Home / Knowledge / News / Textiles / Taiwanese textiles to benefit from FTA with China
Taiwanese textiles to benefit from FTA with China
28
Jun '10
Once the cross-border trade pact between China and Taiwan is signed later this month, share of 136 Taiwanese textile manufactured exported goods is expected to increase considerably in the Chinese market.

In the first round of the “early harvest list”, 136 textile goods from Taiwan and 22 from China have been included in the economic cooperation framework, which will attract preferential tariffs under the consensus reached by the two countries.

According to Huang Wei-chi, Secretary-General of the Taiwan Textile Federation (TTF), the 136 products account for 67 percent of Taiwanese textile exports to China. Textile exports from Taiwan to China averaged around US 2.8 billion between 2007 and 2009.

On Taiwanese textile imports, China currently imposes duties of 5 percent on chemical fibers and yarns, 10 percent on fabrics, and between 14-18 percent on clothing. On the other hand, Taiwan levies tariffs of less than 3 percent on chemical fibers and yarns and less than 10 percent on fabrics, which is lower than those imposed by China.

Speaking about the impact on the local industry of the 22 Chinese textile items which will receive preferential treatment, he said that since these products make up for just 10 percent of all Chinese textile imports, the effect will be minimal.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search