Impact Of EU'S "Origin Label" On Chinese Textile Enterprises
Recently, there is news that the EU is brewing a bill of origin labeling system.
The EU's "origin label" system has a greater impact on Chinese textile enterprises.
According to the introduction, the so-called "origin label" exists.
Trade
Once the resolution is formally passed, it will continue to squeeze profits from Chinese textile enterprises and increase the difficulty of exporting Chinese textiles to Europe.
The EU market is a major area of China's textile and clothing export. If the EU enforce the textile and clothing origin identification, it will increase the production cost of textile and garment production enterprises, extend the customs clearance time at the ports of import countries, and may also lead to export textile and clothing products due to lack or non-standard designation of origin labels, which has been notified abroad or even returned.
But Feng Lei, an expert with the Institute of Finance and Trade Economics of the Chinese Academy of Social Sciences, though "
Country of origin
Labelling "may increase the difficulty and cost of exporting, but it is not necessarily a bad thing for Chinese textile enterprises."
stay
European Union
In the face of the standard of international competition pressure, China's textile enterprises need to improve their competitiveness and adjust their industry and product mix.
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