Abstract
With the trend of globalization and integration of regional economy, it is important to devise methods to enhance China’s actual strength in textiles and garments industry. ASEAN’s rapid growth in textiles and garments in recent years has becoming a threat to our country. The establishment of China-ASEAN Free Trade Area brings great opportunities together with challenges to both China and ASEAN members. Under this background, it is necessary to study competition and cooperation between both sides in textiles and garments industry. By using export similarity index, trade diversion and trade creation and labor cost, this paper will make an analysis of competition between China and ASEAN countries, think up some countermeasures and forecast cooperation between both parties, so as to achieve win-win with ASEAN in textiles and garments industry within the CAFTA.
【Keywords】Textiles and Garments Industry;Competition and Cooperation;
Export Similarity;Trade Diversion and Trade Creation