The Influence of Sub-Prime Crisis on the Export of Textile Industry of Nantong, China - Based on the CMM Model and the Application of Management Informationization Tools

Capability Maturity Model(CMM) was introduced into the theory of subprime crisis and export trade in this paper to analyze the impact of subprime crisis on the export of the textile industry of Nantong area, China. It was proved that CMM model could be applied in other industries except software organization in this paper. The analysis idea of CMM model showed great guiding significance, especially for the overall analysis of changes in industry competitiveness. Under the CMM Model, studies were carried out on the impact of market demand and economic fluctuation on the export trade, especially the export trade in Nantong region. Thus, several approaches were proposed in this paper to promote healthy development of the Nantong textile industry.