Dear readers

In October， the attention of the world textile players is drawn to Shanghai where there are four trade shows of internationally recognized weight and size ，embracing Yarn Expo， Intertextile， CHIC and PH Value （International Knitting Trade Fair） at one-stop rendezvous， a Four-in-One grand table d hote served on Oct. 13 - 15 in Autumn/ Winter edition， taking up-and-downstream sectors into a vertically-integrated value chain composition for buyers and sellers to meet and discuss business in an even bigger context of the industrial platform with a cross-boarder vision from fiber to fashion.

The four exhibitions add up to over 300，000 square meters in measured scale and over 6000 exhibitors in unmatched number， providing a wide spectrum of product portfolios and things of choices. This is， somehow， reflecting an impetus of need to marketing as the world economy recovers at a pace slower than expected， and the Chinese economy， now regarded by many as the powerhouse of the global growth， runs to a half-full throttle compared with its high gear rate years ago. The textile industry that was growing the fastest of all the economic sectors in China with respect to its production， investment， export and local consumption， has now inevitably run into a slow growth in the important economic indexes， but not into an appalling quagmire as some irresponsible media exaggerated in a groundless reporting that “the textile industry stuffed with over 170 million employees is faced with a domino effect to fall， an avalanche of businesses going bust， thousands and thousands of migrant workers leave posts for Spring Festival holidays ahead of the due time”.

The truth speaks louder than the rant and rave as we see a quite positive picture in the textile economic performance from January to August this year， except for a drop in the export regime that sees -1.6 percent in textiles and -6.4 percent in apparel . The investment rose 15.8 percent， 1.9 percentage point higher than the corresponding period last year while the apparel retail curved up to 10.5 percent， a minor up by 0.1 percentage point over the first 8 months last year， and the corporate profits amounted to 190.61 billion yuan from Jan. to July， up by 9.3 percent. Moreover， the on-site tour to 61 textile and apparel industrial clusters also found 2.1 million employments， 1.2 percentage point higher as against before.

We respect freedom of speech and recriminate the nonsense； especially a cock and bull story in some publications that just make a fuss on an ill- purposed ground that everything is going to the dogs in an assumptive scenario. Of course， we have often heard that business is hard now， which means weve got to think hard and work hard to be creative in new ways to respond to economic climate. When you see business people in hustle and bustle to walk about in this 300，000 square-meter exhibition， and an ocean of collections in the innovative products on display， you know the game just begins， on a leveled playing field for competition and for cooperation as well， that is two edges of a sword. Who is the game changer？