The China Textile Import and Export Chamber of Commerce issued a 3 day warning of price risk of European exports. In the first 5 months of this year, the export price of EU products in 8 categories of bilateral monitoring in China and EU decreased to varying degrees. Among them, the export prices of 5 categories, 7 categories and 26 categories were relatively large, and they mainly concentrated in cities such as Guangdong, Guangxi, Jiangxi, Xinjiang, Fujian and Heilongjiang.

The chamber said that such a phenomenon may lead to the EU's anti-dumping investigations on Chinese textiles, and it will also affect the further abolition of regulatory measures next year.

Low prices, European enterprises will be re qualified

The responsible person of the China Textile Import and Export Chamber of Commerce said that the export prices of some categories of textiles exported to Europe declined. Apart from quotas, product structure and other factors, the export prices of individual enterprises were not high enough to be concerned.

He said: "the decline in export prices is likely to cause anti-dumping investigations by the European Union on my products, which will have an extremely serious impact on the garment industry."

The chamber of Commerce said that it will closely follow the export prices of European exports, and will report to the public on the low price enterprises, and will re examine its European credentials.

Since the abolition of quotas this year, the trend of China's EU textile and garment exports continues to rise.

Statistics show that in the month of 1~5 this year, China exported $12 billion 632 million to the 27 countries of the European Union, which increased by 35.42% compared with the same period last year. The growth rate increased by 2 percentage points over 1~4 months, 11 percentage points higher than that of the same period last year.

EU or adopt market protection measures

Since the abolition of textile quotas in December 31, 2007, China and the EU have agreed to double monitor the 8 categories of T-shirts and other products since January 1, 2008, that is, the EU's import and export licenses for the Chinese authorities can achieve the purpose of monitoring the import volume.

In this regard, Ma Xinzheng, deputy editor in chief of the first textile network, said that the EU would not agree to cancel the regulatory measures in December 31st, and may even take market protection measures in terms of the number of imports surged.

Ma Xinzheng said: "the current textile trade relationship between the EU and China is not ideal, and there are more and more signs of tightening restrictions on China's textile and clothing exports to Europe."