The American Apparel & Footwear Association (AAFA) and the China Chamber of Commerce for Import and Export of Textiles and Apparel (CCCT) have signed a memorandum of understanding to better understand what is happening in the apparel and textile industries in China. Through this MoU, AAFA can help its members and US policy makers understand what is happening with the industry in China. AAFA feels the US/China trade relationship will grow in importance in the coming years, with manufactured and design fashion products flowing in both directions.
CCCT is looking at strengthening trade and investment ties with the United States through the partnership. The agreement will facilitate the exchange of trade and investment information between the AAFA and the CCCT. AAFA says it will create a forum to address issues of concern including product safety, labeling, retail and intellectual property.
China is the top supplier of both footwear and apparel to the US market. Nearly 40 per cent of all apparels imported into the United States come from China, and 80 per cent of the footwear sold in US stores is manufactured in China. AAFA represents more than 1,000 world famous brands. It is the voice of the US apparel and footwear industry, its management and shareholders.
