2007•Contemporary Economy & ManagementRequires access

The Comparative Advantage Trap in China's Textile Industry:Challenges and Countermeasures

Zhou Wei

Abstract

The related theory on comparative advantage and the comparative advantage trap is reviewed.The conspicuous questions about Chinese textile industry are pointed out.Through the way of independent innovation,technology innovation,cultivating brand,the competitiveness can be cultivated in Chinese textile industry.

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Key concepts: China, Trap (plumbing), Comparative advantage, Business, Textile, Industrial organization, Textile industry, Technology innovation