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Ministry Of Commerce: Be Alert To The Pressure Brought By The Appreciation Of The Currency To The Textile Industry.
The United States House of Representatives passed a bill.
In accordance with the bill, the United States
Ministry of Commerce
Under the specific conditions, it is entitled to levy the countervailing duty as the export subsidy.
Despite the fact that the bill can finally rise to law, there are still variables. However, the atmosphere and pressure of appreciation of local currency is enough to arouse our attention and vigilance.
According to the survey, our export enterprises are right.
RMB
The tolerance limit for appreciation is generally less than 2%.
Textile and clothing
The proportion of export industries such as light industry shoes and hats is below 2%, accounting for 44.5%.
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