Innovation Comparative Advantage: A Study On Our Conntry's Testile Trade Strategy

Textile industry plays an extremely important role in our national economic system. With the distinctive advantages of speedy working fund, high labor-intensive and accelerating technology improvement, textile industry is greatly pushing on our country's economy to industrialize and modernize. It is the common feature of world textile industry that it has great relevance to other industries and is able to do structural adjustment. To accelerate the development of textile industry is an effective way to realize fully employment and to balance the international payment. With the continuing structural adjustment of world industry, especially under the restriction of WTO trade system, international market of textile is now experiencing a new reorganization and innovation. Improve of trade liberalization much exacerbates the poignancy and complication of international competition of textile industry. China's entry into WTO makes our country's textile industry fully exposed on the international market competition. According to the requirement of the ((Agreement of textile and costume)) (ATC) of WTO and China's promises to entry into WTO, our country's textile industry will face the restriction of a series of new trade barriers and competition disadvantages besides getting the "passport" of international market According to the variation rules of international market, innovation comparative advantage is the strategic base and basic direction of future development of our country's textile industry. The presentation of "innovation comparative advantage" not only provides a new consideration to the classic immovable comparative advantage theory, but also builds an important theoretic base for innovation of supply function of textile of our country. Thinking from the innovation of comparative advantage of our country's textile industry, combining with the features of international textile market competition in WTO times, we put forward that the innovation of comparative advantage of our country's textile industry is a twofold course of production element innovation and institutional innovation.