3/17/2015 2:12:07 PM
ACIMIT has signed an agreement with EURATEX for common actions in energy efficiency and sustainability. ACIMIT President Carabelli, “The Memorandum of Understanding signed with the European apparel and textile confederation confirms our commitment on issues of vital importance for the entire industr…
3/11/2015 10:20:11 AM
The number of newly established firms continued to surge on the back of government efforts to streamline the process for starting a business, according to official data.About 348,200 new companies were registered in January, up 37.74% year-on-year, statistics from the State Administration for Industr…
3/11/2015 10:18:01 AM
The textile industry is drawing up the “13th Five-year Plan of Textile Industry” and the draft of which will be finished in the first half of this year, Li Jincai, director of China Textile Planning Institute of Construction said at the recently held 2015 China-Asia International Textile Forum. Acc…
3/10/2015 2:38:00 PM
Global yarn production decreased in Q3/2014 compared to the previous quarter due to lower output in Asia and Europe. During the same period, the yarn production in North America increased moderately, while in South America it recorded a strong rise. On an annual basis, the global yarn production rose…
3/9/2015 2:40:25 PM
China's manufacturing activity improved slightly in February thanks to increased output and new orders, according to HSBC's preliminary purchasing managers' index (PMI) released on Feb. 25. The HSBC flash manufacturing PMI for February rose to a four-month high of 50.1 from a reading of 49.7 in Janua…
3/9/2015 10:53:51 AM
The intention of cotton-growing in China will go downward in 2015, expanding 7.5 percentage points compared to 2014. A survey conducted in January on 95 counties, 98 towns, 313 villages and 2,742 cotton growers shows that 41.4% of them will keep the same growing area as in last year, down 20.4 percen…
3/6/2015 10:45:18 AM
Hongqi Textile Machinery Co., Ltd. recently developed the world first high-speed intelligent pile air-jet loom. Its weaving efficiency triples that of traditional shuttle loom and both its unique electronically-controlled pile motion and the constant-tension let-off motion are leading technologies in…
3/5/2015 11:12:22 AM
The effects of China's reforms would be "quite positive" for global growth, John Paul Betbeze, economic adviser at Deloitte France, said Wednesday. In an interview with Xinhua, Betbeze noted that China's economic slowdown was the result of a change in the Chinese business model and a slowdo…
3/5/2015 10:58:10 AM
Following are highlights of the Chinese government work report distributed Thursday morning to the press ahead of the annual session of the National People's Congress. Increase GDP by approximately 7 percent China targeted economic growth of approximately 7 percent in 2015, lower than the goal of aro…
3/2/2015 10:48:22 AM
More than 100 billion yuan ($16.6 billion) in tax break eased tax and fees burden of small businesses last year, an official with the Finance Ministry said on a Friday policy briefing.Shi Yaobin, deputy minister of Finance Ministry, said the combined tax break for micro and small businesses in China …
