Structural Changes in the World Textile Industry

摘要

The world textile industry has seen fundamental changes in the past decades which are mainly associated with two major developments: First, the integration of the textile sector into the general framework of the WTO in 1994 after more than 40 years initiated the termination of the traditional quota-regime by the end of 2008. Second, the gradual opening up of the Chinese economy since the early '80s and at a later stage the formal integration of China into the framework of the WTO at the end of 2001 accelerated the process what is generally known as globalisation.