Erdenebileg, vice-mayor of Ordos city,
delivered a keynote speech highlighting the city's efforts in
revitalizing the local cashmere and wool industry in order to build
a world-class cashmere sector.
Erdenebileg noted that raw cashmere production in Ordos
accounted for 22 percent of China's output and 13 percent of global
output.
What's more, the city's finished cashmere product output
represents one-third of the country's total and a quarter of the
world's output, with the renowned Albas white cashmere – often
referred to as "soft gold" – being favored by prestigious global
brands.
During the opening period, the Inner Mongolia Autonomous Region
Cashmere Industry Development White Paper and the Ordos City Report
on Constructing a World-Class Cashmere Industry were officially
released.
In addition, the Ordos Agriculture and Animal Husbandry Industry
Fund – with a total fund of 3 billion
yuan ($410.96 million) – was
launched. It is mainly designed to support world-class cashmere
industry projects, rural vitalization, modern agriculture and
related industries.
At the cashmere industry new quality productive forces
development conference, the participants jointly explored new
strategies for the high-quality development of the cashmere and
wool sector. They included top businesspeople, industry experts,
academics, fashion icons and leading designers.
Overall, the event aimed to enhance the local industry's global
competitiveness and efficiency by boosting its development.
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SOURCE chinadaily.com.cn