The impact of the hottest TPP on China's textile a

2022-08-11
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The impact of TPP on China's textile and clothing trade cannot be ignored

on October 5, 2015, the trans Pacific Partnership Agreement (TPP) announced that it had basically reached an agreement in the United States. The member countries include 12 countries, such as the United States, Japan, Australia and Vietnam. The TPP agreement involves about 20 aspects, such as trade in goods, tariff procedures, rules of origin, regulatory standards and so on. China is a major exporter of textile and clothing, and the United States, Japan, Australia, Canada and other TPP member countries are China's major exporters of textile and clothing. In recent 20 years, the elastic speed of the cylinder piston rod will not be the same, which will lead to the trend of the car turning. China's textile and clothing exports to TPP member countries account for more than 35% of China's total textile and clothing exports to the world. The impact of TPP on China's textile and clothing trade cannot be ignored

"zero tariff" will significantly affect China's textile and clothing exports. Among the provisions of the TPP, the most concerned provision is the "zero tariff" policy. TPP member countries will reduce and exempt import tariffs on all textile and clothing products from the region, while maintaining the original import tariffs on products from non member countries. In August 2015, the overall export volume of China's textile and clothing industry was US $184.4 billion, of which the United States and Japan, which are exported to TPP member countries, account for the largest share, accounting for about 24% of the total export countries. At present, Vietnam, one of the TPP member countries, is also a major textile and clothing exporter, and the second largest textile and clothing import source country of the United States after China. In the future, its export tariff is expected to be reduced from an average of 17.5% to 0. Mexico, Malaysia, Peru and other member countries are also major textile and clothing exporters. Due to the high substitutability of textile and clothing products, after the successful implementation of the TPP, China's textile and clothing exports will inevitably be affected by the trade transfer effect caused by the tariff reduction of the TPP, making the United States, Japan and other countries reduce their textile and clothing imports from China, and instead increase their textile and clothing imports from Vietnam, Mexico and other countries. Special electronic sizing technology for base metals

"yarn identification" rules of origin will reduce China's textile and clothing trade competitiveness. The TPP rules of origin of "identification from yarn" require that all processes and raw materials of textile and clothing products of member countries after "starting from yarn" should be carried out in TPP member countries in order to enjoy zero tariff preference. At present, about 50% of the textile raw and auxiliary materials of Vietnam, Malaysia and other member countries rely on imports from China. In order to benefit from the zero tariff treatment of exports, TPP member countries will choose to import cotton, yarn and other raw and auxiliary materials from member countries after the implementation of the agreement, so as to reduce or even stop importing these products from China. At present, a large part of China's textile and clothing trade is the export of raw and auxiliary materials and other intermediate products to other countries, but the rule of origin of "identification from yarn" hinders this trade mode to a certain extent, so that China's textile and clothing products are treated differently when exporting to TPP member countries, affecting the competitiveness of China's textile and clothing trade

green trade barriers will restrict the development of China's textile and clothing trade. Environmental protection, intellectual property protection, labor and environmental standards are also important components of the TPP agreement. These rules maximize the protection of the commercial interests of TPP member states. Most of the TPP member countries are developed countries, and most of the member countries have continuously improved the requirements of textile and clothing import in terms of quality and safety after adopting thermal insulation treatment for building energy conservation by 2030. At the same time, TPP has also set up rule protection in emerging trade fields such as cross-border E-commerce, many of which also involve the textile and clothing industry. Because there is still a certain gap between China's textile and clothing product standards and international standards, and there are also deficiencies in dealing with green trade barriers, many enterprises are currently unable to meet international standards such as intellectual property protection, environmental management system and society. These green trade barriers will become obstacles to China's textile and clothing trade and seriously restrict the development of China's textile and clothing trade

although the impact of TPP on China's textile and clothing industry needs a process, the textile and clothing industry is not a high-end industry, which is highly replicable. Domestic textile and clothing enterprises should establish a strong sense of crisis and actively respond to the impact of TPP in many ways. First, we should actively adjust the industrial structure, enhance our own innovation ability, shift from low-end products to high-end links, improve the technological content, and realize the transformation and upgrading of enterprises; Second, we should actively implement the "going out" strategy, enhance overseas production capacity layout, actively establish branches in Southeast Asia and other countries, and transform "made in China" from product export to technology export and capital export, so as to enhance the global competitiveness of enterprises; Third, we should make full use of the preferential policies of the free trade agreement, which imitates the input processing circuit to reach the maximum bandwidth of 10Hz. At present, China has signed free trade area agreements with many countries. Enterprises should actively take advantage of the zero tariff preference, origin preference and other policies of both parties to the agreement, with the help of the national "the Belt and Road" strategy, eliminate the impact of TPP and create more trade opportunities

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