5/7/2015 2:49:03 PM
According to China Chamber of Commerce for the Import and Export of Textile and Apparel, China's import of cotton yarn declined in January-February of this year. The import dropped by 19.1% year-on-year to 124,000 tons in February, down about 100,000 tons compared to the 218,000 tons in January. Alon…
4/22/2015 1:48:48 PM
BEIJING - The Chinese central bank's decision to cut banks' reserve requirement ratio (RRR) will be good for growth, reduce financing costs, and aid the real economy, analysts believe. The RRR will be cut by 100 basis points (bps) from Monday, the second across-the-board cut this year and the biggest…
4/22/2015 11:43:01 AM
China’s industrial profits for the first two months of this year declined 4.2% year-on-year to CNY 745.24 billion (US$ 121.5 billion), in which, profits of main textile businesses surged 6.4%. During the first two months of 2015, 30 of the 41 sectors surveyed reported year-on-year profit increases, …
4/22/2015 11:41:29 AM
Xinjiang Uygur Autonomous Region recently held a symposium on increasing employment by developing textile and apparel industry, on which the targets for 2015 are set. In 2015, the local textile and apparel industry will absorb fixed-asset investment of CNY 27.6 billion, up 187% over last year; add ne…
4/22/2015 11:37:35 AM
Although the growing pace of the textile machinery industry slowed down in 2014 under the background of slower growth of China’s textile industry and shrinking demand on domestic market, textile machinery manufacturers’ independent innovation ability has improved and remarkable progress has been ma…
4/20/2015 5:22:51 PM
The 10th Asian Chemical Fiber Industries Federation (ACFIF) Conference will be held in Beijing on May 14-15, 2015. China Chemical Fiber Association on behalf of the Chinese chemical fiber industry will host the session. This is the second time that this conference is held in mainland China after many…
4/14/2015 11:22:22 AM
Recently, Anhui Rifa Textile Machinery Co., Ltd. held an inauguration ceremony in Ma’anshan Intelligent Textile Machinery Industrial Park in Anhui Province for celebrating the completion of its first-phase project of “Rifa Intelligent Textile Machinery R&D and Manufacturing Base”.With a planne…
4/14/2015 11:17:45 AM
China’s cotton import in February kept unchanged month-on-month in terms of both quantity and price, but it continued to drop year-on-year. According to the General Administration of Customs, China imported 159,100 tons of cotton, down 0.21 tons or 1.3% from the previous month and 35.3% compared to …
4/3/2015 10:17:57 AM
In 2014, textile enterprises above designated size in Hubei Province realized industrial value added of CNY 88.89 billion, according to the textile division of Hubei Economy and Information Technology Commission. The scale of the industrial value added is 2.34 times that at the end of the 11th Five-y…
4/2/2015 10:10:14 AM
A Bank of China Ltd report has predicted China's economy to stabilize in the second quarter of this year, and GDP growth to rise from around 7 percent in the first quarter to 7.2 percent in the second.Zhou Jingtong, a senior economist with the bank's Institute of International Finance, said in the re…
