2/21/2012 10:54:00 AM
According to ICIS, the PTA production capacity in Asia will increase 26% in 2012, while the growth in 2011 is 13%. The new PTA production capacity in 2012 will all come from China, with an expected 11.5 million tons, including 6 newly-installed facilities and one reformed based on existing facility. …
2/21/2012 10:50:00 AM
Recently, Jiajiang County, Sichuan Province, introduced from Europe prepreg production line officially put into operation, now the largest in western China carbon fiber prepreg production line. The project when completed, will form a production capacity of annual output of 10 million square meters of…
2/20/2012 1:39:00 PM
Fangyuan, a synthetic fiber producer based in Zhejiang Province, held a commencement ceremony in early January to mark its new project for 120,000 tons of differential polyamide fiber laying the first stone. After Zhejiang Fangyuan Synthetic Fiber Co., Ltd. settled down in Tongxiang, Zhejiang Provinc…
2/20/2012 1:36:00 PM
BEIJING - China´s central bank said Sunday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation.The remarks, made by an official with the People´s Bank of China (PBOC), was quoted in a PBOC press release a day after…
2/17/2012 11:11:00 AM
The Economic Cooperation Framework Agreement (ECFA) between Mainland China and Taiwan will enter into the second stage of lowering duties. According to the Agreement, goods including textile products in the Early Harvest List with original duty at or below 7.5%, which account for 95 percent of the go…
2/15/2012 10:25:00 AM
When the 2012 Summer Olympic Games open on July 27 in London, Bosideng, China´s largest down apparel company, will open its first European store near Oxford Street, the city´s busiest shopping street, presenting a brand widely known in China to Londoners and visitors from across t…
2/15/2012 10:23:00 AM
BEIJING - Experts says that China will manage to weather adversity stemming from thwarted investments and exports to achieve a soft landing in its macroeconomy this year. The country′s economy is dotted with uncertainties in 2012, as its stern property curbs have weighed on rises in fixed-asset inve…
2/13/2012 10:44:00 AM
Rate hits 4.5% after food prices soar during Spring Festival BEIJING / SHANGHAI - The inflation rate hit an unexpected three-month high in January as consumers increased spending during the Chinese New Year holiday.The rate may deter policymakers from further loosening monetary policy, analysts said.…
2/10/2012 10:14:00 AM
BEIJING - China´s economy is expected to expand by 8.5 percent in the first quarter of 2012, a government think tank said Thursday.Squeezed by a deteriorating export environment and the government campaign to rein in the property market, the country´s economic growth will continue…
2/8/2012 11:44:00 AM
BEIJING - China will raise the retail prices for gasoline and diesel by 300 yuan ($47.53) per tonne starting February 8, the country´s top economic planner said on Tuesday.The benchmark retail price of gasoline will be lifted by 0.22 yuan per liter and diesel by 0.26 yuan per liter, accordi…
