8/5/2013 11:42:17 AM
Hard landing unlikely in second half of year, says senior economist China's contribution to the global economy will continue to increase this year, remaining a major engine for world growth, a senior economist from a top government think tank said on Thursday. A sharp drop in GDP growth, or a hard la…
8/1/2013 10:51:04 AM
Fine-tuning will consider varying needs of areas, sectors, NDRC official promisesChina's top economic planner expressed confidence in achieving the 7.5 percent gross domestic product growth target this year through hard work after the government decided to adopt further measures to stabilize market e…
7/31/2013 10:37:32 AM
In June, the value added of industrial enterprises above designated size (annual sales revenue more than CNY 20 million) grew 8.9% year-on-year in real terms (allowing for price fluctuations), down 0.3 percentage point from May. In January-June, the value added grew 9.3% year-on-year. In June, 40 out…
7/31/2013 10:35:16 AM
Since the beginning of this year, the price of viscose filament has kept a downward trend and it is expected to rebound by the end of the third quarter of this year, said Wang Shengyong, General Manager of Jilin Chemical Fiber Group Co., Ltd.Jilin Chemical Fiber Group Co., Ltd. is quickening its step…
7/25/2013 6:44:38 PM
Estimates (Q2/2013) and Outlook (Q3/2013) for Global Yarn and Fabric Output are Positive Global yarn production jumped in Q1/2013 in comparison to the previous quarter as a result of higher output in Asia, North and South America and despite a decrease in Europe. Also on an annual basis global yarn o…
7/25/2013 11:49:43 AM
Data from the General Administration of the Customs show that China exported US$ 51.2 billion worth of textile yarn, fabric and made-up goods in January-June of this year, up 10.1% year-on-year. The export of garment and accessories totaled US$ 76.1 billion, up 13.4%. The export of textile yarn, fabr…
7/22/2013 11:08:30 AM
More nations turn to Chinese currency for investment and trade settlementAlthough the money markets have gone into a tizzy recently, there have been some unrelated developments that clearly underscore the growing global influence of China's currency, the yuan also known as renminbi.Indications that t…
7/18/2013 11:31:33 AM
Economy to expand at healthy pace for years to come, report says Growth of 7.75 percent in China's gross domestic product this year is possible, the International Monetary Fund said on Wednesday. But the global organization said this hinges on decisive measures being taken to re-energize reform effor…
7/16/2013 11:56:07 AM
Nation 'still capable of keeping steady growth momentum in second half'China's economy grew by 7.6 percent year-on-year in the first half, a marked slowdown in comparison with near double-digit growth recorded two years ago.A government spokesman said that reducing the growth rate is aimed at making …
7/15/2013 4:54:58 PM
In the first five months of this year, the textile industry in Jiangxi Province operated well, with major textile enterprises (or those with annual sales revenue more than CNY 20 million) producing an industrial value added of CNY 13.5 billion, up 25.2% year-on-year; generating a prime business reven…
