Home breadcru News breadcru Textile Market Trends breadcru Textile industry benefits most after entry to WTO

Textile industry benefits most after entry to WTO

12 Dec '06
2 min read

A typical example is that, from April 2003 to March 2004, EU launched anti-dumping investigation on China's chemical fiber cloth. Finally, 56 textile enterprises responded, of which, 26 companies received market economy status, and 45 -+obtained different duty rates. China basically maintained her market share in EU synthetic fiber cloth imports, due to the active response of Chinese enterprises.

After all, China signed three agreements on textiles before the accession to WTO, including anti-dumpling, countervailing provisions, special protection articles and special restriction on textiles. The original concessions have brought a lot of troubles to textile industry, as the anti-dumpling provisions will only expire by the end of 2016.

Fibre2fashion, News Desk - China

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!