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    WTO&Nbsp; Report: Taiwan'S Textile Industry Continues To Decline.

    2010/7/23 9:24:00 54

    Textile Industry

    The World Trade Organization (WTO), a report on the Taiwan trade system, said

    The labor

    Taiwan's once powerful textile and garment industry showed a continuous downward trend as costs rose.


    The study emphasized Taiwan textiles and

    clothing

    Exports account for only 4% of Taiwan's total merchandise exports, down from 5.6% in 2005.


    WTO's trade economists believe that higher costs seriously affect clothing.

    industry

    In addition, the restrictive global quota system ended in 2005, which led to more intense competition in the export market.


    Pressure has led manufacturers to shift labour intensive production outside the island, such as textile and clothing production to China and other Asian countries.


    However, in order to enhance competitiveness, Taiwan's textile industry pays more attention to R & D, innovation and design, and tries to adjust its structure to produce products of higher value.


    Supplement: China pulp and Paper Association dehydrating equipment Specialized Committee, China Industrial Textile Industry Association paper textile branch recently held the annual technical exchange annual meeting in Shanghai in 2010.


    Li Lingshen, vice director and Secretary General of China Textile Industry Association, said that the association will work with the ministries, industry clusters and professional branches of the state to address problems existing in the industry and provide more information exchange and services.

    At present, the association has formulated the "12th Five-Year" with the state, and further clearly will vigorously promote the application of industrial textiles in agriculture, pportation, construction, medical treatment, and many other fields.

    Swiss monofilament company, Li Bao technology company, Jiangsu Jin Ye engineering company, Xuzhou industrial factory and other enterprises have carried on the thesis communication.

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