The president of China's largest producer and exporter of cashmere garment said on Tuesday he expects demand for cashmere products to soar next year when his country joins the World Trade Organisation.

Wang Linxiang, head of Erdos Cashmere Products Co Ltd, said companies like his would enjoy larger overseas sales after China joins the WTO and cashmere tariffs are gradually lifted and the quota system for textiles exports gradually eliminated.

But he warned Chinese cashmere producers that if they wanted to cash in on opportunities offered by WTO membership they would have to improve quality, increase variety and promote exports of high-value products according to the international market demand.

According to the latest figures from the China Textile Industry Council, China is the world's leading cashmere producer, yielding 8,000 tons annually, or over 70 per cent of the world's total.