6/18/2012 10:35:00 AM
The figures announced by the Ministry of Industry and Information Technology show that in the January-April period, the industrial value added of the textile industry rose 12.6%, registered a slowdown pace compared to January-March period by 0.5 percentage point. The domestic sales of textile industr…
6/8/2012 11:39:00 AM
China´s domestic cotton consumption is positive this year despite its economic slowdown, the Cotton Council International, the export promotion arm of the US National Cotton Council, has said."We are very optimistic about China´s retail market," said Karin Malmstrom, Chi…
6/8/2012 11:29:00 AM
UNITED NATIONS - While economic growth in China is projected to moderate to 8.3 percent in 2012, there is a low risk of a hard landing for China´s economy, according to a UN report released here on Thursday by the United Nations Department of Social and Economic Affairs (DESA).The UN World …
6/6/2012 9:38:00 AM
Economists think China´s GDP growth in the second quarter could slow to 7.8 percent after a cooled expansion of 8.1 percent in the first quarter, according to survey findings released on Tuesday.Ten financial institutions participated the survey initiated by Caixin and reported expectations…
6/5/2012 10:09:00 AM
The internationalization of the renminbi is the will of the market rather than a government-backed move, People´s Bank of China Governor Zhou Xiaochuan was quoted as saying on Monday. "It is the result of the growing power of the nation and its financial market boom ... though there is…
6/1/2012 10:54:00 AM
China´s textile industry, which contributes significantly to the country´s exports, posted slower growth in the first quarter of 2012 due to weak external demand, according to National Development and Reform Commission (NDRC) data released May 10.Industrial output by major textile…
5/30/2012 11:37:00 AM
Jiangxi Province recently has mapped out the 12th five-year plan for its textile industry. According to the plan, Jiangxin will turn itself into a newly-emerged textile and garment production base and make the local textile economy accounting for about 3.5% of the country´s total in 2011-20…
5/29/2012 10:41:00 AM
It is reported from the Economic and Information Commission of Chongqing Municipality that the textile industry in Chongqing maintained a steady growth, which is reflected in major economic indicators. In January-March of this year, textile enterprises above designated scale (annual prime business re…
5/29/2012 10:36:00 AM
To act in the spirit of the State Council for further eliminating obsolete production capacity, the Ministry of Industry and Information Technology has recently announced targets for 19 industries to scraping obsolete production capacity in 2012, asking local related departments to assign practical t…
5/28/2012 10:44:00 AM
On May 3, Yang Jun, Vice Secretary General of China National Textile and Apparel Council (CNTAC) on behalf of the council signed an agreement with Xianyang Municipal Government on jointly setting up Xianyang Xinxing Textile Industrial Park for taking over the westward movement of textile industry.It …