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Since the financial crisis in 2008, China have raised export tax rebate rate seven times to defuse the pressure on exports.It provided us a good opportunity to examine the policy effects on foreign trade.By empirical and econometric methods, this paper analyzed the effect of export tax rebate policy on Chinas textile exports, and explored the main factors affecting the textile exports.The results suggested that in the short term, although the rise of export tax rebate rate can relatively lower the extent of decline in textile exports, it does not change the overall trend of seasonal fluctuations of textile industry;while in the long run, despite the export tax rebate has certain stimulus on the textile exports, the effect is not obvious statistically, only when lag one period is tax rebate the Granger cause of textile exports;both in the short term and long term, the importing countrys GDP is the most important factor which affects the textile exports.