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With China’s accession to the WTO and the demise of MFA,the global industrial network of textiles and garments has undergone accelerated reconstruction.In order to meet the challenges of various forms of trade friction of developed countries and other low-cost challenges of developing countries and less developed countries,overseas investment by China’s textile industry has become an important strategic choice.Using statistical data,field research and expert interviews,this paper analyzes the characteristics of the overseas investment of Chinese textile enterprises,analyzes the difficulties and challenges faced by textile and garment enterprises,and puts forward the overseas investment guidance strategy for Chinese textile enterprises.In order to progress smoothly,China’s textile and garment enterprises should develop according to international business operation needs.In the “going out” process,enterprises must fully assess the risk and adopt good preventive measures,so as to optimally allocate international and domestic resources.
With China’s accession to the WTO and the demise of MFA, the global industrial network of textiles and garments has undergone accelerated reconstruction. In order to meet the challenges of various forms of trade friction of developed countries and other low-cost challenges of developing countries and less developed countries, overseas investment by China’s textile industry has become an important strategic choice .Using statistical data, field research and expert interviews, this paper analyzes the characteristics of the overseas investment of Chinese textile enterprises, analyzes the difficulties and challenges faced by textile and garment enterprises, and puts forward the overseas investment guidance strategy for Chinese textile enterprises. In order to progress smoothly, China’s textile and garment enterprises should develop according to international business operation needs. In the “going out” the risk and adopt good preventive measures, so as to optima lly allocate international and domestic resources.