Textile Clothing Export Orders Face Loss Risk

It is understood that after the entry into force of the agreement, compared with TPP member countries, the vast majority of China's textile and apparel products can not enjoy preferential treatment in the market of TPP member countries. The larger tariff gap will cause Chinese textile and apparel products to be at a price disadvantage in the market.

Compared with Vietnam, China and Vietnam are the top countries in the export tariff rate of textile and apparel to TPP member countries, and the tax gap between the two countries is relatively small.

In 2014, the weighted tax rates for Chinese textile and clothing exports to TPP member countries were 8.3% and 10.8% respectively, while Vietnam was 8.1% and 10.1% respectively.

After the entry into force of the agreement, if the rules of origin are met, the tariff rates on textile and clothing exported to Vietnam by TPP members, such as the US and Canada, will be reduced to zero.

This means that the same products of the two countries compete in the region, and Vietnam's textile and clothing products will be less than 10% cheaper than China's.

It is understood that TPP member countries are an important region of China's textile and clothing exports, accounting for nearly 40% of China's textile and clothing exports.

Among the Member States, there are two largest export markets of China's textile and apparel, the United States and Japan, and two Vietnam and Malaysia countries that rely heavily on China's textile industry, but the export competitiveness of their garment industry is rising. The liberalization of textile and garment trade within TPP members will profoundly affect the Chinese textile industry.

From the Chinese point of view, TPP member countries are important purchasing countries in China's textile and apparel industry. The overall change of export orders in China is vulnerable to changes in the order purchase of these countries, especially the United States, Japan and

The three countries, whose orders account for 29% of the total foreign orders of China's textile and apparel industry, will certainly have adverse effects on the order of TPP.

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From the perspective of Member States, the proportion of China's textile and clothing imports in the United States and Japan is 39.5% and 62.8% respectively, which means that if the Chinese textile and apparel market can not maintain the existing market position in the US and Japanese markets, such a high proportion of market share is facing the risk of being replaced by other countries, especially Vietnam and Malaysia.

As for the scale of order loss, due to China

With the advantages of a sound industrial chain and the advantages of supporting industries, it is still difficult for other countries to shake up in the short term. In addition, the size of the TPP textile industry is smaller than that of China in the short term. In the short term, China's textile industry is less affected by TPP, and the scale of the loss of orders is correspondingly smaller.

Sai Di think tank believes that in the long run, the textile industry can be more replicable and lower industrial barriers. The international advantages of a country's textile industry will ultimately depend largely on the cost of the elements, the advantages of raw materials and the status of the international market, and China's advantages in the market of TPP member countries are continuously losing.