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New textile export management measures to determine quota

14
Mar '07
To determine the eligibility of quota and other areas, the Ministry of Commerce recently amended the "textile export management measures".

The new "textile export management measures" will play a positive role in promoting the exports of textile enterprises in 2007.

The first measure of textile quotas will replace advertised bidding in place of agreement bidding. Some quotas will also be rewarded to the enterprises which will export with in import limits set by the country.

The second measure is to increase the social responsibility of the company; this will prove helpful in enhancing the competitiveness within China's textile industry as a whole and promote the export of textile products.

Fibre2fashion News Desk - China


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