5/8/2013 3:16:00 PM
SHANGHAI - The Chinese economy has become more stabilized with its slowdown ended, according to survey results issued on Tuesday by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).The survey, polling 2,000 financial professionals working in …
5/7/2013 10:43:00 AM
According to the General Administration of the Customs, China exported 1,713 tons of raw silk in the first quarter of this year, down 5.9% compared with the same period of last year. The export amounted to US$ 93.65 million, up 11.4%. The export in March stood at 507 tons, amounted to US$ 28.03 milli…
5/6/2013 10:37:00 AM
The RMB yuan gained 0.77 percent against the US dollar in April, continuing an upward trajectory in which the Chinese currency has surged more than 32 percent against the greenback since 2005. The RMB has also appreciated against the basket of major international currencies as a result of their recen…
5/3/2013 11:01:00 AM
The figures from the General Administration of the Customs show that in the first quarter of this year, China imported 90,000 tons of synthetic fibers for textile production, down 4% from same period of last year. The import amounted to US$ 280 million, down 4.4%. The import in March stood at 30,000 …
4/28/2013 9:38:00 AM
Despite a contraction, the textile machinery industry quickened its step of restructuring in 2012. "The structural change is strong guarantee to the technological progress of the industry", said Wang Shutian, chairman of China Textile Machinery & Accessories Association at the board…
4/26/2013 10:29:00 AM
International chemical company Clariant AG plans to double its sales in China within several years.According to Per Sjoberg, regional head of Clariant Greater China, the Swiss company’s sales reached 606 million Swiss francs ($640 million) last year, more than doubling that of 2005."We have rea…
4/24/2013 10:45:00 AM
Footwear enterprises in Jinjiang, a city in Fujian province which is famed as the country´s "footwear capital", are tackling growing competition in the industry, rising inventories and market saturation.Jinjiang, which makes 20 percent of the sports shoes sold globally and supplie…
4/22/2013 6:05:00 PM
Despite a contraction, the textile machinery industry quickened its step of restructuring in 2012. "The structural change is strong guarantee to the technological progress of the industry", said Wang Shutian, chairman of China Textile Machinery & Accessories Association at the board…
4/19/2013 11:37:00 AM
Outbound investment jumps sharply as country facilitates global businessForeign direct investment in China continued to increase in March, an indication of global confidence in the world´s second-largest economy, officials said.Inbound FDI increased 5.65 percent last month from a year earli…
4/17/2013 2:32:00 PM
Up to March 29th, China National Cotton Reserves Corporation purchased a total of 6.51 million tons of cotton for temporary reserves. The cumulative reserves by listing up to 4.7795 million tons and cumulative reserves from backbone enterprises up to 1.7270 million tons. For the cumulative reserves b…
