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Introduction

Established in 1988, the Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) is named at the same time “Textile Industry Chamber of Commerce, China Chamber of International Commerce ” and “Textile International Trade Promotion Center”, which belongs to China National Textile & Apparel Council (CNTAC). CCPIT TEX is under the leadership of China Council for the Promotion of International Trade (CCPIT) and China National Textile & Apparel Council (CNTAC). After its establishment , CCPIT TEX is devoted to the promotion of trade contact and economic cooperation in textile and garment industry and enterprises, CCPIT TEX is doing all the best for the continuous development of the textile industry.

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China Agrees to Eliminate Certain Industrial Subsidies

Source: Globecot Date: 2007-12-05

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China has agreed to eliminate 12 subsidy programs for domestic industries by January 1, 2008. The U.S., in turn, will suspend its WTO case against China over these subsidies, and will formally withdraw the case when the programs are officially abolished. The full details of the12 subsidy programs to be eliminated have not yet been released but are believed to include a wide spectrum of industries.