Analysis Of The Export Competitiveness: Textile And Clothing Of China

Textile and clothing industry has a comparative advantage in the global export trade for china. Low barriers to entry, labor-intensive, make the textile and clothing industry can not be ignored by the industrialized emerging economies.WTO signed the "Agreement on Textiles and Clothing" (ATC) confirm the " (Multi-fiber Arrangement, MFA)" to develop textile and clothing exports in 1995, China’s textile and clothing export potential energy savings was released. Since 2001, China joined the World Trade Organization China has been the world’s largest supplier of textiles and clothing. But in 2008, the U.S. subprime mortgage crisis caused the global financial crisis, the global economic downturn, and demand for textile and clothing exports dropped, also affect the development of China’s textile and clothing exports.This article describe the change of China’s position in the world textile export markets, research the changes of the structure of China’s textile and clothing export market, research the changes in the textile and clothing exports, and to evaluate the competitiveness of China’s textile and clothing exports. Then through the CMS method, which include quantitative factors affecting the textile and clothing exports, we evaluate the competitiveness of China’s textile and clothing exports which contribute to the growth rate of the textile and clothing exports. The main conclusions are as follows:(1) With the demise of global trade quotas and joining into the WTO, exports of China’s textile and clothing potential energy was released, China is rapidly becoming the world’s largest supplier of textile and clothing export market, and has an absolute advantage, but the trade frictions did not disappear, all kinds of trade barriers still restrict China’s textile and clothing exports. And competition of textiles and clothing exports increased in the market.(2) In China’s textile and clothing categories, SITC 84 clothing have a strong export competitiveness, followed by SITC 65, SITC 26 exports has weak competitiveness, trade competitiveness index is negative.(3) CMS divide export competitiveness factors into:structural effects, competitive effects and second-order effects. The quantitative analysis of the world textile imports describe competitive effects have the greatest impact on the changes of exports, followed by competitive effects. Specific instructions are negative shows that China’s textile and clothing export structure is not conducive to the increase of China’s textile and clothing exports.(4) CMS model also shows the impact of the financial crisis on China’s textile and clothing exports, the global economic recession is the most important factor in our country during the 2008-2009 which reduced export of the textile and clothing, the contribution rate is 90.04 percent.