7/7/2015 10:38:47 AM
The owners of ITMA Asia + CITME — the European Committee of Textile Machinery Manufacturers (CEMATEX), China Textile Machinery Association (CTMA), the Sub-Council of Textile Industry, CCPIT (CCPIT-Tex) and China Exhibition Centre Group Corporation (CIEC) — have decided to change the venue of the ev…
7/7/2015 10:35:10 AM
A female Chinese worker handles production of yarn to be exported at a garment factory in Huaibei city, East China's Anhui province, July 1, 2015. [Photo / IC] BEIJING -- Multiple economic indicators in recent months suggest the Chinese economy is over the worst as pro-growth and reform measures take…
7/3/2015 10:40:11 AM
The Chinese government has promised support for migrant workers, college graduates and army veterans who wish to return to their rural hometowns to start businesses amid a national campaign to boost entrepreneurship and employment.The State Council, China's cabinet, released a guideline recently sayi…
7/3/2015 10:38:44 AM
China's exports of textiles and apparel dropped by 6.3% from a year earlier to US$ 23.4 billion in this May, the General Administration of Customs (GAC) said recently.In May, the export of textiles dropped by 3.9% to US$ 10.05 billion and that of apparel dropped by 8% to US$ 13.35 billion.If calculat…
6/29/2015 10:04:47 AM
China's central bank announced a targeted cut of reserved requirement ratio (RRR) and the year's third reduction of the one-year deposit and lending rates beginning Sunday to consolidate the moderate rebound of economic growth and ensure low financing costs for companies.According to the People's Ban…
6/24/2015 2:53:23 PM
According to the Development and Reform Commission of Xinjiang Production and Construction Corps, the State Development and Reform Commission will give greater support to the Corps' project of constructing high-quality cotton growing base by allocating CNY 200 million from the central investment budg…
6/24/2015 2:49:41 PM
Chinese Minister of Commerce Gao Hucheng and Australian Trade and Investment Minister Andrew Robb signed the China-Australia Free Trade Agreement on behalf of their own government in Canberra, Australia on June 17. Australian Prime Minister Tony Abbott attended the signing ceremony. The China-Austral…
6/24/2015 2:44:26 PM
FRANKFURT - The Chinese economy is healthy and has great potential for further development, a leading German economist has said. In the macroeconomic sense, the Chinese economy is still extremely healthy if one looks at the growth rate, inflation and balance payments, said Carsten Herrmann-Pillath, r…
6/19/2015 5:53:19 PM
The biggest challenge for most companies in the fashion industry is to continually develop state-of-the-art products. There is a growing need to add more technical aspects to yarns and to work intensely in R & D, in partnership with flat bed and circular knit machine manufacturers. With this in m…
6/12/2015 6:14:49 PM
Since the beginning of this year, China's textile industry has maintained steady growth through actively overcoming various negative factors such as weak market demand, price difference between overseas cotton and local-grown cotton and increasing manufacturing costs and by positively accelerating in…
