YUEXIU REIT(0405)
FAQ

Playing a guiding role of price monitoring, grasping the development trend of the apparel industry

 
    In the afternoon on 11 April, Zhang Haiyan, Secretary-general of the Liutong Branch of the China National Textile and Apparel Council, convened and presided over the product price sentinel surveillance and index development forum for the apparel niche market in the conference room of our Company on 8th floor of Victory Plaza. Xia Lingmin, Vice-president of the China National Textile and Apparel Council and President of the Liutong Branch, attended the meeting and delivered an important speech. Liu Zhenhai and Tan Jianguang, Director and Deputy Director of the Economic and Trade Bureau of Yuexiu District, Guangzhou respectively, Lai Qiushou and Cheng Jiuzhou, Chairman and General Manager of the Guangzhou White Horse Apparel Market respectively, persons in charge of major apparel markets in Liuhua District and representatives of some tenants attended the forum.
        The atmosphere of the meeting was warm and the results achieved were remarkable. The attending representatives fully expressed their opinions and conducted in-depth discussions on key and difficult issues such as sample selection and information gathering and finally reached a consensus on apparel classification, sample enterprise selection, submission indicators and submission basis and method. Major markets such as Guangzhou White Horse Apparel Market, Hong Mian International Clothing Market and Yima Fashion Clothing Wholesale Market were selected as “price sentinel surveillance markets for the textile and apparel industry in China and the compilation and submission of statistical information was initiated in May. Huang Qiuquan, Deputy General Manager of our Company, introduced the efforts and relevant exploration made by the Company in White Horse index study in the recent two years, which were highly emphasized and recognized by leaders from the China National Textile and Apparel Council and the participating experts.
        It is reported that the China National Textile and Apparel Council will devote full efforts to driving the efforts in product price monitoring and index development for the apparel niche market so as to better understand the operation of the apparel niche market, accurately grasp the relationship of production, supply and sales between the sales of the niche market and the upstream of the industry, play the important role of guiding production by niche markets and promoting circulation and guiding consumption. The forum on niche markets in Guangzhou was an important station for specialized research of the China National Textile and Apparel Council.


At the site of the forum


Xia Lingmin, President, was delivering a speech


Liu Zhenhai, Director of the Economic and Trade Bureau of Yuexiu District, was delivering a speech


Cheng Jiuzhou, General Manager of White Horse Company, was delivering a speech


The representative of tenants in the White Horse Apparel Market was delivering a speech