China's textile export value is expected to hit US$116 billion this year despite increasing trade disputes, said sources with the China Textile Industry Association.

That figure would represent a 19.21 percent jump from last year's export volume, which stood at US$97.3 billion in 2004.

The source attributed the increasing export volume to investment in fixed assets and technological advances during the country's 10th Five-Year Guidelines (2001-2005) period which have enhanced the competitiveness of the industry.

(Shanghai Daily December 1, 2005)