Abstract
Textile industry is the second largest export industry apart from Electronic Communication in China, with the dependence on export being up to 51%. Besides, the perpetual enlargement of the international market share is based on the advantage of labor cost and price. The high pressure of the RMB Appreciation has great influence on the textile export, weakens the competition of our country’s textile production in the international market and aggravates the cut-throat competition among the domestic textile companies. At a result, the RMB Appreciation must affect our nation’s textile export which largely depends on the international market. This essay provides the comprehensive analysis on the characteristics of the textile industry and the effects and problems brought by the Appreciation of RMB. Besides, the textile industry should take follow-up measures positively, enhance the all-around competition of companies and increase operational benefit while the fact that Appreciation of RMB can’t be changed.