1/10/2012 2:40:00 PM
In Nov. 2011, China imported cotton reached 378,124 tons, twice as much as that of same period of the last year, or rising 50% from a month ago.From Jan. to Nov., the imported cotton accumulated to 2.57 million tons, rising 8.3% from the same period last year. Currently, China remains the status of t…
1/9/2012 2:01:00 PM
China´s domestic and export markets have always been the major pulling power for the development of China´s textile industry. Although domestic market grew faster than export market in 2011, its support intensity over the textile industry has been weakened. Industry experts predic…
1/6/2012 10:13:00 AM
BEIJING - Foreign direct investment (FDI) growth in 2011 slowed to 9 percent, the Ministry of Commerce said on Thursday.FDI, from January to November, grew by 13.15 percent year-on-year to $103.7 billion, according to the ministry.But the figure for the whole year is expected to be $115 billion, up 9…
1/5/2012 10:19:00 AM
CHANGSHA - Chinese Premier Wen Jiabao has called for confidence in surmounting economic difficulties and stabilizing growth as the country faces a "cooling market"."We must face the challenges with full confidence and overcome difficulties to achieve the target of making progress while…
12/29/2011 11:00:00 AM
According to statistics of the National Bureau of Statistics of China, during January to September, Chinese textile machinery exports reached US$1.65 billion, a 33.04% year-on year growth. Knitting machinery sector stayed the largest sector in terms of textile machinery exports. The sector´…
12/26/2011 10:55:00 AM
HONG KONG - Although facing economic uncertainty on the grandest of scales, China´s economy will enjoy robust growth of 8.6 percent in the coming year, well above the world average level of 1.9 percent, the Hongkong and Shanghai Banking Corporation (HSBC) predicted on its annual global rese…
12/26/2011 10:39:00 AM
BEIJING - China will further cut reserve requirements in 2012 to pump liquidity into the country´s banking system, but that will not indicate a shift in the country´s monetary policy, a senior official said Sunday.Wu Xiaoling, a former deputy governor of the People´s Ban…
12/22/2011 10:18:00 AM
China and the group of four major African cotton producing African countries (C4) of Benin, Mali, Chad and Burkina Faso, issued a Joint Press Communiqué on Cooperation in Cotton Industry under the WTO Framework on Dec. 14 in Geneva. China and the C4 countries decided to cooperate in cotton indus…
12/21/2011 10:55:00 AM
NANJING - Chinese Premier Wen Jiabao has called for the country to maintain confidence that it can weather challenges amid a "complicated and tough" outlook of economic development."As in 2008, we are now encountering difficulties which can be overcome through hard work," Wen said…
12/20/2011 10:16:00 AM
To implement "the Program of the Twelfth Five-year Plan for National Economy and Social Development" and "the Program for National Long-Term Science and Technology Development (2006-2020)", nail down the technology innovation objects and emphasis missions in terms of industrializa…