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)
