10 categories of terry towel export quantity arrangements

 

Chinese Ministry of Commerce announced on the 15th of the 2005-2007 China-EU exports of 10 categories of terry towel quantity arrangements, officials said that the Ministry is currently developing on export volume allocation rules.

This arrangement is based on the number of CEIBS 11th morning signed "on the part of Chinese terry towels and clothing exports to the EU Memorandum of Understanding" on the make.

According to the "Memorandum", the EU's commitment to China from cotton, T-shirts, pullovers, trousers, blouses, sheets, women dresses, bras, tablecloths, linen yarn 10 categories of terry towels to terminate the investigation. The two sides agreed in 2008 before full liberalization of the terry towel market, with the 10 categories of terry towel reasonably determine the base, according to a certain growth rate determines the number of Chinese exports to Europe.

In the latest number of arrangements, in which the two sides of nine terry towel exports in April 2004 to March 2005 as the basis of calculation, depending on the species, according to the growth rate of 8 to 12.5% ​​per year, ranging from the recently determined export volume for three years. And flax yarn to calculate base period March 2004 to February 2005.

In 10 kinds of terry towels, pullovers, pants and blouses of the lowest growth rate in the June 11, 2005 to the end of 8% in 2006 and 2007 were increased to 10%. The sheets and tablecloths set at an annual rate of 12.5%.

Expert Institute of Economic Research of the Ministry of Commerce International Trade Cooperation Mei Xinyu believes that, overall, the program is more reasonable for both parties. The number of arrangements, China and the EU exports in determining a reasonable base to the first quarter of this year after the elimination of quotas into consideration, in addition, the growth rate is set higher than the 7.5% originally proposed by the EU set limits on the amplitude.

Shanghai Dragon (Group) Co., Ltd. General Manager Huang Chun-hsiang learned in the number of months to arrange, he said he finally had a reassurance. He said that currently the company has a customer in Europe, there are 300 000 men's shirt orders per month, but due to fear of safeguard restrictions imposed by the EU on China, only customers with their monthly contract.

"Now finally the peace of mind of some, although still not fully liberalized market, but exports of uncertainty after all, is greatly reduced, we can take this number to arrange to talk to the customers to sign long-term contracts." Wong Kwan-cheung said.

As Huang Xiang are the same, experts of national plans and Reform Commission Zhang Yansheng, Academy of Macroeconomic Research Development also put the current number arrangement as a "limited win." Zhang Yansheng believes that the current arrangements in the number of base period setting arrangements and growth for most Chinese terry towel enterprises is a big blow. He said that Chinese terry towel enterprises has formed a very large production capacity, according to how the current number of arrangements to establish a reasonable and transparent allocation mechanism to prevent rent-seeking phenomenon, the government authorities will be a great challenge .

Also, experts generally believe that the signing of the memorandum does not mean that China's terry towel exports were now smooth sailing, Chinese terry towels into the international market may also encounter a series of problems, such as technical barriers, anti-dumping protection and so on. Experts suggest that Chinese terry towel export enterprises to speed up technological progress, improve value-added products.

In April, the European Commission initiated a survey of more than 10 kinds of restrictions on Chinese terry towel products based on China's WTO accession "242" clause, and on May 27 decision from Chinese flax yarn and T-shirts to make a formal request for consultations . June 11, China and the EU after 10 hours of negotiations, the final agreement, signed a memorandum.


Terry Towel Manufacturers, Tea Towel Wholesale,
Microfiber Towels Manufacturers , www.terrytowelmanufacturers.com