Export Difficulties and Countermeasures of Chinese Textiles in Post Crisis Era
Liu Yao-fe
Abstract
Liu Yao-fe
Abstract
The textile industry is China's traditional industries, the textile is China's export competitiveness of strong product, however, affected by the 2008 international financial crisis, China's textile exports are facing severe challenges, mainly manifested as: the international market continued to shrink, trade barriers emerge in an endless stream, product level needs to be improved, the RMB exchange rate declining. To get rid of the plight of China's textile exports, and promote the healthy development of textile industry, the corresponding countermeasures are: strengthen the macro management,continue to expand export market; collective strength, and actively respond to trade barriers; to promote technological innovation, enhance value-added products; optimize the export structure, increase domestic consumption; the implementation of gradient transfer, promoting industrial transformation and upgrading.
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The textile industry is China's traditional industries, the textile is China's export competitiveness of strong product, however, affected by the 2008 international financial crisis, China's textile exports are facing severe challenges, mainly manifested as: the international market continued to shrink, trade barriers emerge in an endless stream, product level needs to be improved, the RMB exchange rate declining. To get rid of the plight of China's textile exports, and promote the healthy development of textile industry, the corresponding countermeasures are: strengthen the macro management,continue to expand export market; collective strength, and actively respond to trade barriers; to promote technological innovation, enhance value-added products; optimize the export structure, increase domestic consumption; the implementation of gradient transfer, promoting industrial transformation and upgrading.
Key concepts: Renminbi, China, Business, Product (mathematics), Exchange rate, Textile industry, Financial crisis, International market