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Korea textile industry need to reorganize focusing on high value-added market

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Korea Economic Research Institute (KERI) has released a report called “Comparative Analysis of International Competitiveness in Textile Industry of Korea, China and Japan and Its Policy Proposals”. According to the report, the technological level in the textile industry of Japan in 2020 will stand at 100 percent, while the figures of Korea and Japan will be at 85 percent and 75 percent, respectively.

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