In order to bring the textile and apparel sector of Guangdong Province back on track and also penetrate the markets of Commonwealth of Independent States (CIS), the Government of Fumen town, under the guidance of China National Textile and Apparel Council will organize China & Russia Textile Trade Summit 2008 in Fumen Dongguan City.

The textile and garment industry of the Province is going tough times owing to series of problems like RMB appreciation, decreased export rebate rates and rise in labor cost.

The theme for the conference is ¡®The current situation and foreground of Chinese products entering the market of the Commonwealth of Independent States¡¯. Hong Kong based Most Group, which has been trading with CIS for quite sometime, would guide the exporters of Guangdong in seizing the huge business opportunities in the CIS market.

After the summit concludes, officials of Most Group will lead the purchasers from CIS to visit local wholesale market which will help the delegates understand the functioning of textile and clothing sector of Fumen.