According to Chinese customs statistics, from January to September this year, China's cumulative exports of clothing (including clothing accessories) amounted to 121.67 billion US dollars, a year-on-year decrease of 9.3%. In September, exports reached 14.56 billion US dollars, a year-on-year decrease of 8.8%, which narrowed the decrease from 12.7% in the previous month. In addition, the total retail sales of consumer goods in China from January to September reached 34210.7 billion yuan, a year-on-year increase of 6.8%. Among them, the retail sales of clothing, shoes and hats, and needle textiles above the designated size reached 993.5 billion yuan, a year-on-year increase of 10.6%. The online retail sales of physical goods from January to September reached 9043.5 billion yuan, a year-on-year increase of 8.9%, with clothing products increasing by 9.6%. Overall, the clothing and apparel industry in China will face significant operational pressure in 2023. Affected by sluggish market demand, the industry's production and sales scale has declined, and overseas orders have continued to decline. However, at the same time, the overall stability of the domestic economy continues to advance, and the domestic market is gradually improving and showing a positive development trend.

In recent years, under the guidance of the "the Belt and Road" initiative and industrial policies, the textile and clothing industry has made remarkable achievements in innovative, green and high-quality development by actively promoting the "smart+" and "green+" strategies. At the recently concluded 2023 Central Work and Economic Conference, it was emphasized that next year we should persist in prioritizing stability while pursuing progress and constructing before destructing, leading the construction of a modern industrial system through technological innovation.

The 6th Shanghai International Hats, Scarves, Gloves Expo and the 6th Shanghai International Fashion Accessories Expo (referred to as the FAE 2024), jointly organized by the Shanghai Fashion Society, Shanghai Fashion Accessories Society Accessories Specialized Committee, and Shanghai Gehua Exhibition Service Co., Ltd., will be held from March 27 to 29, 2024 at the Shanghai World Expo Exhibition & Convention Center.

Scale upgrade, FAE2024's number of exhibitors and exhibition scale have reached a new high. Since its establishment in 2018, FAE has successfully held 5 consecutive sessions. FAE is the only B2B trade exhibition in this field in China. As the industry's first exhibition in 2024, FAE 2024 will further expand and upgrade, with a total area of 12,000 square meters, expected to attract about 250 exhibitors and 30000 professional visits to gather together. As of now, 15 major industrial clusters and groups have appeared in Jiaozhou, Wenling, Dongguan, Yangjiang, Yuhang, Tonglu, Deqing, Inner Mongolia, Xinji, Jiaxiang, Yiwu, Zhangjiagang, Nantong, Linyi, Yangzhou, etc. The full range of exhibits on site includes all kinds of cloth hats, straw hats, felt hats, leather hats, knitted hats, hat decorations, knitted/woven scarves, cashmere/wool scarves, silk scarves, shawls, necklaces, knitted gloves, leather gloves, sports gloves, functional gloves, raw and auxiliary materials, digital production equipment, e-commerce and supporting services, which run through the upstream, midstream and downstream of the industrial chain to meet the wearing needs of all people in the whole scene of sports, street style, girls, infants, outdoor, gifts, business, national style, warmth, sunscreen, etc. The strong exhibition scale not only comprehensively enhances the on-site experience of exhibitors and visitors, but also helps enterprises create an excellent place to exchange products, technology, and explore business opportunities.

FAE2024 will host multiple exciting concurrent events during the same period. In order to promote industry development, strengthen enterprise technological innovation and brand building, assist enterprises in developing domestic demand markets, and match more e-commerce resources, the multiple concurrent activities will be held simultaneously with FAE 2024 such as " Chinese Hats Fashion Trend Show 2025", "Shanghai Fashion Accessories E-commerce Products Matchmaking Meeting 2024 ", "Cross-border E-commerce Products Matchmaking Meeting 2024 ". With the development of the Internet and digital economy, e-commerce and traders have developed a set of procurement models and habits that conforms to the online business format. More hats, scarves and gloves companies will also expand their online sales channels or customer base to explore new markets and gain new business. Therefore, FAE 2024 will hold multiple e-commerce product matchmaking meetings, and it is expected to invite about 200 e-commerce companies to come and select products to help sock companies face this customer group directly.

In March Shanghai, the 6th Shanghai International Hats, Scarves, Gloves Expo and the 6th Shanghai International Fashion Accessories Expo will become a window for China's fashion accessories industry to build a new development pattern, an international platform to promote high-level openness, and pave a new path for global customers and businesses to open up, cooperate, innovate, and share. FAE 2024 will meet the needs of brand owners, manufacturers, import and export traders, e-commerce online merchants, retailers, and related industry groups for overseas trade, OEM, distribution and agency, brand cooperation, one piece shipping, intelligent upgrading, etc. It is an ideal business platform to connect networks, understand the industry, display products, trade orders, establish brand image, and consolidate industry position! To register for visits or learn more about relevant details, please log in to the official website (www.shgexpo.com) for more information.