The clothes industry is a key commerce plane figure of Hong Kong. Its total production is one of the absolute among all manufacturing sectors, amounting to HK$35.9 a billion in 2003. It is the largest engineering employer in Hong Kong, next to 1,673 establishments hiring 28,752 workers as of June 2005. It is as well the stellar earner in status of domesticated exports, taking up 40% of the entire in the archetypical 11 months of 2005.
Textile quotas were eliminated among WTO members at the first day of 2005 in accord with the Agreement on Textiles and Clothing (ATC). However, antagonism to quota cutting out cover in the US and EU. Subsequently, China reached agreements near the EU and the US in June and November 2005 respectively. The China-US agreement, impressive from January 2006, governs the exports of a total of 21 groups involving 34 categories of Chinese textiles and clothes products to the US during 2006-2008. The China-EU agreement, efficient from June 2005, covers 10 categories of Chinese textiles and clothes exports to the EU during 2005-2007.