The minister of Business ministry-Boxilai show today that Chinese textile trade keep being increased by 6.5% annually after the sensitive period for new and old trade alternation. The textile industry involving over 1billion China worker and peasants directly and indirectly is thorough"peoples livelihood"industry.
It is in the third"Global textile economy forum"that Boxilai disclose above news. He show that globalization process can not be held back through establishing trade bulwark, who limit free trade is who waste resource.
Since the global textile quota is removed on January1 last year, US impose quota restriction on China textile, EU also threat to impose quota on China textile. For above, Boxilai restate today that China government oppose trade protectionism and maintain the legal rights and interests of China textile enterprise while be active to develop with other countries and areas on the basis of mutual benefit and double-win.
Boxilai show that as China traditional backbone industry as well as thorough "lively industry", textile industry contribute to the development of China economy and society as well as the global one. The statistic show that the direct employees in China textile industry is nearly 20million, 70% come from country. The natural fiber used in line is about 7300000ton, which can influence the life of 1billion peasant directly.
"For China a developing country with numerous have-not, its balance is held by textile industry which influence the employment, income and life of thousands low-income group."
He show that the development of China textile industry can benefit for global customers and craft brothers. "During the process of textile product manufacture and distribution, China enterprise can only gain less than 10% machining benefit because a great deal of market benefit associate with brad and marketing is shared by other countriesenterprise. The prosperous development of China textile not only provide a great deal of employment opportunities but also considerable profit for the enterprise in these countries."Said Boxilao by invoking Economist Morgans calculation.
