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China Chamber of Commerce for Import and Export of Textiles has released the bid result of export quotas on 21 categories of textiles to the United States next year.
Those members of the chamber of commerce can find the result from its Website.
Last week, 28,296 qualified textile enterprises in China joined the bidding for export quotas on 21 categories of textiles to the US next year.
The competition is very heated due to a half-year block on some kinds of products to the US, insiders said.
After seven rounds of talks, the US and China in November signed a three-year agreement on textile trade, imposing quotas on Chinese textile products but clearing a major obstacle to bilateral trade.
A total of 21 types of clothing and textiles have been placed under the import restrictions, including cotton trousers. The agreement provides for a progressive increase in imports of major textiles and apparel products from China -- by 10 to 15 percent in 2006, 12.5 to 16 percent in 2007, and 15 to 17 percent in 2008.
Thirty percent of the agreed quota next year will be distributed through public bids, said the Ministry of Commerce.
(Xinhua News Agency December 13, 2005)
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