Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Textile Tools: Save | Print | E-mail | Most Read | Comment
New rules for EU exports
Adjust font size:

Three Chinese associations yesterday announced entry barriers for textile exporters to the European Union (EU) for next year, as the country tries to control the growth of exports and reduce trade friction with its major partner.


Companies in eight categories of textile products for export to the EU next year must have registered capital above 500,000 yuan, two consecutive years of EU exports and over US$10,000 worth of textile exports to the EU in the previous year.


The move is one of a series taken by China to maintain reasonable growth of textile exports to the EU, after the two sides reached an agreement on September 29 to set up a monitoring system for eight categories of Chinese textile products including T-shirts, pullovers and men's trousers.


The China Chamber of Commerce for the Import and Export of Textiles, the China National Textile and Apparel Council, and the China Association of Enterprises with Foreign Investment yesterday called on exporters to abide by laws and regulations, especially on intellectual property and environmental protection.


Exporters have also been urged to maintain order in the market and warned that any breach of the rules will attract a penalty.


Serge Abou, ambassador and head of the European Commission delegation to China, said he did not expect textile exports from China to increase dramatically next year.


"European and Chinese industries have learned to live together," he said yesterday in Beijing.


(China Daily October 18, 2007)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- Importers cautiously welcome EU-China textile agreement
- EU, China agree to end textile quotas
- Textile export move likely
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号