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China Imports 70,000 Tons of Cotton in August

9/24/2015 11:50:17 AM

In August of this year, China imported 70,000 tons of cotton, a drop of 36,000 tons by 33.96% from July, down 130,000 tons or 65.0% from a year earlier. From last September to this August, China’s cotton import totaled 1.67 million, down near 1.33 million tons or 44.4% year-on-year. The cotton impor…

China relaxes control on RMB cash inflow for multinationals

9/24/2015 11:48:20 AM

BEIJING -- China's central bank on Wednesday raised the ceiling on cross-border renminbi fund flows for multinationals via two-way cross-border renminbi cash pooling and lowered the threshold for participation in the business.The cap on the net inflow was raised to 50 percent of the total shareholder…

Let us see some substance behind SME rhetoric

9/18/2015 3:32:17 PM

Employees measure cloth before cutting at a private textiles and garments company in Nanjing, Jiangsu province. [Photo/China Daily] In recent months there's been a slew of initiatives aimed at easing China's transition from an export-driven, to a consumption-led economy. Topmost among them has been t…

Textiles and Apparel Exports See Double-digit Decline in July

9/14/2015 10:18:59 AM

In July, China’s exports of textiles and apparel once again saw double-digit decline despite the decline narrowed month-by-month in the second quarter. Latest figures of the General Administration of Customs show that China’s exports of textiles and apparel dropped by 10.2% year-on-year in July to…

Review on the 26th edition of SPINEXPOTM Shanghai

9/11/2015 4:22:30 PM

SPINEXPOTM Shanghai took place at the Shanghai World Expo Exhibition & Convention Center in Pudong Shanghai, 1-2-3 September 2015. The organizer wasn’t sure what to anticipate as this edition of the show opened just after the announcement of the devaluation of the Yuan by the Chinese Government…

BRUCE ATHERLEY NAMED EXECUTIVE DIRECTOR OF COTTON COUNCIL INTERNATIONAL

9/9/2015 4:06:41 PM

WASHINGTON, D.C. (August 20, 2015) – Bruce Atherley, who most recently served as vice president, Global Marketing for KAO, Inc., a Tokyo-based global manufacturer of personal care and household products, has been named executive director of Cotton Council International (CCI), effective October 1. C…

Hubei Xiangyang: Six 100 Million-worth Cotton Spinning Projects in Operation

9/8/2015 10:04:47 AM

According to the development and reform commission of Xiangyang City in central China’s Hubei Province, six cotton spinning projects, each costs more than CNY 100 million, ran into production in the second quarter of this year. These six projects are: the combing-compact spinning project of Hubei Xi…

Xinjiang: Textile Industry to Have More Than 10 Million Spindles by End of 2015

9/6/2015 3:15:09 PM

Over the past couple of years, both the central government and the local government of Xinjiang Uygur Autonomous Region have staged a series of favorable policies to support the development of local textile and garment industry, attract textile and garment enterprises from outside Xinjiang to invest …

21st China International Man-made Fiber Conference to Be Held in Jiangsu

9/6/2015 3:09:25 PM

The 21st China International Man-made Fiber Conference (Shengze 2015) will be held in Wanli Hotel, Shengze Town, Jiangsu Province. Under the background of slow recovery of the global economy and slowdown of China’s national economy, the conference will be held under the theme of "Innovation-dri…

Monetary easing to bolster economy, restore confidence

8/27/2015 11:17:02 AM

BEIJING - The Chinese government's easing of monetary policies is much more than a response to the recent stock market rout, as it aims mainly to lower borrowing costs and shore up economic growth. On Tuesday, the People's Bank of China (PBOC), the central bank, announced cuts in the reserve requirem…

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

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