12/17/2014 6:33:25 PM
Ningbo City in Zhejiang Province has over-fulfilled the targets set both by the state and provincial government for eliminating outdated production capacities.By the end of September, 465 enterprises had fulfilled their tasks; 232 enterprises were closed down; 295,000 tons of chemical fiber productio…
12/17/2014 6:22:53 PM
In the first ten months of this year, the prime business revenue of sewing machinery industry grew 3.76% year-on-year to near CNY 32.85 billion. The growth rate has been dropping down month by month since July. In the same period, the total profits of this industry for the first time presented a 2.53…
12/16/2014 6:31:47 PM
As a key technical project of Jingwei Textile Machinery Co., Ltd. Yuci Branch, the automatic ring plating line was put into batch production after half a year"s preparation. The line costs an investment of more than CNY 4 million. Machines were installed in August, put into test run for both co…
12/12/2014 6:32:24 PM
Texhong Textile Group Ltd recently held a groundbreaking ceremony for its project to build infrastructure for an industrial park in Vietnam"s northern QuangNinh province.The TexhongHai Ha industrial park is part of the MongCai border gate economic zone in the province, some 120 km east of capita…
12/11/2014 6:40:42 PM
On November 27, a delegation of 100 enterprises from Zhejiang Province visited Ahmedabad, the largest city in India to look for investment opportunities. These enterprises are involved in many industries including textile, leather, furniture, logistics, etc.Mr. Jagat Shah, secretary general of India …
12/3/2014 9:32:13 AM
Seizing new chance on the world market, China"s export of sewing machinery hit new record. Figures of the General Administration of the Customs show that the export in the first eight months of this year topped more than US$ 1.56 billion, up 9.26% year-on-year, maintained a steady year-on-year g…
12/1/2014 1:46:13 PM
China has decided to pay a subsidy of CNY 2,000 per ton of cotton harvested in the cotton year of 2014/15 to farmers in nine major cotton-growing provinces including Shandong, Hubei, Hunan, Hebei, Jiangsu, Anhui, Henan, Jiangxi and Gansu. In the following years, the subsidies will be calculated based…
11/25/2014 3:30:50 PM
In October, China"s industrial value-added output of enterprises above designated size grew 7.7% year-on-year adjusted by inflation, decelerating 0.3 percentage points compared to September, the National Bureau of Statistics said. 39 out of 41 major industries maintained year-on-year growth, in …
11/21/2014 9:59:51 AM
China"s urban fixed asset investment rose 15.9% from one year earlier to CNY 40.62 trillion (US$6.62 trillion) in the first 10 months of 2014, the National Bureau of Statistics said on Nov. 13. The pace of increase slowed further from the 16.1-percent growth registered in the January-September p…
11/13/2014 7:36:07 PM
The Ministry of Commerce recently announced the import quotas for wool and wool top in 2015. The total import quota for wool is 287,000 tons, while that for wool top is 80,000 tons. Detailed management rules are also announced.
