An increase of 23.2 % compared to 2004 has been achieved by China this year, with foreign trade reaching US$ 1.4 trillion. Imports reached $762 bln, which was 28.4 % and exports touched US$ 660 bln which was 17.6 %, according to the China Customs report. Processing trade accounted for 48.6 % of country's foreign trade in 2005. The profit margin was thin due to weak
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| value of the goods. China’s textile export in 2005 consisted of 20 bln pieces of apparel worth US$115 bln. Its cheap labor and low priced product have driven the export growth but sparked trade disputes and restrictions in some countries, on and off. Apparently, China has to put more effort on quality improvement rather than quantity by developing brands that can compete in quality with other brands in the international market. 
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