4/20/2012 10:17:00 AM
Central bank official says ´targeted´ action likely in coming monthsChina´s central bank has indicated that a further relaxation of monetary policy is on the horizon, such as more cuts in the reserve requirement ratio for commercial lenders to ensure adequate liquidity i…
4/18/2012 10:28:00 AM
Shanghai scientists have developed China´s own genetically modified cotton which has longer fibers and is hoped to help reduce the country´s imports of high-end cotton, Fudan University announced recently.Yang Jinshui, life sciences professor at Fudan University and a member of th…
4/18/2012 10:25:00 AM
WASHINGTON - The International Monetary Fund (IMF) on Tuesday said that China´s economy is expected to grow by 8.2 percent this year, signaling a soft landing even with the drag from external demand.Investment and private consumption remained strong in China, supported by solid corporate pr…
4/16/2012 2:06:00 PM
According to statistics of China National Textile and Apparel Council, the production of polyamide fiber in February stood at 162,000 tons, increased by 40.5% compared to the 116,000 tons in last February. The production in the first two months of this year totaled 299,000 tons, up 19.3% compared to …
4/16/2012 2:03:00 PM
China´s cabinet vowed on Friday to strengthen its fine-tuning of the economy as it grew by an annual rate of 8.1 percent in the first three months of 2012, its slowest pace in nearly three years."Efforts should be made to leave more room for new policies and prepare for hardships and t…
4/9/2012 11:08:00 AM
It is reported from the recently held Working Conference of Hunan Textile Industry that the gross industrial output value of the local textile industry is expected to top CNY 100 million in 2012. According to Liu Hui, Director of Administrative Office of Textile Industry in Hunan Province, in 2011, t…
4/6/2012 10:24:00 AM
Fujian Province will introduce, set up and foster a number of key projects of consumer goods industry in 2012, according to the "Instructive Suggestions on Developing Consumer Goods Industry in Fujian Province in 2012", which is recently published by the local Economic and Trade Commission.…
4/5/2012 10:49:00 AM
BEIJING - Chinese Premier Wen Jiabao said Tuesday that despite the decline of a few major economic indicators, China´s economy as a whole continues to grow as the government anticipated in its exercise of macro-controls.Despite the falls, major economic indicators are still at reasonable le…
3/31/2012 11:02:00 AM
China´s Purchasing Managers Index (PMI), a preliminary readout of the country´s manufacturing activity, rose to 51% in February 2012, the highest level since October last year. The reading marked the third consecutive month of growth in the manufacturing sector, following a 50.5% …
3/31/2012 11:01:00 AM
China aims to increase the volume of total exports and imports by around 10% year-on-year in 2012 to further improve its international balance of payments, Premier Wen Jiabao said in a government work report Monday. The targeted foreign trade growth is a sharp slowdown from last year when China&a…
