The 2016 Ordos International Cashmere Industry Exposition alongside a cashmere innovation conference concluded at the Ordos Modern Cashmere Industrial Park on Sept 29, 2016.

Fu Taizeng, vice president of Inner Mongolia, and many other local officials attended and addressed the opening ceremony in Ordos, Inner Mongolia Autonomous Region. More than 500 experts, entrepreneurs and researchers from China and aboard took part in the expo.

During the event, a series of activities, including an academic forum, a trading fair, and various exhibitions were organized and conducted.

A cashmere industry innovation forum was held during that time, focusing mainly on standardization, brand-building, and innovative utilization of the cashmere industry.

At the trade fair, cooperative contracts related to the purchase of raw materials, cashmere products, and e-commerce businesses, hit 1.54 billion yuan ($231 million) in total.

An exhibition of some brand-new cashmere clothing, an online creative dress contest, a display of wool craftsmanship pieces, and other various activities took place during the event.

The organizers announced the top 10 companies judged by their comprehensive competitiveness in cashmere field, and released the fashionable color and trend of this year.

Bai Yugang, secretary of the Ordos Party Committee, pointed out that as an emerging city in China, Ordos has been renowned for its cashmere industry, producing a third of the country's cashmere and one-fourth of the world's supply of the fabric. Through this expo, Ordos cashmere is expected to build up its international brand, and the attendants can further promote investment, collaboration, and innovation within the local cashmere industry.

Led by the China National Textile and Apparel Council, the expo was sponsored by China Textile Engineering Society, China Fashion and Color Association, Inner Mongolia Agriculture and Husbandry Bureau, the Ordos government, the Ordos Cashmere Group, and many other associations.