Comparative Study Of Trade Of China And India Textile And Clothing Industry

In China, textile and clothing industry is one of the traditional industries which have a certain degree of comparative advantage and a strong international competitiveness. However, competitiveness is a dynamic concept, China's having an advantage does not mean that the advantage will be maintained and expanded. In India, the textile and clothing industry is also regarded as a traditional industry, it has become one of the major competitors of China's textile and clothing exports. Comparing the competitiveness between China and India's exports of textile and clothing industry has important practical significance for China to cope with the international challenges to achieve sustainable development.The paper analyzes the impact factor of export competitive advantage of China and India's textile and clothing industry on the basis of a more systematic comparision of the competitive adavantage of Chinese and Indian textile and clothing industry. Porter examined the key factors of the "diamond model", made in-depth comparativeanalysis on the aspects of Chinese and Indian production factor. This paper argues that, despite the competitiveness of Chinese textile and clothing industry is in general advantage, however, in comparision with India, China's labor costs, export price are at a competitive disadvantage; Compared with developed countries, the high-level ownership of factors of production, product value-added and technological innovation capacity of China and India needs to be strengthened. Therefore, this paper proposes to cultivate high-quatity workforce, to adjust the structure of export products, strengthen the R&D investment, and improve enterprise's technical equipment, and hopes that the China shifts from "big country" to "powerful country" in the textile industry as soon as possible.