ROK. When the EU and US released restriction policies the Dalian Association of Clothing Industry and large numbers of garment export companies reached another consensus - to vigorously forge the concept of "Dalian-made" and to eventually realize the goal of making "Dalian-made" a brand representing high quality in the international textile market.
Going global - market diversification is an effective way
Some textile companies that have overseas production bases were not worried on hearing the imposition of restrictions by the EU and US.
These companies are divided into two kinds. The first set up their plants in the targeted market, making it easy to surmount any trade barriers the EU and US may lay down. The second invest in a third country which produces raw material and where labor is cheap. Making use of the advantage in some countries where labor is even cheaper than in China and trade barriers laid down by the US and EU are fewer, they develop China? textile industry. The plant set up by Tianjin Textile Import and Export (Group) Corporation in Saipan has had orders full for the next two or three months.
Perfecting early warning mechanism - enhancing anti-dumping personnel training is a prerequisite
Compared with China? flourishing textile industry the EU and US textiles are not competitive and their prices are not comparable to those of Chinese products. The prices have provided them with pretext to launched anti-dumping investigations on Chinese products. If the Chinese textile firms either fail to respond promptly or cope with inappropriately they will fall victim to them.
Zhang Jinsheng, director of Shenzhen WTO Affairs Center, believes that companies should pay enough attention to relevant early warning information released by the government departments. Shenzhen WTO Affairs Center has issued industrial early warning information regarding the EU and US?launch of protection restrictions early in October last year through textile industrial associations and garment trade associations.
To compete successfully in the international market, paying attention to relevant early warning information is an important guarantee for the textile firms. Only by vigorously training anti-dumping personnel, perfecting anti-dumping early warning mechanism, paying attention to early warning information and evolving highly sensitive detection ability can they have the initiative in a crisis.
By People? Daily Online
