Industry Globalization Based on International Market Interview with Yankai Zhang, vice president of

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In late 1990s,China was actively prepared to join the World Trade Organization(WTO).As was the same with other manufacturing companies,there was no self-management import and export right for textile and garment enterprises and they were also limited to quota restriction.Therefore,textile export had to rely only on a few foreign trade companies.However,with the accelerated pace to WTO,the quota system was phased out accordingly for the textile industry that turned out with both opportunity and challenge:the opportunity of participating in international competition and the challenge of whether the products suit for global market. In late 1990s, China was actively prepared to join the World Trade Organization (WTO). As was the same with other manufacturing companies, there was no self-management import and export right for textile and garment enterprises and they were also limited .Therefore, textile export had to rely only on a few foreign trade companies. Host, with the accelerated pace to WTO, the quota system was phased out accordingly for the textile industry that turned out with both opportunity and challenge: the opportunity of participating in international competition and the challenge of whether the products suit for global market.
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