Opportunities, Challenges And Countermensures For China's Textile Industry In Post-Quota

Textile industry in China, the world number one textile exporter, is her traditional industry with strong international competitive advantage and highly dependence on the international market at the same time. According to , the removal on quota from Jan 1,2005 should signal the birth of free trading time in textile field. However, China's textile products have met Special Safeguard Clause treatment in both the United States and Euro market, which seems testify the estimation that non-tariff barriers will be more commonly used in textile trade in the future. This essay, on the basis of analysis on China's textile industry in post-quota era, points out that in the new era China's textile exporting will expect both opportunities and challenges and summarizes the countermeasures for China's textile industry accordingly from the aspects of government, industry and enterprises.